I haven't watched it very close lately, but I think their earnings report guidance was that they were gonig to be profitable by EOY? Could be wrong.
Hey all. Anyone paying attention to it? I like them long term. I know wsb is moving the marker short term,. But their 50%ish qtr growth is pretty awesome. And no reason to think it wont continue. I really see no end in growth, in the next few yrs. if im wrong, 100% tell me why. I like that they are software and do not require that many employees and/or infrastructure. i like that they are leading edge of information , consolidation. That the contracts they have, (secret squirrel and mainstream government) allow them to use that info to set up new contracts, And the contracts they have, give them a LOT of info and allow them to convert new businesses faster. i like that they are working top down, like tsla. Start gov contracts first, and then fortune 500, and then plan to work down to mom n pops, type.…..i like tsla, for anyone that didnt know….. Disclaimer and i think i said it earlier in this thread or another. I bought some shares a few months ago. Its only recently turned green. But i think it has huge potential and wanted to put this thread back up and see what you all have to say.
Agree 100%. Big data analytics is in every aspect of our lives now, and it will only continue to grow. I hope it gets a nice run sometime soon.
Its gettin pretty tight, kids. It may go on sell or blow its top soon….or grind out. My crystal ball is broke. I still loved their ER. People were just upset because gov contracts didnt grow as much as commercial. And commercial was always the bear argument before. Haha. Whatever. Numbers looked good to me. I see them as a growth company until earnings reports say otherwise…
@B Russ Crappy stock for trading, not crappy company. Not in that sense. I am mostly a trader, and I trade what I see. Palantir chart is a bad chart, trendless since year began, so unusefull for that purpose. A waste of time and money. For investing I follow others, much better than me and with more knowledge in that field. It is a personnal efforts economy ... dont waste time in what others do better/cheaper than you!
Watching this one, it looks good. Company is cash flow positive, non-GAAP EPS is projected to be positive next year. And even GAAP EPS is only slightly negative.
Let's hope it does better than CRGE, I watched that one go straight down the drain. I recall not long ago when PLTR was the new sliced bread. It soon became toast. Something about SPACS.
I am Happy I Cut my Losses Last Week, or Else I Would Have Been Another 12% Under. I Might Re-Enter PLTR after the 30 Day Wash Rule Time Period Passes. -IndependentCandy14
Palantir has a lot of great programmers, tech-guys, etc. - but they really need some finance people that have a focus on costs and profits. An increase in turnover with higher loses year after years makes no sense.