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Furqan

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- FurqanFurqan
  ·02-28
  Apple moves out of self driving car race!
  Apple's Scrapped Car Project Means AI and Headset Bets Are More Urgent
  Company needs to restart search for next blockbuster productAlphabet and Chinese rivals still focused on automotive marketIn abandoning plans for a self-driving car, Apple Inc. is giving up on billion
  Apple's Scrapped Car Project Means AI and Headset Bets Are More Urgent
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- FurqanFurqan
  ·02-28
  Too much hype around SoundHound
  SoundHound AI: Too Much AI Hype Heading Into Q4 Earnings
  SoftBank and Nvidia have made small investments in SoundHound AI, bringing attention to the company and causing its stock to soar.The voice AI company is entering Q4 '23 earnings with high expectation
  SoundHound AI: Too Much AI Hype Heading Into Q4 Earnings
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- FurqanFurqan
  ·2023-12-19
  37 Comment
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- FurqanFurqan
  ·2023-11-30
  Great ariticle, would you like to share it?
  Sorry, this post has been deleted
  102 Comment
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- FurqanFurqan
  ·2023-11-17
  Great ariticle, would you like to share it?
  Palantir Could Be One Of The Few Deals Of The Decade
  Palantir has exhibited robust financial growth over the past six years, with an impressive average revenue growth rate of approximately 42.81%, indicating a strong and expanding market presence.The co
  Palantir Could Be One Of The Few Deals Of The Decade
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- FurqanFurqan
  ·2023-11-09
  #Li Autos #
  Sorry, this post has been deleted
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- FurqanFurqan
  ·2023-06-19
  Hong Kong Was an interesting stage
  33 Comment
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- FurqanFurqan
  ·2023-06-19
  The game is getting harder with every step
  144 Comment
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- FurqanFurqan
  ·2023-06-18
  Well done , I love this investing game
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- FurqanFurqan
  ·2023-06-17
  $NKLA$ and $Ride$ are proving to be kind of day trading options only. Is there anything long term behind these stocks ?
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moves out of self driving car race!&nbsp;","listText":"Apple moves out of self driving car race!&nbsp;","text":"Apple moves out of self driving car race!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/278887947128888","repostId":"1190525462","repostType":2,"repost":{"id":"1190525462","pubTimestamp":1709092502,"share":"https://www.laohu8.com/m/news/1190525462?lang=&edition=full","pubTime":"2024-02-28 11:55","market":"us","language":"en","title":"Apple's Scrapped Car Project Means AI and Headset Bets Are More Urgent","url":"https://stock-news.laohu8.com/highlight/detail?id=1190525462","media":"Bloomberg","summary":"Company needs to restart search for next blockbuster productAlphabet and Chinese rivals still focused on automotive marketIn abandoning plans for a self-driving car, Apple Inc. is giving up on billion","content":"<html><head></head><body><ul style=\"\"><li><p>Company needs to restart search for next blockbuster product</p></li><li><p>Alphabet and Chinese rivals still focused on automotive market</p></li></ul><p>In abandoning plans for a self-driving car, Apple Inc. is giving up on billions in potential revenue and the dream of selling what one executive called “the ultimate mobile device.” The hope is that other big bets — including generative AI and mixed-reality headsets — can make up the difference.</p><p>Apple reached this crossroads Tuesday, when it told employees it was winding down the car project and reassigned some of the staff to its AI efforts. The decision followed months of frenzied meetings between top executives and the company’s board over how to proceed. Chief Operating Officer Jeff Williams and project head Kevin Lynch broke the news to the roughly 2,000-member team during a meeting that lasted less than 15 minutes.</p><p>The upshot: Apple’s future isn’t going to hinge on selling $100,000 cars with self-driving features. Instead, it will focus on catching up with rivals in the generative AI industry, where chatbots from OpenAI and Google have captured the imagination of consumers and investors. The shift also lets Apple concentrate on turning the Vision Pro headset — still a fledgling product — into a mainstream hit.</p><p>Investors and analysts applauded the move, which lets Apple avoid an electric-vehicle market that’s grown more perilous in recent months. Shifting resources toward generative AI is the right call “given the long-term profitability potential of AI revenue streams versus cars,” Bloomberg Intelligence analysts Anurag Rana and Andrew Girard said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7142169b55a8966bbc8840eb165a8e91\" tg-width=\"760\" tg-height=\"438\"/></p><p>But the decision also eliminates a future revenue source at a time when Apple has been struggling to maintain growth. Though the company managed to pull out of a sales slump last quarter, it warned that the current period will be sluggish again. The Vision Pro just launched this month and isn’t expected to be a major contributor to growth for years, if ever.</p><p>With a car, profit margins would have been slim but the revenue potential was massive. The idea was long touted as one of Apple’s famous “next big things” and could have more firmly locked consumers into the company’s ecosystem. Tesla Inc., which led the EV revolution in the US, generated nearly $100 billion in revenue last year. Furthermore, tech giants like Alphabet Inc. and Chinese rivals remain focused on cars.</p><p>Apple’s decadelong car effort, known as Project Titan, also was an AI challenge in itself. Apple attempted to build an artificial intelligence system that was powerful and energy-efficient enough to make a car fully autonomous.</p><p>With that off the table, Apple can concentrate on applying AI to its current products, including the iPhone and iPad, and avoid falling further behind tech peers like Alphabet’s Google, Amazon.com Inc. and Microsoft Corp.</p><p>Apple is planning to reveal new AI capabilities, including more automated tools for software development and features for summarizing news articles, at its conference for developers in June. The first new features are planned for iOS 18, which will be released around September alongside the next iPhones, Bloomberg News has reported.</p><p>Those efforts now have fresh recruits, thanks to the winding down of the car endeavor — known as the Special Projects Group, or SPG. The company will relocate about a third of the vehicle team to other divisions.</p><p>Meanwhile, hundreds of people working on autonomous driving hardware, car interiors and exteriors, and vehicle electronics will need to seek new jobs inside the company. If they can’t find roles, they’ll be laid off. And some employees have already been informed that they’ll be heading for the exits.</p><p>Three main groups within SPG — a software team based in Ottawa under executive Dan Dodge; a cloud engineering and software group under Libo Meyers; and a software project management team under Vera Carr — will be shifted to Craig Federighi’s software department to work on Apple’s main operating systems.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/288c5fcb5164c159f37cfa6e9122d06c\" tg-width=\"717\" tg-height=\"427\"/></p><p>Apple’s artificial intelligence team for the car, which had been reporting to Stuart Bowers, will be shifted to work on generative AI in John Giannandrea’s machine learning division. Some of the car talent could also apply their skills to the Vision Pro. That product has many features, including the ability to create a virtual representation of its wearer, that rely on artificial intelligence.</p><p>The big question is how soon AI might make serious money for Apple. It’s unlikely that the company will have a full-scale AI lineup of applications and features for a few years. And Apple’s penchant for user privacy could make it challenging to compete aggressively in the market.</p><p>For now, Apple will continue to make most of its money from hardware. The iPhone alone accounts for about half its revenue. So AI’s biggest potential in the near term will be its ability to sell iPhones, iPads and other devices.</p><p>As for the Vision Pro, which melds virtual and augmented reality, that too is years away from being a major moneymaker. The immersive technology has thrilled some early adopters, but the first version of the device remains too cumbersome and costly. Even if it sells a few million units a year, the $3,500 headset will only be a small percentage of Apple’s nearly $400 billion annual revenue total.