This week in enterprise software: Top 10 #SaaS #Cloud multiples as of today's market close
$Palantir Technologies Inc.(PLTR)$ $Samsara, Inc.(IOT)$ $CrowdStrike Holdings, Inc.(CRWD)$ $Cloudflare, Inc.(NET)$ $ServiceNow(NOW)$ $Datadog(DDOG)$ $Guidewire(GWRE)$ $Snowflake(SNOW)$ $Shopify(SHOP)$ $HubSpot(HUBS)$
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This week on Clouded Judgement: Is Software Back?
- Median software multiple: 6.2x
- High Growth software median: 9.2x
- Mid Growth software median: 11.7x
- Low Growth software median: 4.7x
- 10Y: 4.4%
Palantir Hits $70: Is It the Next AI Multibagger?
On December 3rd, Palantir Technologies announced a new government security designation, allowing it to handle sensitive US government workloads in its cloud offering. Following the news, Palantir jumps 7% and hits new high of $71.
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Is it the next AI multibagger?
Will you hold Palantir for long term?
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