That’s admittedly high, but their growth is also very high (the commercial business grew 36% last year and they expect 40% this year) which makes the stock attractive.
The gov business is growing slower, but the wins come in waves and those contacts are incredibly sticky
They sold the world on being a big data company, when the market soured on that, they sold the world on being an AI company. I, for one look forward to what the future brings.
Don’t you think those two things compliment each other? Whether they’re chasing clout or are just executing well based on the latest technology is up for debate, but I think they’re onto something big
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Meta, Google, Palantir, Microsoft
Palantir's PE is 253.
https://finance.yahoo.com/quote/PLTR?.tsrc=fin-srch
That’s admittedly high, but their growth is also very high (the commercial business grew 36% last year and they expect 40% this year) which makes the stock attractive.
The gov business is growing slower, but the wins come in waves and those contacts are incredibly sticky
They sold the world on being a big data company, when the market soured on that, they sold the world on being an AI company. I, for one look forward to what the future brings.
Don’t you think those two things compliment each other? Whether they’re chasing clout or are just executing well based on the latest technology is up for debate, but I think they’re onto something big