</p><p>The company is exploring other big ideas, including lighter-weight AR glasses, new smart-home devices and AirPods with cameras. But it will take years to tell whether a range of smaller products can replace what would have been Apple’s biggest: a car.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Apple's Scrapped Car Project Means AI and Headset Bets Are More Urgent</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\">\nApple's Scrapped Car Project Means AI and Headset Bets Are More Urgent\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-28 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-02-28/apple-cancels-its-electric-car-in-favor-of-ai-vision-pro?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company needs to restart search for next blockbuster productAlphabet and Chinese rivals still focused on automotive marketIn abandoning plans for a self-driving car, Apple Inc. is giving up on ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-28/apple-cancels-its-electric-car-in-favor-of-ai-vision-pro?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-28/apple-cancels-its-electric-car-in-favor-of-ai-vision-pro?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190525462","content_text":"Company needs to restart search for next blockbuster productAlphabet and Chinese rivals still focused on automotive marketIn abandoning plans for a self-driving car, Apple Inc. is giving up on billions in potential revenue and the dream of selling what one executive called “the ultimate mobile device.” The hope is that other big bets — including generative AI and mixed-reality headsets — can make up the difference.Apple reached this crossroads Tuesday, when it told employees it was winding down the car project and reassigned some of the staff to its AI efforts. The decision followed months of frenzied meetings between top executives and the company’s board over how to proceed. Chief Operating Officer Jeff Williams and project head Kevin Lynch broke the news to the roughly 2,000-member team during a meeting that lasted less than 15 minutes.The upshot: Apple’s future isn’t going to hinge on selling $100,000 cars with self-driving features. Instead, it will focus on catching up with rivals in the generative AI industry, where chatbots from OpenAI and Google have captured the imagination of consumers and investors. The shift also lets Apple concentrate on turning the Vision Pro headset — still a fledgling product — into a mainstream hit.Investors and analysts applauded the move, which lets Apple avoid an electric-vehicle market that’s grown more perilous in recent months. Shifting resources toward generative AI is the right call “given the long-term profitability potential of AI revenue streams versus cars,” Bloomberg Intelligence analysts Anurag Rana and Andrew Girard said.But the decision also eliminates a future revenue source at a time when Apple has been struggling to maintain growth. Though the company managed to pull out of a sales slump last quarter, it warned that the current period will be sluggish again. The Vision Pro just launched this month and isn’t expected to be a major contributor to growth for years, if ever.With a car, profit margins would have been slim but the revenue potential was massive. The idea was long touted as one of Apple’s famous “next big things” and could have more firmly locked consumers into the company’s ecosystem. Tesla Inc., which led the EV revolution in the US, generated nearly $100 billion in revenue last year. Furthermore, tech giants like Alphabet Inc. and Chinese rivals remain focused on cars.Apple’s decadelong car effort, known as Project Titan, also was an AI challenge in itself. Apple attempted to build an artificial intelligence system that was powerful and energy-efficient enough to make a car fully autonomous.With that off the table, Apple can concentrate on applying AI to its current products, including the iPhone and iPad, and avoid falling further behind tech peers like Alphabet’s Google, Amazon.com Inc. and Microsoft Corp.Apple is planning to reveal new AI capabilities, including more automated tools for software development and features for summarizing news articles, at its conference for developers in June. The first new features are planned for iOS 18, which will be released around September alongside the next iPhones, Bloomberg News has reported.Those efforts now have fresh recruits, thanks to the winding down of the car endeavor — known as the Special Projects Group, or SPG. The company will relocate about a third of the vehicle team to other divisions.Meanwhile, hundreds of people working on autonomous driving hardware, car interiors and exteriors, and vehicle electronics will need to seek new jobs inside the company. If they can’t find roles, they’ll be laid off. And some employees have already been informed that they’ll be heading for the exits.Three main groups within SPG — a software team based in Ottawa under executive Dan Dodge; a cloud engineering and software group under Libo Meyers; and a software project management team under Vera Carr — will be shifted to Craig Federighi’s software department to work on Apple’s main operating systems.Apple’s artificial intelligence team for the car, which had been reporting to Stuart Bowers, will be shifted to work on generative AI in John Giannandrea’s machine learning division. Some of the car talent could also apply their skills to the Vision Pro. That product has many features, including the ability to create a virtual representation of its wearer, that rely on artificial intelligence.The big question is how soon AI might make serious money for Apple. It’s unlikely that the company will have a full-scale AI lineup of applications and features for a few years. And Apple’s penchant for user privacy could make it challenging to compete aggressively in the market.For now, Apple will continue to make most of its money from hardware. The iPhone alone accounts for about half its revenue. So AI’s biggest potential in the near term will be its ability to sell iPhones, iPads and other devices.As for the Vision Pro, which melds virtual and augmented reality, that too is years away from being a major moneymaker. The immersive technology has thrilled some early adopters, but the first version of the device remains too cumbersome and costly. Even if it sells a few million units a year, the $3,500 headset will only be a small percentage of Apple’s nearly $400 billion annual revenue total.The company is exploring other big ideas, including lighter-weight AR glasses, new smart-home devices and AirPods with cameras. But it will take years to tell whether a range of smaller products can replace what would have been Apple’s biggest: a car.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":278886973104280,"gmtCreate":1709109242843,"gmtModify":1709109248327,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Too much hype around SoundHound&nbsp;","listText":"Too much hype around SoundHound&nbsp;","text":"Too much hype around SoundHound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/278886973104280","repostId":"2414929386","repostType":2,"repost":{"id":"2414929386","pubTimestamp":1709108100,"share":"https://www.laohu8.com/m/news/2414929386?lang=&edition=full","pubTime":"2024-02-28 16:15","market":"us","language":"en","title":"SoundHound AI: Too Much AI Hype Heading Into Q4 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2414929386","media":"Seeking Alpha","summary":"SoftBank and Nvidia have made small investments in SoundHound AI, bringing attention to the company and causing its stock to soar.The voice AI company is entering Q4 '23 earnings with high expectation","content":"<html><head></head><body><ul style=\"\"><li><p>SoftBank and Nvidia have made small investments in SoundHound AI, bringing attention to the company and causing its stock to soar.</p></li><li><p>The voice AI company is entering Q4 &#39;23 earnings with high expectations, but needs to prove its ability to execute the business plan.</p></li><li><p>SOUN stock has soared above $7, pushing the market cap to nearly $2 billion for a company with 2024 consensus sales targets of only $69 million.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1976d16659ec96225b562d4af59ce9cc\" alt=\"AndreyPopov/iStock via Getty Images\" title=\"AndreyPopov/iStock via Getty Images\" tg-width=\"750\" tg-height=\"500\"/><span>AndreyPopov/iStock via Getty Images</span></p><p><strong><a href=\"https://laohu8.com/S/SOUNW\">SoundHound AI, Inc.</a></strong> (NASDAQ:SOUN) is one of the prime go to artificial intelligence (&#34;AI&#34;) stocks to play the volatile AI boom. The company is more than just a company with &#34;AI&#34; in the name, but the voice AI stock probably doesn&#39;t warrant the recent massive rally. My investment thesis is more Neutral on the stock following the massive rally above $7.