Stock has a gigantic run and this is their earnings.......barely even beat... Joke Earnings per share: 13 cents adjusted vs. 13 cents expected Revenue: $884 million vs. $863 million expected
Did you buy it at $120 in Feb 2025? It dropped to 67!!! It must be a nightmare for you. Now it is back to $120 ie profit zero + countless nightmares.
Another meme stock like TSLA. It makes sense since it was backed originally by members of the PayPal Mafia (Lonsdale & Theil). If they ever miss earnings by a lot it will crash like TTD did a few quarters ago.
I don't own PLTR, I'm short PTIR .. You probably bought PLTR at exactly 67 and nearly doubled your money..... I noticed there are a few on here that know how to time the market to absolute perfection. ...
Imagine if they had missed. Would be an easy 25% drop... Lots of hype behind this stock. PE is extremely outrageous, but these days no cares about parabolic PE ratios....
Yet you ignore low P/E's as well. There are plenty of undervalued stocks in markets today. Some are outrageously cheap but macro events might be problematic ( until they aren't ).