Actually, what they do is not easily replicated by most corporations, i.e. finding patterns in internal data that allow for cost cutting, increasing profits, finding new profit niches, exploiting existing data assets. That is why Palantir will do around $2.5 billion in revenue this year. Also, their growth is extremely strong: last quarter Palantir put up strong top-line results. Sales grew 21% year over year to $634 million, driven by U.S. commercial revenue growing 40% year over year. The company also grew its customer count by 40% year over year, which is a good indicator of future revenue growth. A stock's price of course is always debatable, but to me this stock should not be in the low 20s. I would think it would be climbing through the 30s and 40s on its way higher.
I've done lots of research on this stock. I'm not going to do a full write up in the comments section of course, but look at its financial ratios, growth in all areas, and positioning for AI. Former NYSE trader Stephen Guilfoyle says this: Former NYSE trader and TheStreet Pro contributor Stephen 'Sarge' Guilfoyle highlighted Palantir (PLTR) as his single best trade. He cited the company's strong financials, clean balance sheet, and growing customer base as reasons for optimism, despite the apparent valuation risk.
That will definitely help. But right now it is so egregiously under priced given its growth and profitability.
I honestly don't look at a CEOs personality, only the results he delivers, which in Palantir's case are outstanding.
Yes and no depending on the situation. If it is a big miss yes it matters, if it is a minor one there are many instances of the market overreacting. But in Palantir's case they have beaten expectations in almost every case over the last 4 quarters or so and had significant growth. So the reverse should be true, if it has large growth, and beats expectations, we should have seen 3 or 4 major pops in the last 18 months or so. But we haven't. That's why I'm puzzled.