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc536aaa04632424cd435ff36866ed62\" alt=\"Source: Finviz\" title=\"Source: Finviz\" tg-width=\"996\" tg-height=\"442\"/><span>Source: Finviz</span></p><h2 id=\"id_163786027\">Big Investors Of SoundHound AI</h2><p>In a surprise move, <strong>SoftBank Group</strong> (OTCPK:SFTBY) apparently bought 1.1 million shares of SoundHound AI for a minimal investment of $2.3 million. Even after the big rally, the investment is only worth $7.5 million.</p><p>The investment is minuscule for an investment firm with billions of dollars in investments. The big rally is likely a bet on SoftBank making a larger investment.</p><p>At the same time, the news reported <strong>Nvidia</strong> (NVDA) took an investment in SoundHound AI. The chip company apparently invested in the voice AI company back during an investment round in 2017 and acquired another 1.73 million shares at a later date, but the investment was apparently reported now due to the Nvidia venture fund crossing the threshold for officially reporting holdings.</p><p>Either way, neither investment by SoftBank or Nvidia is material. Regardless, the small investments by these influential companies has brought massive attention to SoundHound AI and their AI products leading to the stock soaring to $7.</p><h3 id=\"id_3942697654\">SoundHound Has Lots To Prove</h3><p>SoundHound AI enters Q4 &#39;23 earnings after the market close on February 29 with investors having big expectations for the voice AI company. In the past, the company has disappointed the market over and over with the failure to report material upsides to expectations for accelerating growth.</p><p>The consensus analysts estimates are for SoundHound AI to report the following numbers for Q4:</p><ul style=\"\"><li><p>EPS -$0.06</p></li><li><p>Revenue of $17.75M (86.8% YoY).</p></li></ul><p>The real key is the guidance for 2024 and how quickly the opportunity in voice AI ordering for restaurants ramps up. SoundHound AI discussed the opportunity ahead after acquiring SYNQ3 with 100,000 restaurants in the pipeline for the AI ordering product and 10,000 already signed.</p><p>Management never provided complete guidance of the run rate opportunity with the SYNQ3 business, but the company guided towards the SoundHound AI order book being worth $25 million. The natural implication was a $50+ million ARR opportunity on the 10,000 signed restaurants for a company with a revenue base of only $50 million based on Q3&#39;23 revenues of $13 million.</p><p>This issue is that SoundHound AI needs to prove how the restaurant ordering revenue opportunity can quickly expand to the predicted $1 billion potential. The company lists 100,000 restaurants in the pipeline, but the current consensus revenue targets don&#39;t add up to 10x the ARR opportunity. The space is not void of competitors, with Wendy&#39;s long suggesting a test run with <strong>Google</strong> (GOOG) and the dynamic nature of AI suggesting a quick market implementation of this technology over the next couple of years.</p><p>In addition to the voice AI ordering product for restaurants, SoundHound AI is heavily involved with automotive voice AI products. The company has a large cumulative bookings backlog of $342 million for this sector based on deals averaging 6.5 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3b0158d4644dc60faf5139c26447bae\" alt=\"Source: SoundHound AI Q3&#39;23 presentation\" title=\"Source: SoundHound AI Q3&#39;23 presentation\" tg-width=\"640\" tg-height=\"358\"/><span>Source: SoundHound AI Q3&#39;23 presentation</span></p><p>The company forecasts current customer auto unit penetration is only 1% to 2% with a goal of moving to over 30% unit penetration by 2026. SoundHound AI already has a large built up growth rate from the automotive business, so any growth from AI restaurant ordering should lead to substantial growth.</p><p>While the AI restaurant ordering product and vehicle AI chat product offer a lot of promise, SoundHound AI only forecast Q4 &#39;23 revenues of $16 to $20 million. The consensus estimates forecast revenues dipping below $12 million in the current quarter and not really topping the Q4 &#39;23 revenue total until reporting over $24 million in Q4 &#39;24.</p><p>The stock has soared above $7 on the excitement in the AI sector. SoundHound AI now has a market cap approaching $2 billion with meager revenues of $69 million forecast for 2024. The company has no history of smashing estimates, so investors need to prepare for a potentially disappointing quarterly report with a lot of new investors snapping up the stock above $5 likely expecting blowout numbers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78bdaf143cfa1413c1fb85895f531d18\" alt=\"Source: Seeking Alpha\" title=\"Source: Seeking Alpha\" tg-width=\"640\" tg-height=\"220\"/><span>Source: Seeking Alpha</span></p><p>The company raised a lot of cash back in 2023. SoundHound AI had a cash balance of $110 million at the end of September, so the company doesn&#39;t need the cash, but more capital could help the voice AI business expand faster.</p><p>Investors should not be shocked by any attempt to raise cash with the stock soaring. SoundHound AI burned $54 million in cash from operations YTD through September, and the goal to be adjusted EBITDA positive in Q4 &#39;23 will limit cash burn in the last quarter, but the guidance for sequential revenues declines in the 1H&#39;24 should lead to more cash burn in the short term.</p><h2 id=\"id_72042957\">Takeaway</h2><p>The key investor takeaway is that SoundHound AI, Inc. appears to have a bright future, but the recent stock rally is pricing any too much hype in the near term. The voice AI company still needs to prove the ability to execute the business plan to warrant the current rally, much less reward shareholders with a higher stock price above $7.</p><p>Editor&#39;s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"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>SoundHound AI: Too Much AI Hype Heading Into Q4 Earnings</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; 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}\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\">\nSoundHound AI: Too Much AI Hype Heading Into Q4 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-28 16:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4673818-soundhound-too-much-ai-hype-heading-into-q4-earnings-rating-downgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoftBank and Nvidia have made small investments in SoundHound AI, bringing attention to the company and causing its stock to soar.The voice AI company is entering Q4 '23 earnings with high ...</p>\n\n<a href=\"https://seekingalpha.com/article/4673818-soundhound-too-much-ai-hype-heading-into-q4-earnings-rating-downgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4592":"伊斯兰概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0079474960.USD":"联博美国增长基金A","LU0056508442.USD":"贝莱德世界科技基金A2","LU0080751232.USD":"富达环球多元动力基金A","BK4567":"ESG概念","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4576":"AR","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4566":"资本集团","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4132":"无线电信业务","BK4543":"AI","SOUN":"SoundHound AI Inc","BK4579":"人工智能","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","BK4574":"无人驾驶","LU0861579265.USD":"联博低波幅策略股票基金A","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4573":"虚拟现实","BK4561":"索罗斯持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4581":"高盛持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD"},"source_url":"https://seekingalpha.com/article/4673818-soundhound-too-much-ai-hype-heading-into-q4-earnings-rating-downgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2414929386","content_text":"SoftBank and Nvidia have made small investments in SoundHound AI, bringing attention to the company and causing its stock to soar.The voice AI company is entering Q4 '23 earnings with high expectations, but needs to prove its ability to execute the business plan.SOUN stock has soared above $7, pushing the market cap to nearly $2 billion for a company with 2024 consensus sales targets of only $69 million.AndreyPopov/iStock via Getty ImagesSoundHound AI, Inc. (NASDAQ:SOUN) is one of the prime go to artificial intelligence (\"AI\") stocks to play the volatile AI boom. The company is more than just a company with \"AI\" in the name, but the voice AI stock probably doesn't warrant the recent massive rally. My investment thesis is more Neutral on the stock following the massive rally above $7.Source: FinvizBig Investors Of SoundHound AIIn a surprise move, SoftBank Group (OTCPK:SFTBY) apparently bought 1.1 million shares of SoundHound AI for a minimal investment of $2.3 million. Even after the big rally, the investment is only worth $7.5 million.The investment is minuscule for an investment firm with billions