$Palantir Technologies Inc.(PLTR)$
Sky-High Valuation, Keep Soaring: Will Palantir Bubble Burst Some Day?
The company reported first-quarter revenue of $884 million, up 39% year-over-year and above the analyst consensus. Adjusted earnings per share of 13 cents, rose from 8 cents per share a year earlier, in line with Wall Street’s estimates. Investors may have been looking for more, after the AI darling posted blowout results in February and November.
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After Palantir rising so much this year, will the stock begin to pull back given high valuations?
Or good time to add?
What's your target price for Palantir?
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Comments
PLTR could be on the downtrend as it approaches the ER.
Read the chart. Find the breakout.Trade with SL, TP and risk ratio. The rest,let the market decides.