Samlunch
11-05
$Palantir Technologies Inc.(PLTR)$  


$PLTR

Some stats from earnings that went under-looked in Palantir's Q3 earnings but are very, very, very bullish for Palantir's growth trajectory:

- Average revenue per client went up for the SECOND quarter in a row, now at $2.38M/client ✅

- Stock based compensation is now BELOW 20% of revenues ✅

- Adjusted free cash flow is now going to be $1B+ in FY 2024, up from the low end expectations of $800M ✅

- Adjusted operating margins went to 38%, accelerating for the 5th quarter in a row ✅

Whatever happens to the stock will be up to how the market wants to price Palantir, but fundamentally the BUSINESS itself is growing in a very healthy way with a prioritization on margins, efficiency, and fiscal responsibility.

$4.6B in cash now with no debt gives Palantir one of the best balance sheets in the market.


Palantir Hits $70: Is It the Next AI Multibagger?
On December 3rd, Palantir Technologies announced a new government security designation, allowing it to handle sensitive US government workloads in its cloud offering. Following the news, Palantir jumps 7% and hits new high of $71. ------------------- Is it the next AI multibagger? Will you hold Palantir for long term?
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