of dollars in investments. The big rally is likely a bet on SoftBank making a larger investment.At the same time, the news reported Nvidia (NVDA) took an investment in SoundHound AI. The chip company apparently invested in the voice AI company back during an investment round in 2017 and acquired another 1.73 million shares at a later date, but the investment was apparently reported now due to the Nvidia venture fund crossing the threshold for officially reporting holdings.Either way, neither investment by SoftBank or Nvidia is material. Regardless, the small investments by these influential companies has brought massive attention to SoundHound AI and their AI products leading to the stock soaring to $7.SoundHound Has Lots To ProveSoundHound AI enters Q4 '23 earnings after the market close on February 29 with investors having big expectations for the voice AI company. In the past, the company has disappointed the market over and over with the failure to report material upsides to expectations for accelerating growth.The consensus analysts estimates are for SoundHound AI to report the following numbers for Q4:EPS -$0.06Revenue of $17.75M (86.8% YoY).The real key is the guidance for 2024 and how quickly the opportunity in voice AI ordering for restaurants ramps up. SoundHound AI discussed the opportunity ahead after acquiring SYNQ3 with 100,000 restaurants in the pipeline for the AI ordering product and 10,000 already signed.Management never provided complete guidance of the run rate opportunity with the SYNQ3 business, but the company guided towards the SoundHound AI order book being worth $25 million. The natural implication was a $50+ million ARR opportunity on the 10,000 signed restaurants for a company with a revenue base of only $50 million based on Q3'23 revenues of $13 million.This issue is that SoundHound AI needs to prove how the restaurant ordering revenue opportunity can quickly expand to the predicted $1 billion potential. The company lists 100,000 restaurants in the pipeline, but the current consensus revenue targets don't add up to 10x the ARR opportunity. The space is not void of competitors, with Wendy's long suggesting a test run with Google (GOOG) and the dynamic nature of AI suggesting a quick market implementation of this technology over the next couple of years.In addition to the voice AI ordering product for restaurants, SoundHound AI is heavily involved with automotive voice AI products. The company has a large cumulative bookings backlog of $342 million for this sector based on deals averaging 6.5 years.Source: SoundHound AI Q3'23 presentationThe company forecasts current customer auto unit penetration is only 1% to 2% with a goal of moving to over 30% unit penetration by 2026. SoundHound AI already has a large built up growth rate from the automotive business, so any growth from AI restaurant ordering should lead to substantial growth.While the AI restaurant ordering product and vehicle AI chat product offer a lot of promise, SoundHound AI only forecast Q4 '23 revenues of $16 to $20 million. The consensus estimates forecast revenues dipping below $12 million in the current quarter and not really topping the Q4 '23 revenue total until reporting over $24 million in Q4 '24.The stock has soared above $7 on the excitement in the AI sector. SoundHound AI now has a market cap approaching $2 billion with meager revenues of $69 million forecast for 2024. The company has no history of smashing estimates, so investors need to prepare for a potentially disappointing quarterly report with a lot of new investors snapping up the stock above $5 likely expecting blowout numbers.Source: Seeking AlphaThe company raised a lot of cash back in 2023. SoundHound AI had a cash balance of $110 million at the end of September, so the company doesn't need the cash, but more capital could help the voice AI business expand faster.Investors should not be shocked by any attempt to raise cash with the stock soaring. SoundHound AI burned $54 million in cash from operations YTD through September, and the goal to be adjusted EBITDA positive in Q4 '23 will limit cash burn in the last quarter, but the guidance for sequential revenues declines in the 1H'24 should lead to more cash burn in the short term.TakeawayThe key investor takeaway is that SoundHound AI, Inc. appears to have a bright future, but the recent stock rally is pricing any too much hype in the near term. The voice AI company still needs to prove the ability to execute the business plan to warrant the current rally, much less reward shareholders with a higher stock price above $7.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":253799196557504,"gmtCreate":1702981734231,"gmtModify":1702982028031,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"","listText":"","text":"","images":[{"img":"https://community-static.tradeup.com/news/99c3ef94a53f670d2c01a22342f5a58a","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/253799196557504","isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":246855328075888,"gmtCreate":1701288718531,"gmtModify":1701288723179,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246855328075888","repostId":"2386159325","repostType":2,"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":242424417325168,"gmtCreate":1700222801651,"gmtModify":1700222806576,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/242424417325168","repostId":"2384353465","repostType":4,"repost":{"id":"2384353465","pubTimestamp":1700220845,"share":"https://www.laohu8.com/m/news/2384353465?lang=&edition=full","pubTime":"2023-11-17 19:34","market":"us","language":"en","title":"Palantir Could Be One Of The Few Deals Of The Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2384353465","media":"seekingalpha","summary":"Palantir has exhibited robust financial growth over the past six years, with an impressive average revenue growth rate of approximately 42.81%, indicating a strong and expanding market presence.The co","content":"<html><head></head><body><ul style=\"\"><li><p>Palantir has exhibited robust financial growth over the past six years, with an impressive average revenue growth rate of approximately 42.81%, indicating a strong and expanding market presence.</p></li><li><p>The company&#39;s operational profitability is evident through significant margin expansion, supported by a robust balance sheet with $3.2 billion in cash reserves and no long-term debt.</p></li><li><p>Effective financial management is highlighted by positive cash flows of $465 million and a 21.9% free cash flow margin.</p></li><li><p>The most conservative model suggests solid annual returns of 18.6%, supporting a &#34;strong buy&#34; rating.</p></li><li><p>Despite the positive outlook, investors should be cautious of potential risks associated with analysts&#39; reliance on non-GAAP metrics.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcf1a47ec8d895a7f04950b0fff5e9ed\" tg-width=\"750\" tg-height=\"500\"/></p><p>Drew Angerer</p><p></p><h2 id=\"id_3541888975\">Thesis</h2><p>In this analysis of Palantir Technologies, Inc. (NYSE:PLTR), I will elucidate the compelling reasons why Palantir remains a &#34;strong buy&#34; even after experiencing a substantial rally of over 169%. According to my calculations, should analysts&#39; estimates materialize, the stock has the potential to ascend to $49.6, reflecting a significant upside. In light of this, I undertook a secondary model, revealing that while Palantir may be slightly overvalued (by 3.4%), it still holds the potential to yield annual returns of up to 18%. Consequently, considering these factors, I have determined to categorize Palantir as a &#34;strong buy.&#34;</p><h2 id=\"id_2285620841\">Overview</h2><p>Palantir, a prominent software development company, specializes in data analytics. This entails the creation of software designed to analyze vast datasets, extracting valuable insights that can inform decision-making processes. There are even myths extending to events such as the assassination of Osama bin Laden and the exposure of Bernie Madoff&#39;s Ponzi scheme.</p><p>Palantir boasts a diverse product portfolio comprising Gotham, Foundry, Apollo, and the newly introduced AIP. The functionality of each segment will be expounded upon in the following sections.</p><h4 id=\"id_1494208515\">Gotham</h4><p>Gotham stands as a powerful tool designed to unveil concealed patterns within diverse datasets, spanning from signals intelligence to confidential informant reports. Its primary objective is to empower users in identifying potential threats, fostering collaboration among analysts and operational personnel, and aiding in the strategic planning and execution of real-world responses. Gotham has garnered widespread adoption across various government functions and has found practical applications in the commercial realm, particularly within the financial services industry for the investigation of fraud cases.