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Wall Street has been cautious, with the average 12-month price forecast calling for a 29% decline in the stock from the closing price on Feb. 3. But I think this top stock, even after last year's ...
Source: Palantir. For Q3, it projected revenue to come in between $767 million and $771 million, representing 26% to 27% growth from the $608 million in revenue it recorded a year ago.
The quarterly results prompted Bank of America to raise its price target on Palantir stock to $125 from $90 ... moves reminiscent of his takeover of Twitter in 2022. ... News. Entertainment.
While that's a solid increase from today's $2.64 billion in revenue and $477 million in profits, it still doesn't justify the stock price. Palantir would have a trailing price-to-earnings (P/E ...
At the end of December 2022, Palantir stock hit an all-time low of just $6. ... Today, Palantir is consistently both free-cash-flow and net-income positive. ... In Other News. Entertainment.
The recent run-up in Palantir's price has understandably sent up a red flag for some investors as it has come with a commensurate increase in its already frothy valuation. The stock is currently ...