"Accordingly, by most metrics, the bullish uptrend in Palantir appears to remain in place. In fact, over the past month or so, this is a stock that rallied nicely off its most recent low below $150 per share, signaling a resumption of bullish momentum for companies like Palantir that have tied their valuations closely to surging demand for artificial intelligence and data center/compute buildouts."
"Palantir's valuation multiple suggests that this big data and intelligence company will continue to grow at breakneck speed, and potentially see growth accelerate from here. Indeed, there are some solid reasons why investors who are bullish on this stock may take this as the base case. The company's Gotham and AIP software platforms are impressive, and have driven solid growth of late both from the core government agencies Palantir has traditionally served, as well as an increasing market share among commercial clients."
Palantir's share price climbed from $76.20 to a peak near $207.52 and currently trades around $185, reflecting a strong rally tied to AI demand and compute buildouts. The stock rebounded from lows below $150, indicating renewed bullish momentum driven by demand for artificial intelligence and data-center expansion. Gotham and AIP software platforms have supported growth across government and commercial clients. Rising market caution and defensive repositioning contrast with euphoric sentiment. Extremely rich valuation metrics, including a price-sales multiple above 115 and a forward P/E near 150, imply large growth expectations and heightened downside risk if AI spending weakens.
Read at 24/7 Wall St.
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