</p><h4 id=\"id_4086918724\">Foundry</h4><p>In contrast, Foundry serves as the central operating system for data, with the overarching goal of transforming organizational operations. It provides individual users with a unified platform to seamlessly integrate and analyze data, emphasizing speed for experimenting and testing new ideas. Foundry addresses common challenges encountered in data projects by offering a user-friendly backend for constructing data pipelines, featuring a graphical interface that enhances tracking and tracing for improved comprehension.</p><h4 id=\"id_1384189935\">Apollo</h4><p>Originally developed to facilitate continuous software delivery across a spectrum of environments-be it cloud, on-premises, or rugged settings-Apollo focuses on expediting secure software deployment and updates within businesses. In 2021, Apollo was introduced as a commercial solution, enabling customers to securely deploy their software in diverse environments. Serving as a centralized control layer, Apollo orchestrates the continuous delivery of features, security updates, and platform configurations, providing a comprehensive solution for businesses seeking efficient and secure software management.</p><h4 id=\"id_1102424001\">AIP</h4><p>Finally, the latest addition to Palantir&#39;s suite is Palantir AIP, unveiled in August 2023. This innovative product is essentially a large language model that allows clients to pose questions and receive automated responses from the AI. Users can access this cutting-edge tool directly through the user portal, showcasing Palantir&#39;s commitment to advancing technological solutions and enhancing user interaction with artificial intelligence.</p><h4 id=\"id_3468642746\">Market</h4><p>Data analytics, as its name suggests, involves the processing of large quantities of both structured and unstructured data with the goal of extracting valuable insights. These insights, in turn, serve as a foundation for making informed and critical decisions.</p><p>The data analytics market is poised for substantial growth, with an anticipated CAGR of 18.77% from 2023 to 2029. During this period, the market is projected to achieve a remarkable valuation of $655.53 billion. This robust growth underscores the increasing significance of data analytics in shaping strategic decision-making processes across various industries.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0dc6740f8f05ff0814d8b13628695be3\" tg-width=\"640\" tg-height=\"471\"/></p><p>Statista</p><p></p><h2 id=\"id_310201658\">Financials (In millions of USD unless stated otherwise)</h2><p><strong>Palantir&#39;s Financial Performance:</strong> Over the past six years, Palantir has experienced remarkable growth, with an impressive average revenue growth rate of approximately 42.81%. Concurrently, its net income has demonstrated a not huge but still decent growth trajectory at around 12%. The company on the brink of a full year of GAAP profitability.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eed6a73411e9bf6f1ab1b068b3c2787e\" tg-width=\"640\" tg-height=\"389\"/></p><p>Author&#39;s Calculations</p><p></p><p><strong>Profitability Metrics:</strong> Palantir&#39;s margins have witnessed substantial expansion, signifying the company&#39;s operational profitability. Notably, the operating margin currently indicates a profitable operation. However, it&#39;s noteworthy that the margins don&#39;t align with typical figures for companies primarily engaged in software development, which generally hover around 20% or more. Presently, the net income margin is at -6.93%, while the operating margin stands at 1.71%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3331acaea38464c8addf109aa9dcad75\" tg-width=\"640\" tg-height=\"388\"/></p><p>Author&#39;s Calculations</p><p></p><p><strong>Balance Sheet Strength:</strong> Palantir boasts a robust balance sheet, highlighted by substantial cash reserves totaling $3.2 billion and an absence of long-term debt. This financial strength positions Palantir favorably, allowing for potential debt issuance without compromising the integrity of its balance sheet, a crucial factor in navigating challenging economic scenarios.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1aab4b16d4e137c577568767a768961\" tg-width=\"640\" tg-height=\"391\"/></p><p>Author&#39;s Calculations</p><p></p><p><strong>Cash Flow and Free Cash Flow Margin:</strong> Palantir currently generates positive cash flows, amounting to $465 million. The free cash flow margin stands at a commendable 21.9%, indicating efficient management of cash resources. This positive cash flow is reflected in the &#34;free cash flow components&#34; table, showcasing an increase in cash from operations, a metric indicative of sustainable and genuine growth, as opposed to aggressive cost-cutting measures.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/91ac54b5a83536665eac21bcc8e99e93\" tg-width=\"640\" tg-height=\"371\"/></p><p>Author&#39;s Calculations</p><p></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/104e939fe1405860d7659810e505ad57\" tg-width=\"640\" tg-height=\"384\"/></p><p>Author&#39;s Calculations</p><p></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3255e9e668cc01b2db9da8f4ac618f1e\" tg-width=\"640\" tg-height=\"359\"/></p><p>Author&#39;s Calculations</p><p></p><p><strong>Overall Financial Health:</strong> In summary, Palantir&#39;s financial health is robust, underscored by its positive cash flows, strong balance sheet, and a trajectory towards turning negative net income into positive figures. This positive shift is anticipated to further enhance Palantir&#39;s overall financial standing.</p><h2 id=\"id_2348938912\">Valuation (In millions of USD unless stated otherwise)</h2><p>In this valuation assessment, two DCF models will be employed. The first model integrates analysts&#39; revenue and EPS estimates for FY 2024 and FY 2025, along with the anticipated 5-year EPS growth rate and expected revenue growth rate. The second model operates on the assumption that Palantir could grow at the projected rate of the data analytics market, which stands at an impressive 18.77%.</p><p>The table below outlines all the variables necessary for calculating the WACC. Additionally, the CapEx, Depreciation &amp; Amortization (D&amp;A), and Interest expenses are computed using margins linked to revenue.</p><table style=\"border-collapse:collapse;\"><colgroup><col/><col/></colgroup><tbody><tr><td colspan=\"2\" style=\"text-align:left;\"><p>TABLE OF ASSUMPTIONS</p></td></tr><tr><td style=\"text-align:left;\"><p>(Current data)</p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>Assumptions Part 1</p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>Equity Value</p></td><td style=\"text-align:left;\"><p>3,190.00</p></td></tr><tr><td style=\"text-align:left;\"><p>Debt Value</p></td><td style=\"text-align:left;\"><p>236.30</p></td></tr><tr><td style=\"text-align:left;\"><p>Cost of Debt</p></td><td style=\"text-align:left;\"><p>2.12%</p></td></tr><tr><td style=\"text-align:left;\"><p>Tax Rate</p></td><td style=\"text-align:left;\"><p>21.00%</p></td></tr><tr><td style=\"text-align:left;\"><p>10y Treasury</p></td><td style=\"text-align:left;\"><p>4.80%</p></td></tr><tr><td style=\"text-align:left;\"><p>Beta</p></td><td style=\"text-align:left;\"><p>1.88</p></td></tr><tr><td style=\"text-align:left;\"><p>Market Return</p></td><td style=\"text-align:left;\"><p>10.50%</p></td></tr><tr><td style=\"text-align:left;\"><p>Cost of Equity</p></td><td style=\"text-align:left;\"><p>15.52%</p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>Assumptions Part 2</p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>EBIT</p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>Tax</p></td><td style=\"text-align:left;\"><p>14.70</p></td></tr><tr><td style=\"text-align:left;\"><p>D&amp;A</p></td><td style=\"text-align:left;\"><p>32.80</p></td></tr><tr><td style=\"text-align:left;\"><p>CapEx</p></td><td style=\"text-align:left;\"><p>15.20</p></td></tr><tr><td style=\"text-align:left;\"><p>Capex Margin</p></td><td style=\"text-align:left;\"><p>0.72%</p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>Assumption Part 3</p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>Net Income</p></td><td style=\"text-align:left;\"><p>-147.30</p></td></tr><tr><td style=\"text-align:left;\"><p>Interest</p></td><td style=\"text-align:left;\"><p>5.00</p></td></tr><tr><td style=\"text-align:left;\"><p>Tax</p></td><td style=\"text-align:left;\"><p>14.70</p></td></tr><tr><td style=\"text-align:left;\"><p>D&amp;A</p></td><td style=\"text-align:left;\"><p>32.80</p></td></tr><tr><td style=\"text-align:left;\"><p>Ebitda</p></td><td style=\"text-align:left;\"><p>-94.80</p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td></tr><tr><td style=\"text-align:left;\"><p>D&amp;A Margin</p></td><td style=\"text-align:left;\"><p>1.54%</p></td></tr><tr><td style=\"text-align:left;\"><p>Interest Expense Margin</p></td><td style=\"text-align:left;\"><p>0.24%</p></td></tr><tr><td style=\"text-align:left;\"><p>Revenue</p></td><td style=\"text-align:left;\"><p>2,125.3</p></td></tr></tbody></table><p>Click to enlarge</p><h4 id=\"id_4047198943\">Analysts&#39; Estimates</h4><p>In this valuation model, the primary objective is to ascertain Palantir&#39;s fair value by considering analysts&#39; EPS targets for FY 2023 and FY 2024, which are set at $675.48 million and $783.56 million, respectively. These values are derived by multiplying the EPS targets of $0.25 and $0.29 by the 2.233 billion shares outstanding.