Palantir: $50 Per Share Is Not Unreasonable
Financials As always, let's start with the company's financial results. In short, PLTR is growing, and beginning to turn the corner on profitability. In their recent Q3 report, PLTR reported $0.07 in EPS, along with $558 million in revenue, both of which came in above expectations: Seeking Alpha Year-over-year revenue growth came in at ~17%, which was a slight pickup from the quarter prior, and remains well above index - and industry - averages. Looking at the income statement, the company reported higher revenue as discussed, but was able to keep the revenue-related-costs the same, which translated to much higher gr