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Two big problems with Palantir, and that's it. One, stock based compensation. This had a horrible effect on the company last year, as it heavily diluted the company's shareholder value by adding more and more shares to the public float. Two, it can't stand on it's own two legs yet. Meaning this thing can't swim upstream on it's own. I believe it'll outpace the indexes once we hit the next bull run, but until then PLTR will bounce around like a ping pong ball in a typhoon.
The best news is that CEO Alex Karp finally realized that YES, YOU NEED A DAMN SALES FORCE. He originally naively believed the product was good enough to sell itself. Spoken like someone who doesn't understand the nuances of being a publicly traded company. So they have began hiring and training a salesforce and I believe this will pay huge dividends in 6+ months in the commercial sector. Govt contracts are fine and all, but I think the true growth is in the commercial sector, not with govt contracts.
QuandaleDingleOG
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@digital_precision, Thanks for that my friend...I agree with your analysis on the govt contracts, they need private sector money in order to grow exponentially
puzzledDove28538
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Fundamentally, you don’t have a clue.
QuandaleDingleOG
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@puzzledDove28538, Can you explain your response...I am a creature of learning and perspectives and your response gives none of that...From what I can see and know about fundamentals their return on assets/equity/capital are all negative and look horrible compared to Q2/Q3 of last year...Their price to cash flow is at roughly 11.40 which is good...Their EBITDA has decreased almost 50%...Their free cash flow is down almost 18% which is not the greatest...To me this stock is overvalued until it reaches it's lowest value from IPO.....8.90....But I would like to hear your thoughts though...Thanks for stopping by my friend
tymmothyuss
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I think we see 5$ from here tbh
tymmothyuss
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People don’t understand pltr and they don’t have much commercial revenue yet
@Notses, @tymmothyuss Long term as in 10yrs hell yes...I think this stock trades at the $100 level at some point...They need to increase revenue across the board and see ROI's which they are still negative on...I like PLTR just to early to play
The best news is that CEO Alex Karp finally realized that YES, YOU NEED A DAMN SALES FORCE. He originally naively believed the product was good enough to sell itself. Spoken like someone who doesn't understand the nuances of being a publicly traded company. So they have began hiring and training a salesforce and I believe this will pay huge dividends in 6+ months in the commercial sector. Govt contracts are fine and all, but I think the true growth is in the commercial sector, not with govt contracts.