Palantir: War Tailwinds Boost the Short-Term Case, but the Stock Isn’t a Buy

TipRanks2022-04-22

Macro tailwinds are often a good way for ailing stocks to get a boost, and unfortunately, war can be a tailwind too. At least that is what RBC’s Rishi Jaluria thinks Ukraine war will do for struggling...

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Comments

小虎一飞冲天
2022-04-22
小虎一飞冲天
Like pls
DiAngel
2022-04-22
DiAngel
Stay calm, mediate 🧘‍♀️🧘‍♀️. Sweep this stock under the carpet and will look at it after 1 or 2 years. Just like those stocks I bought before covid. Nowthey are slowly alive 📈and no longer a wither rose 🥀. 🙏🙏🙏🍀🍀🍀🍀🕊Difficult roads often lead to beautiful destinations. 🕊🍀
leejk
2022-04-22
leejk
Thanks
Dawang
2022-04-22
Dawang
Early days for this disruptor stock! 😂😂
pakthedude
2022-04-22
pakthedude
Nice
XiaTian
2022-04-22
XiaTian
Ya

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At least that is what RBC’s Rishi Jaluria thinks Ukraine war will do for struggling...</p>\n\n<a href=\"https://www.tipranks.com/news/article/palantir-war-tailwinds-boost-the-short-term-case-but-the-stock-isnt-a-buy/\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: War Tailwinds Boost the Short-Term Case, but the Stock Isn’t a Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: War Tailwinds Boost the Short-Term Case, but the Stock Isn’t a Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-22 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/palantir-war-tailwinds-boost-the-short-term-case-but-the-stock-isnt-a-buy/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Macro tailwinds are often a good way for ailing stocks to get a boost, and unfortunately, war can be a tailwind too. At least that is what RBC’s Rishi Jaluria thinks Ukraine war will do for struggling...</p>\n\n<a href=\"https://www.tipranks.com/news/article/palantir-war-tailwinds-boost-the-short-term-case-but-the-stock-isnt-a-buy/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLTR","symbol_name":"Palantir Technologies Inc.","start_time":0,"source_url":"https://www.tipranks.com/news/article/palantir-war-tailwinds-boost-the-short-term-case-but-the-stock-isnt-a-buy/","article_id":"2229413936","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1606183248679","url":"https://www.tipranks.com/news/article/palantir-war-tailwinds-boost-the-short-term-case-but-the-stock-isnt-a-buy/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2229413936","pubTimestamp":1650595865,"sourceInfo":{"source_id":"lsy1606183248679","name":"TipRanks"},"weMediaInfo":null,"summary":"Macro tailwinds are often a good way for ailing stocks to get a boost, and unfortunately, war can be","collect":0,"end_time":0,"defaultTopTitle":"tipranks.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLTR":"Palantir Technologies Inc.","BK4023":"应用软件","BK4543":"AI","BK4547":"WSB热门概念"},"translate_title":"Palantir：战争的顺风推动了短期的情况，但该股不是买进的","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":0.9},"content_text":"Macro tailwinds are often a good way for ailing stocks to get a boost, and unfortunately, war can be a tailwind too. At least that is what RBC’s Rishi Jaluria thinks Ukraine war will do for struggling Palantir (PLTR) stock.“We believe as the war drags on, governments around the world are increasing their defense spending (including against cyber-attacks) and we expect Palantir to be a beneficiary of this trend,” the analyst said. “We do believe this could be only a short-term tailwind, but in our view could be enough to accelerate the Government business.”That is not evident so far, however. Going by RBC’s US federal government spending tracker, no new contracts have been awarded yet, although Jaluria notes the US federal budget was not finalized until mid-March while non-US Government - which accounted for 24% of CY21 Government revenues - could “see upside” before the US.There are other developments which provide Jaluria with a less bearish slant over the near-term. The company has signaled that it will probably bring to an end its “controversial” SPAC investments. The revenue pumping exercise has been a “red flag,” and Jaluria is “encouraged” to see the company bring them to a halt.That said, Jaluria’s long-term concerns remain. The war could boost the company’s prospects