</p><p>Additionally, analysts project a 3-5 year EPS growth of approximately 71.90%, which will be utilized to calculate the net income for the period spanning 2025 to 2028.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/486a7293c61671d9241aadd523d2afb5\" tg-width=\"640\" tg-height=\"320\"/></p><p>Seeking Alpha</p><p></p><table style=\"border-collapse:collapse;\"><colgroup><col/><col/><col/><col/><col/></colgroup><tbody><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p>Net Income</p></td><td style=\"text-align:left;\"><p>Plus Taxes</p></td><td style=\"text-align:left;\"><p>Plus D&amp;A</p></td><td style=\"text-align:left;\"><p>Plus Interest</p></td></tr><tr><td style=\"text-align:left;\"><p>2023</p></td><td style=\"text-align:left;\"><p>$558.25</p></td><td style=\"text-align:left;\"><p>$675.48</p></td><td style=\"text-align:left;\"><p>$709.77</p></td><td style=\"text-align:left;\"><p>$715.00</p></td></tr><tr><td style=\"text-align:left;\"><p>2024</p></td><td style=\"text-align:left;\"><p>$647.57</p></td><td style=\"text-align:left;\"><p>$783.56</p></td><td style=\"text-align:left;\"><p>$817.85</p></td><td style=\"text-align:left;\"><p>$823.08</p></td></tr><tr><td style=\"text-align:left;\"><p>2025</p></td><td style=\"text-align:left;\"><p>$1,113.17</p></td><td style=\"text-align:left;\"><p>$1,346.94</p></td><td style=\"text-align:left;\"><p>$1,395.96</p></td><td style=\"text-align:left;\"><p>$1,403.43</p></td></tr><tr><td style=\"text-align:left;\"><p>2026</p></td><td style=\"text-align:left;\"><p>$1,913.54</p></td><td style=\"text-align:left;\"><p>$2,315.39</p></td><td style=\"text-align:left;\"><p>$2,374.13</p></td><td style=\"text-align:left;\"><p>$2,383.09</p></td></tr><tr><td style=\"text-align:left;\"><p>2027</p></td><td style=\"text-align:left;\"><p>$3,289.38</p></td><td style=\"text-align:left;\"><p>$3,980.15</p></td><td style=\"text-align:left;\"><p>$4,050.56</p></td><td style=\"text-align:left;\"><p>$4,061.29</p></td></tr><tr><td style=\"text-align:left;\"><p>2028</p></td><td style=\"text-align:left;\"><p>$5,654.45</p></td><td style=\"text-align:left;\"><p>$6,841.88</p></td><td style=\"text-align:left;\"><p>$6,926.26</p></td><td style=\"text-align:left;\"><p>$6,939.13</p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p>^Final EBITA^</p></td></tr></tbody></table><p>Click to enlarge</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d34ee954444ba011d0e727ffb9fd4622\" tg-width=\"640\" tg-height=\"706\"/></p><p>Author&#39;s Calculations</p><p></p><p>According to this model, Palantir presents a substantial upside potential of up to 154.5%, an impressive figure. The calculated fair value stands at $49.6, surpassing even the all-time high of $35.18 recorded in January 2021.</p><p>The model further suggests that the stock could potentially reach a price of $107.2 by 2028, implying annual returns in the order of 90.15%. It is worth noting that this valuation may attract skepticism, given the seemingly optimistic projection that appears extraordinary in real-world terms.</p><h4 id=\"id_2309872788\">My Estimates</h4><p>In this second, more conservative model, the focus is on projecting Palantir&#39;s revenue growth to align with that of the data analytics market, standing at 18.77%.</p><p>The table below outlines all the essential variables required for calculating EBITDA. Net income is calculated using a net income margin of 43%, tethered to revenue, implying that net income will also grow at a rate of 18.77%.</p><table style=\"border-collapse:collapse;\"><colgroup><col/><col/><col/><col/><col/><col/></colgroup><tbody><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p>Revenue</p></td><td style=\"text-align:left;\"><p>Net Income</p></td><td style=\"text-align:left;\"><p>Plus Taxes</p></td><td style=\"text-align:left;\"><p>Plus D&amp;A</p></td><td style=\"text-align:left;\"><p>Plus Interest</p></td></tr><tr><td style=\"text-align:left;\"><p>2023</p></td><td style=\"text-align:left;\"><p>$2,222.0</p></td><td style=\"text-align:left;\"><p>$675.48</p></td><td style=\"text-align:left;\"><p>$817.33</p></td><td style=\"text-align:left;\"><p>$851.62</p></td><td style=\"text-align:left;\"><p>$856.85</p></td></tr><tr><td style=\"text-align:left;\"><p>2024</p></td><td style=\"text-align:left;\"><p>$2,650.0</p></td><td style=\"text-align:left;\"><p>$783.56</p></td><td style=\"text-align:left;\"><p>$948.11</p></td><td style=\"text-align:left;\"><p>$982.40</p></td><td style=\"text-align:left;\"><p>$987.63</p></td></tr><tr><td style=\"text-align:left;\"><p>2025</p></td><td style=\"text-align:left;\"><p>$2,992.1</p></td><td style=\"text-align:left;\"><p>$1,286.61</p></td><td style=\"text-align:left;\"><p>$1,556.80</p></td><td style=\"text-align:left;\"><p>$1,602.98</p></td><td style=\"text-align:left;\"><p>$1,610.01</p></td></tr><tr><td style=\"text-align:left;\"><p>2026</p></td><td style=\"text-align:left;\"><p>$3,378.4</p></td><td style=\"text-align:left;\"><p>$1,452.71</p></td><td style=\"text-align:left;\"><p>$1,757.78</p></td><td style=\"text-align:left;\"><p>$1,809.92</p></td><td style=\"text-align:left;\"><p>$1,817.87</p></td></tr><tr><td style=\"text-align:left;\"><p>2027</p></td><td style=\"text-align:left;\"><p>$3,814.5</p></td><td style=\"text-align:left;\"><p>$1,640.26</p></td><td style=\"text-align:left;\"><p>$1,984.71</p></td><td style=\"text-align:left;\"><p>$2,043.58</p></td><td style=\"text-align:left;\"><p>$2,052.55</p></td></tr><tr><td style=\"text-align:left;\"><p>2028</p></td><td style=\"text-align:left;\"><p>$4,307.0</p></td><td style=\"text-align:left;\"><p>$1,852.01</p></td><td style=\"text-align:left;\"><p>$2,240.94</p></td><td style=\"text-align:left;\"><p>$2,307.41</p></td><td style=\"text-align:left;\"><p>$2,317.54</p></td></tr><tr><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p></p></td><td style=\"text-align:left;\"><p>^Final EBITA^</p></td></tr></tbody></table><p>Click to enlarge</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d360aabfc9cd900ecaf997156dcf316\" tg-width=\"640\" tg-height=\"730\"/></p><p>Author&#39;s Calculations</p><p></p><p>According to this model, Palantir appears slightly overvalued, suggesting a need for a 3.6% decrease from the current stock price of $19.5 to reach the fair price of $18.8. Despite this, the stock still holds the potential to yield solid annual returns of around 18.6% until it attains the projected future stock price of $37.6.</p><p>Moreover, if we calculate an average from the two present fair value prices of the two models ($49.6 and $18.8), we arrive at a stock price of $34.20, indicating a notable 75% upside potential.</p><h2 id=\"id_3331553659\">Risks to thesis</h2><p>To achieve the outlined target, as demonstrated, Palantir would require a net income of $675.48 million for 2023, translating to the need to generate a GAAP EPS of $0.20 by Q4 2024.</p><p>Should a DCF model be applied to this scenario, it would indicate that Palantir is even more overvalued than the 3.4% suggested by the second model labeled &#34;My Estimates.&#34; Notably, the stock trajectory indicates that analysts may be considering non-GAAP metrics over GAAP, with GAAP metrics potentially being factored in only during market downturns. This presents a notable risk for the stock.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af31d305e252aa50f187cd927a2f6918\" tg-width=\"640\" tg-height=\"320\"/></p><p>Author&#39;s Calculations</p><p></p><p>However, recognizing the inherent non-GAAP nature of EPS and its value in better assessing a company&#39;s unique circumstances due to their inherent differences, I recommend a &#34;strong buy&#34; rating for Palantir. This recommendation is founded on the second model, indicating a downside as minimal as 3.4% and annual returns of 18.6%, which is deemed as very respectable and provides a satisfactory safety margin in the analyst&#39;s perspective.</p><h2 id=\"id_4152565616\">Conclusion</h2><p>In conclusion, a comprehensive analysis of Palantir&#39;s financial performance and valuation reveals a company that has experienced substantial growth over the last six years, boasting an impressive average revenue growth rate of around 42.81%. The company&#39;s margins have expanded significantly, indicating operational profitability, and its balance sheet stands robust with $3.2 billion in cash reserves and no long-term debt. Palantir&#39;s positive cash flows, amounting to $465 million, and a free cash flow margin of 21.9%, underscore its efficient financial management.