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Palantir (PLTR): Key Financial Metrics, Strong Buy For Stock

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$Palantir Technologies Inc.(PLTR)$ PLTR Stock Key Financial Metrics When comparing 2020 with 2021 we can see several areas where PLTR showed significant improvement. One of the big concerns early in PLTR's history was the high price which made the MV (Market Value) very high for a new stock even one as technologically advanced as Palantir. Looking at the yellow areas in the following table you can see how the price has dropped considerably at 52%. This of course caused both MV and EV (Enterprise Value) to drop significantly. Since an expanded market value was one of the major arguments against buying PLTR in the past, the current drop in price has made this argument less pervasive. The MV to revenue number has dropped from a very high 40 to 1 down to a much more reasonable 15 to 1. Note this was the result of two items, a decrease in price by 52% and an increase in revenue of 36%. Palantir's management has consistently said that revenue would grow by AT LEAST 30% per annum through 2025. So far they have been right with revenue growing by 47% in 2020 and 36% in 2021. So if we do some simple math and project the minimal revenue expected through 2025 we come up with the following numbers. It went public on September 30, 2020, at $10 and the high for that first day was $11.42 very close to today's price of $11.79. So basically, Palantir is right back where it started from. Note the 4-month rocketship ride up from September 30, 2020, to February 9, 2021, when it closed at an all-time high of $38.17. Having spent the last 400 or so words describing PLTR's volatility I would like to close with this. Palantir is a strong buy for those willing to hold it through 2025. Look for bargain dips like getting PLTR at $9.94 and you have set yourself up for a strong profit gain by 2025.
Palantir (PLTR): Key Financial Metrics, Strong Buy For Stock

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.

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