in the short-term but there are questions on the “sustainability of potential tailwinds for the Government business.” There’s also growing competition, in particular from Databricks, Dataiku, and DataRobot. And while the company has shifted its stance on the SPAC deals, Jaluria still anticipates the amount of revenue which the SPACs account for will continue to increase (before making up a smaller portion of the commercial backlog).Nevertheless, with the shares down 32% year-to-date, the RBC analyst upgraded his rating on PLTR from Underperform (i.e. Sell) to Sector Perform (i.e. Hold). Jaluria’s price target also moves higher – from $9 to $12, yet the figure still represents a modest 3% downside.Overall, based on a mixed bag of ratings comprising 5 Holds, 3 Buys and 1 Sell, the analyst consensus rates this stock a Hold. The bulls' camp has the edge, however, as the average price target comes in at $14.78 and implies potential upside of ~20%.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9085096628,"gmtCreate":1650614099352,"gmtModify":1676534764099,"author":{"id":"3582098623642517","authorId":"3582098623642517","name":"小虎一飞冲天","avatar":"https://static.tigerbbs.com/1a55a61195830e019abf5d3cc69681b9","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085096628","repostId":2229413936,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082754363,"gmtCreate":1650607526555,"gmtModify":1676534763092,"author":{"id":"4100833454173050","authorId":"4100833454173050","name":"DiAngel","avatar":"https://community-static.tradeup.com/news/f7c2ee91188421bf874cdbc97fb77886","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Stay calm, mediate 🧘‍♀️🧘‍♀️. Sweep this stock under the carpet and will look at it after 1 or 2 years. Just like those stocks I bought before covid. Nowthey are slowly alive 📈and no longer a wither rose 🥀. 🙏🙏🙏🍀🍀🍀🍀🕊Difficult roads often lead to beautiful destinations. 🕊🍀","listText":"Stay calm, mediate 🧘‍♀️🧘‍♀️. Sweep this stock under the carpet and will look at it after 1 or 2 years. Just like those stocks I bought before covid. Nowthey are slowly alive 📈and no longer a wither rose 🥀. 🙏🙏🙏🍀🍀🍀🍀🕊Difficult roads often lead to beautiful destinations. 🕊🍀","text":"Stay calm, mediate 🧘‍♀️🧘‍♀️. Sweep this stock under the carpet and will look at it after 1 or 2 years. Just like those stocks I bought before covid. Nowthey are slowly alive 📈and no longer a wither rose 🥀. 🙏🙏🙏🍀🍀🍀🍀🕊Difficult roads often lead to beautiful destinations. 🕊🍀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082754363","repostId":2229413936,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082722418,"gmtCreate":1650605645859,"gmtModify":1676534762814,"author":{"id":"3569553993868964","authorId":"3569553993868964","name":"leejk","avatar":"https://static.tigerbbs.com/13d40c01a9eef0aa4dc0a703e255de7a","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082722418","repostId":2229413936,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082764400,"gmtCreate":1650604212239,"gmtModify":1676534762615,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0},"htmlText":"Early days for this disruptor stock! 😂😂","listText":"Early days for this disruptor stock! 😂😂","text":"Early days for this disruptor stock! 😂😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082764400","repostId":2229413936,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082712176,"gmtCreate":1650600878333,"gmtModify":1676534762074,"author":{"id":"3568024136331742","authorId":"3568024136331742","name":"pakthedude","avatar":"https://static.tigerbbs.com/44a39c1d2d81353756d935bfebfebf9e","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082712176","repostId":2229413936,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9082713718,"gmtCreate":1650600418278,"gmtModify":1676534761964,"author":{"id":"3575368380492738","authorId":"3575368380492738","name":"XiaTian","avatar":"https://community-static.tradeup.com/news/71777f1a5ae276e73064272b5ae7df92","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"Ya&nbsp;","listText":"Ya&nbsp;","text":"Ya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082713718","repostId":2229413936,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":115,"commentSize":14,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2229413936"}