</p><p>Two distinct valuation models were employed to gauge Palantir&#39;s intrinsic value. The first model, leveraging analysts&#39; projections, suggests a potential upside of 154.5%, with a fair value of $49.6 and an ambitious future stock price of $107.2 by 2028. The second, more conservative model, tied Palantir&#39;s growth to the data analytics market, indicating a slight overvaluation but still projecting solid annual returns of 18.6%. While potential skepticism surrounds these valuations, an average of the two fair value prices yields $34.20, presenting a notable 75% upside. The conclusion is that I recommend a &#34;strong buy&#34; rating for Palantir, taking into account the minimal downside of 3.4% suggested by the second model, coupled with the substantial annual returns of 18.6%, demonstrating a perceived sufficient safety margin. However, it&#39;s crucial to acknowledge the risks associated with potential reliance on non-GAAP metrics by analysts, posing a key consideration for investors in Palantir.</p></body></html>","source":"seekingalpha","collect":0,"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 Could Be One Of The Few Deals Of The Decade</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 Could Be One Of The Few Deals Of The Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-17 19:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4652623-palantir-one-of-few-deals-of-decade><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir has exhibited robust financial growth over the past six years, with an impressive average revenue growth rate of approximately 42.81%, indicating a strong and expanding market presence.The ...</p>\n\n<a href=\"https://seekingalpha.com/article/4652623-palantir-one-of-few-deals-of-decade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","BK4543":"AI","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4023":"应用软件"},"source_url":"https://seekingalpha.com/article/4652623-palantir-one-of-few-deals-of-decade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2384353465","content_text":"Palantir has exhibited robust financial growth over the past six years, with an impressive average revenue growth rate of approximately 42.81%, indicating a strong and expanding market presence.The company's operational profitability is evident through significant margin expansion, supported by a robust balance sheet with $3.2 billion in cash reserves and no long-term debt.Effective financial management is highlighted by positive cash flows of $465 million and a 21.9% free cash flow margin.The most conservative model suggests solid annual returns of 18.6%, supporting a \"strong buy\" rating.Despite the positive outlook, investors should be cautious of potential risks associated with analysts' reliance on non-GAAP metrics.Drew AngererThesisIn this analysis of Palantir Technologies, Inc. (NYSE:PLTR), I will elucidate the compelling reasons why Palantir remains a \"strong buy\" even after experiencing a substantial rally of over 169%. According to my calculations, should analysts' estimates materialize, the stock has the potential to ascend to $49.6, reflecting a significant upside. In light of this, I undertook a secondary model, revealing that while Palantir may be slightly overvalued (by 3.4%), it still holds the potential to yield annual returns of up to 18%. Consequently, considering these factors, I have determined to categorize Palantir as a \"strong buy.\"OverviewPalantir, a prominent software development company, specializes in data analytics. This entails the creation of software designed to analyze vast datasets, extracting valuable insights that can inform decision-making processes. There are even myths extending to events such as the assassination of Osama bin Laden and the exposure of Bernie Madoff's Ponzi scheme.Palantir boasts a diverse product portfolio comprising Gotham, Foundry, Apollo, and the newly introduced AIP. The functionality of each segment will be expounded upon in the following sections.GothamGotham stands as a powerful tool designed to unveil concealed patterns within diverse datasets, spanning from signals intelligence to confidential informant reports. Its primary objective is to empower users in identifying potential threats, fostering collaboration among analysts and operational personnel, and aiding in the strategic planning and execution of real-world responses. Gotham has garnered widespread adoption across various government functions and has found practical applications in the commercial realm, particularly within the financial services industry for the investigation of fraud cases.FoundryIn contrast, Foundry serves as the central operating system for data, with the overarching goal of transforming organizational operations. It provides individual users with a unified platform to seamlessly integrate and analyze data, emphasizing speed for experimenting and testing new ideas. Foundry addresses common challenges encountered in data projects by offering a user-friendly backend for constructing data pipelines, featuring a graphical interface that enhances tracking and tracing for improved comprehension.ApolloOriginally developed to facilitate continuous software delivery across a spectrum of environments-be it cloud, on-premises, or rugged settings-Apollo focuses on expediting secure software deployment and updates within businesses. In 2021, Apollo was introduced as a commercial solution, enabling customers to securely deploy their software in diverse environments. Serving as a centralized control layer, Apollo orchestrates the continuous delivery of features, security updates, and platform configurations, providing a comprehensive solution for businesses seeking efficient and secure software management.AIPFinally, the latest addition to Palantir's suite is Palantir AIP, unveiled in August 2023. This innovative product is essentially a large language model that allows clients to pose questions and receive automated responses from the AI. Users can access this cutting-edge tool directly through the user portal, showcasing Palantir's commitment to advancing technological solutions and enhancing user interaction with artificial intelligence.MarketData analytics, as its name suggests, involves the processing of large quantities of both structured and unstructured data with the goal of extracting valuable insights. These insights, in turn, serve as a foundation for making informed and critical decisions.The data analytics market is poised for substantial growth, with an anticipated CAGR of 18.77% from 2023 to 2029. During this period, the market is projected to achieve a remarkable valuation of $655.53 billion. This robust growth underscores the increasing significance of data analytics in shaping strategic decision-making processes across various industries.StatistaFinancials (In millions of USD unless stated otherwise)Palantir's Financial Performance: Over the past six years, Palantir has experienced remarkable growth, with an impressive average revenue growth rate of approximately 42.81%. Concurrently, its net income has demonstrated a not huge but still decent growth trajectory at around 12%. The company on the brink of a full year of GAAP profitability.Author's CalculationsProfitability Metrics: Palantir's margins have witnessed substantial expansion, signifying the company's operational profitability. Notably, the operating margin currently indicates a profitable operation. However, it's noteworthy that the margins don't align with typical figures for companies primarily engaged in software development, which generally hover around 20% or more. Presently, the net income margin is at -6.93%, while the operating margin stands at 1.71%.Author's CalculationsBalance Sheet Strength: Palantir boasts a robust balance sheet, highlighted by substantial cash reserves totaling $3.2 billion and an absence of long-term debt. This financial strength positions Palantir favorably, allowing for potential debt issuance without compromising the integrity of its balance sheet, a crucial factor in navigating challenging economic scenarios.Author's CalculationsCash Flow and Free Cash Flow Margin: Palantir currently generates positive cash flows, amounting to $465 million. The free cash flow margin stands at a commendable 21.9%, indicating efficient management of cash resources. This positive cash flow is reflected in the \"free cash flow components\" table, showcasing an increase in cash from operations, a metric indicative of sustainable and genuine growth, as opposed to aggressive cost-cutting measures.Author's CalculationsAuthor's CalculationsAuthor's CalculationsOverall Financial Health: In summary, Palantir's financial health is robust, underscored