Why is Palantir stock falling?
Palantir (ticker: PLTR) stock is down about 35% year to date, pressured by a combination of poorly received financial results and the recent selloff in high-growth, high-multiple software shares.Mar 9, 2022
Is Palantir good stock to buy?
Key Points. Palantir disclosed new performance metrics for the first time. The company has a strong balance sheet and is well-positioned to invest in growth. Its commercial sector is beginning to gain steam.Feb 22, 2022
Will Palantir ever recover?
Despite the recent concerns, Palantir's overall growth rate is likely to remain solid. Sales are on track to rise by around 40% in 2021 (results are likely due in February) and Palantir further sees its revenues growing at levels of over 30% each year between 2021 through 2025.Jan 24, 2022
Will Palantir stock go up?
Palantir expects its revenue to rise 30% year over year in the first quarter of 2022, which exceeds analysts' expectations for 29% growth. It also reiterated its long-term goal of growing its revenues by at least 30% each year through 2025. Analysts expect its revenue to rise 32% to $2 billion in 2021.Feb 21, 2022
Is Palantir technology good?
Is Palantir a Buy? Despite strong revenue growth, Wall Street analysts, on average, have a hold rating on the stock. Of the 10 analysts tracked by SA over the past 90 days, two rated the stock a strong buy, four a hold, two a sell and two a strong sell. SA authors have rated it a buy, on average.Feb 1, 2022
Is Palantir undervalued?
Palantir: No Longer Significantly Undervalued, But Still A Buy.Mar 25, 2022
Does Palantir have a future?
Despite the recent concerns on the commercial and government segments, Palantir's overall growth has been solid. We expect sales to rise by around 40% in 2021 and Palantir further sees itself growing revenues at 30%-plus levels from 2021 through 2025.Jan 5, 2022
Will Palantir ever be profitable?
According to sell-side estimates, Palantir will breakeven by 2024, when its bottom-line based on GAAP is expected to turn a small profit. Regarding its guidance, it was mixed as the company's top-line growth should remain strong, but profitability is not expected to improve much in the short term.Feb 17, 2022
How much is Palantir's revenue?
Palantir’s Revenues grew by 24% to about $740 million in 2019 and growth is likely to pick-up to levels of over 40% in 2020 as Covid-19 related disruptions increased demand for the company’s services.
What is Palantir used for?
Through Covid-19, Palantir has been seeing higher traction from the public health space, with its services used to track Covid-19 data from hospitals and to trace the spread of the virus. The company is also developing tools to help authorities with the logistics related to Covid vaccines.
How many customers does Snowflake have?
Palantir, on the other hand, needs engineers to adapt its tools to the unique needs of customers. Snowflake had over 3,100 customers as of July 2020, compared to Palantir which had about 125 customers as of its last fiscal year.
