Don’t Say You Haven’t Been Warned About Palantir

InvestorPlace2023-12-01

Palantir Technologies (PLTR) stock has been one of the best performing stocks this year.Investors continue to bank on this stock as a way to play the AI revolution.However, other factors ought to be ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

FGP
2023-12-01
FGP
Wats ur agenda???

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2388716425?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-12-01 11:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2388716425","market":"us","top_or_hot":-1,"title":"Don’t Say You Haven’t Been Warned About Palantir","media":"InvestorPlace","content":"<div>\n<p>Palantir Technologies (PLTR) stock has been one of the best performing stocks this year.Investors continue to bank on this stock as a way to play the AI revolution.However, other factors ought to be ...</p>\n\n<a href=\"https://investorplace.com/2023/11/dont-say-you-havent-been-warned-about-pltr-stock/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","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>Don’t Say You Haven’t Been Warned About Palantir</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\">\nDon’t Say You Haven’t Been Warned About Palantir\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-01 11:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/dont-say-you-havent-been-warned-about-pltr-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies (PLTR) stock has been one of the best performing stocks this year.Investors continue to bank on this stock as a way to play the AI revolution.However, other factors ought to be ...</p>\n\n<a href=\"https://investorplace.com/2023/11/dont-say-you-havent-been-warned-about-pltr-stock/\">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":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://investorplace.com/2023/11/dont-say-you-havent-been-warned-about-pltr-stock/","article_id":"2388716425","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2388716425","pubTimestamp":1701402156,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Investors considering Palantir and PLTR stock may look at the company's AI potential, but there are other factors to consider.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4543":"AI","BK4588":"碎股","PLTR":"Palantir Technologies Inc."},"translate_title":"别说你没被警告过Palantir","themeId":"d5a154ad31824bafb78dd4878d009f3e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":1},"content_text":"Palantir Technologies (PLTR) stock has been one of the best performing stocks this year.Investors continue to bank on this stock as a way to play the AI revolution.However, other factors ought to be taken into consideration when it comes to this name.Palantir Technologies (NYSE: PLTR) has shown strong performance this year, given investor interest in AI stocks. The company’s earnings reports provided plenty of optimism and fueled this rally. However, with the company’s government revenue slightly below expectations at $308 million, while commercial revenue rises 23% to $251 million, there’s room for discussion concerning how good these numbers were.Of course, CEO Alexander Karp expects significant growth by 2025. On the other hand, analyst Brian White warns against overestimating Palantir’s value based solely on one quarter.After an earnings-driven surge, PLTR trades at approximately 80 times forward earnings, sparking concerns over its premium valuation. Insider selling, particularly by a venture capital fund associated with co-founder Peter Thiel, introduces an additional layer of uncertainty.Here are some signs and reasons why buying PLTR stock can be a bad idea.PLTR Stock: A Look on the Bullish SideBefore anything else, it’s only fair to discuss some bullish points from investors who love PLTR stock first.Palantir is experiencing the impact of high AI demand, conducting AI bootcamps with 140 organizations by month-end. With numerous AIP use cases yet to be explored, Palantir is only beginning its growth journey. As of September, it had 453 customers, up 34% from a year ago, including 330 commercial customers, a 45% increase. The quarter saw the closure of 80 significant deals, with 12 valued at $10 million or more.Additionally, Palantir is set to achieve $2.2 billion in revenue this year, marking a 16% increase from 2022’s $1.9 billion. Although smaller than tech giants, its consistent million-dollar deals, surging demand, and profitability suggest significant room for future growth, keeping investors optimistic.Contract with U.K NHSPalantir Technologies faces a market downturn despite a significant NHS contract. The deal aims to overhaul the British healthcare system, introducing the Federated Data Platform for efficient patient care, but investors seem displeased, impacting PLTR stock.The platform will address five NHS priorities: elective recovery, care coordination, vaccination, population health management, and supply-chain management. Valued at approximately £330 million (around $413.87 million) for a seven-year term, the contract disappointed market observers, leading to a decline in PLTR stock. William Blair analysts, led by Louie DiPalma, noted that the NHS website had initially indicated a total contract value of £480 million over seven years.DiPalma clarified that the total value of the NHS contract might reach 480 million pounds with options. Despite the positive news, William Blair gives PLTR an “underperform” rating. Palantir highlights the contract as a win for AI software development. Options traders show bearish activity.Selling Pressure Something to WatchMithril, Peter Thiel’s venture fund, sold $48 million worth of PLTR stock despite Palantir’s impressive 208% rise this year. The stock sale aligned with Palantir’s positive performance, driven by AI capabilities and its AI platform launch. Analysts maintained a cautious stance, with a Hold consensus and an average price target indicating a 24.13% downside.Palantir’s U.S. commercial sector achieved robust growth, with a 33% year-over-year and 12% QoQ increase in customers. Over three years, this metric grew 10x, emphasizing strong acquisition strategies. The “Artificial Intelligence Platform” gained rapid adoption by nearly 300 organizations, showcasing market potential. Swift customer base growth underscores market traction for PLTR stock, but caution is advised due to the limited AI impact track record.My recommendation for PLTR stock is to hold cautiously right now. I think investors need to monitor the stock for potential significant price movements. Entry points are crucial for long-term returns, and current levels may pose challenges in achieving desired rates of return.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":247280302829576,"gmtCreate":1701409191263,"gmtModify":1701409195687,"author":{"id":"3584079457608282","authorId":"3584079457608282","name":"FGP","avatar":"https://community-static.tradeup.com/news/4f96275867e9fcc09f90747c0edcd143","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":9,"crmLevelSwitch":1,"idStr":"3584079457608282","authorIdStr":"3584079457608282"},"htmlText":"Wats ur agenda???","listText":"Wats ur agenda???","text":"Wats ur agenda???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/247280302829576","repostId":2388716425,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":8,"commentSize":1,"repostSize":1,"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":"4.29.3","shortVersion":"4.29.3","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/2388716425"}