by its positive cash flows, strong balance sheet, and a trajectory towards turning negative net income into positive figures. This positive shift is anticipated to further enhance Palantir's overall financial standing.Valuation (In millions of USD unless stated otherwise)In this valuation assessment, two DCF models will be employed. The first model integrates analysts' revenue and EPS estimates for FY 2024 and FY 2025, along with the anticipated 5-year EPS growth rate and expected revenue growth rate. The second model operates on the assumption that Palantir could grow at the projected rate of the data analytics market, which stands at an impressive 18.77%.The table below outlines all the variables necessary for calculating the WACC. Additionally, the CapEx, Depreciation & Amortization (D&A), and Interest expenses are computed using margins linked to revenue.TABLE OF ASSUMPTIONS(Current data)Assumptions Part 1Equity Value3,190.00Debt Value236.30Cost of Debt2.12%Tax Rate21.00%10y Treasury4.80%Beta1.88Market Return10.50%Cost of Equity15.52%Assumptions Part 2EBITTax14.70D&A32.80CapEx15.20Capex Margin0.72%Assumption Part 3Net Income-147.30Interest5.00Tax14.70D&A32.80Ebitda-94.80D&A Margin1.54%Interest Expense Margin0.24%Revenue2,125.3Click to enlargeAnalysts' EstimatesIn this valuation model, the primary objective is to ascertain Palantir's fair value by considering analysts' EPS targets for FY 2023 and FY 2024, which are set at $675.48 million and $783.56 million, respectively. These values are derived by multiplying the EPS targets of $0.25 and $0.29 by the 2.233 billion shares outstanding.Additionally, analysts project a 3-5 year EPS growth of approximately 71.90%, which will be utilized to calculate the net income for the period spanning 2025 to 2028.Seeking AlphaNet IncomePlus TaxesPlus D&APlus Interest2023$558.25$675.48$709.77$715.002024$647.57$783.56$817.85$823.082025$1,113.17$1,346.94$1,395.96$1,403.432026$1,913.54$2,315.39$2,374.13$2,383.092027$3,289.38$3,980.15$4,050.56$4,061.292028$5,654.45$6,841.88$6,926.26$6,939.13^Final EBITA^Click to enlargeAuthor's CalculationsAccording to this model, Palantir presents a substantial upside potential of up to 154.5%, an impressive figure. The calculated fair value stands at $49.6, surpassing even the all-time high of $35.18 recorded in January 2021.The model further suggests that the stock could potentially reach a price of $107.2 by 2028, implying annual returns in the order of 90.15%. It is worth noting that this valuation may attract skepticism, given the seemingly optimistic projection that appears extraordinary in real-world terms.My EstimatesIn this second, more conservative model, the focus is on projecting Palantir's revenue growth to align with that of the data analytics market, standing at 18.77%.The table below outlines all the essential variables required for calculating EBITDA. Net income is calculated using a net income margin of 43%, tethered to revenue, implying that net income will also grow at a rate of 18.77%.RevenueNet IncomePlus TaxesPlus D&APlus Interest2023$2,222.0$675.48$817.33$851.62$856.852024$2,650.0$783.56$948.11$982.40$987.632025$2,992.1$1,286.61$1,556.80$1,602.98$1,610.012026$3,378.4$1,452.71$1,757.78$1,809.92$1,817.872027$3,814.5$1,640.26$1,984.71$2,043.58$2,052.552028$4,307.0$1,852.01$2,240.94$2,307.41$2,317.54^Final EBITA^Click to enlargeAuthor's CalculationsAccording to this model, Palantir appears slightly overvalued, suggesting a need for a 3.6% decrease from the current stock price of $19.5 to reach the fair price of $18.8. Despite this, the stock still holds the potential to yield solid annual returns of around 18.6% until it attains the projected future stock price of $37.6.Moreover, if we calculate an average from the two present fair value prices of the two models ($49.6 and $18.8), we arrive at a stock price of $34.20, indicating a notable 75% upside potential.Risks to thesisTo achieve the outlined target, as demonstrated, Palantir would require a net income of $675.48 million for 2023, translating to the need to generate a GAAP EPS of $0.20 by Q4 2024.Should a DCF model be applied to this scenario, it would indicate that Palantir is even more overvalued than the 3.4% suggested by the second model labeled \"My Estimates.\" Notably, the stock trajectory indicates that analysts may be considering non-GAAP metrics over GAAP, with GAAP metrics potentially being factored in only during market downturns. This presents a notable risk for the stock.Author's CalculationsHowever, recognizing the inherent non-GAAP nature of EPS and its value in better assessing a company's unique circumstances due to their inherent differences, I recommend a \"strong buy\" rating for Palantir. This recommendation is founded on the second model, indicating a downside as minimal as 3.4% and annual returns of 18.6%, which is deemed as very respectable and provides a satisfactory safety margin in the analyst's perspective.ConclusionIn conclusion, a comprehensive analysis of Palantir's financial performance and valuation reveals a company that has experienced substantial growth over the last six years, boasting an impressive average revenue growth rate of around 42.81%. The company's margins have expanded significantly, indicating operational profitability, and its balance sheet stands robust with $3.2 billion in cash reserves and no long-term debt. Palantir's positive cash flows, amounting to $465 million, and a free cash flow margin of 21.9%, underscore its efficient financial management.Two distinct valuation models were employed to gauge Palantir's intrinsic value. The first model, leveraging analysts' projections, suggests a potential upside of 154.5%, with a fair value of $49.6 and an ambitious future stock price of $107.2 by 2028. The second, more conservative model, tied Palantir's growth to the data analytics market, indicating a slight overvaluation but still projecting solid annual returns of 18.6%. While potential skepticism surrounds these valuations, an average of the two fair value prices yields $34.20, presenting a notable 75% upside. The conclusion is that I recommend a \"strong buy\" rating for Palantir, taking into account the minimal downside of 3.4% suggested by the second model, coupled with the substantial annual returns of 18.6%, demonstrating a perceived sufficient safety margin. However, it's crucial to acknowledge the risks associated with potential reliance on non-GAAP metrics by analysts, posing a key consideration for investors in Palantir.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":239600999456960,"gmtCreate":1699533097477,"gmtModify":1699533101530,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"#Li Autos #&nbsp;","listText":"#Li Autos #&nbsp;","text":"#Li Autos #","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/239600999456960","repostId":"1100344856","repostType":2,"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188889630478456,"gmtCreate":1687141153390,"gmtModify":1687141157398,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Hong Kong Was an interesting stage&nbsp;","listText":"Hong Kong Was an interesting stage&nbsp;","text":"Hong Kong Was an interesting stage","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188889630478456","isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188888781344816,"gmtCreate":1687141126448,"gmtModify":1687141132529,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"The game is getting harder with every step&nbsp;","listText":"The game is getting harder with every step&nbsp;","text":"The game is getting harder with every step","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188888781344816","isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188647796388104,"gmtCreate":1687082323833,"gmtModify":1687082327459,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"Well done , I love this investing game&nbsp;","listText":"Well done , I love this investing game&nbsp;","text":"Well done , I love this investing game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188647796388104","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188227662045216,"gmtCreate":1686979718668,"gmtModify":1686979721723,"author":{"id":"4127606686758072","authorId":"4127606686758072","name":"Furqan","avatar":"https://community-static.tradeup.com/news/b6aa9f0c11b43adf20484ea8665a60e4","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"$NKLA$ and $Ride$ are proving to be kind of day trading options only. Is there anything long term behind these stocks ?&nbsp;","listText":"$NKLA$ and $Ride$ are proving to be kind of day trading options only. Is there anything long term behind these stocks ?&nbsp;","text":"$NKLA$ and $Ride$ are proving to be kind of day trading options only. Is there anything long term behind these stocks ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188227662045216","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}