Profile - To The Moon

Furqan

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- FurqanFurqan
  ·2024-02-28
  Apple moves out of self driving car race!
  Sorry, this post has been deleted
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- FurqanFurqan
  ·2024-02-28
  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
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- FurqanFurqan
  ·2023-11-30
  Great ariticle, would you like to share it?
  AI Stock Predictions: 7 Names Google Bard Believes Will Double in 2024
  These seven Google Bard stock predictions have the potential to double in the next 12 months, making them highly intriguing.
  AI Stock Predictions: 7 Names Google Bard Believes Will Double in 2024
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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 #
  Li Auto's Revenue Beats Forecast With Over 105,000 EVs Sold
  Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended September 30, 2
  Li Auto's Revenue Beats Forecast With Over 105,000 EVs Sold
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- FurqanFurqan
  ·2023-06-19
  Hong Kong Was an interesting stage
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- FurqanFurqan
  ·2023-06-19
  The game is getting harder with every step
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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,"isVote":1,"tweetType":1,"viewCount":465,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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","kind":"news","pubTimestamp":1709108100,"share":"https://ttm.financial/m/news/2414929386?lang=&edition=fundamental","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":{"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","LU0861579265.USD":"联博低波幅策略股票基金A","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4592":"伊斯兰概念","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4567":"ESG概念","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","BK4576":"AR","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4566":"资本集团","LU0557290698.USD":"施罗德环球可持续增长基金","BK4132":"无线电信业务","SOUN":"SoundHound AI Inc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4543":"AI","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4579":"人工智能","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","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4574":"无人驾驶","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4561":"索罗斯持仓","BK4573":"虚拟现实","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4581":"高盛持仓","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC"},"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":516,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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":560,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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,"repost":{"id":"2386159325","kind":"highlight","pubTimestamp":1701121312,"share":"https://ttm.financial/m/news/2386159325?lang=&edition=fundamental","pubTime":"2023-11-28 05:41","market":"us","language":"en","title":"AI Stock Predictions: 7 Names Google Bard Believes Will Double in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2386159325","media":"InvestorPlace","summary":"These seven Google Bard stock predictions have the potential to double in the next 12 months, making them highly intriguing.","content":"<html><body><article>\n<header>\n<div>\n<div>\n<ul>\n<li>\n<ul></ul>\n</li>\n</ul>\n<ul>\n<li>\n<ul>\n<li><strong><span><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></span></strong><span> (</span><strong><u><span>META</span></u></strong><span>): The combination of social media revenues and metaverse potential is obvious.</span></li>\n<li><strong><span>Tesla</span></strong><span> (</span><strong><u><span>TSLA</span></u></strong><span>): Bard believes demand for Tesla vehicles will continue to thrive in 2024.</span></li>\n<li><strong><span>Lithium Americas</span></strong><span> (</span><strong><u><span>LAC</span></u></strong><span>): Projects in Nevada have massive potential to multiply Lithium Americas’ price.</span></li>\n<li><span>Continue reading for the complete list of Google Bard stock predictions here!</span></li>\n</ul>\n</li>\n</ul>\n</div>\n<div></div>\n<figure>\n<div>\n<img decoding=\"async\" height=\"432\" sizes=\"(max-width: 768px) 100vw, 768px\" src=\"https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-768x432.png\" srcset=\"https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-768x432.png 768w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-300x169.png 300w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-200x113.png 200w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-400x225.png 400w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-116x65.png 116w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-100x56.png 100w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-89x50.png 89w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool-78x44.png 78w, https://investorplace.com/wp-content/uploads/2023/09/ai-trading-stock-market-tool.png 1600w\" width=\"768\"/> </div>\n<figcaption>\n<p>Source: Sittipong Phokawattana / Shutterstock</p>\n</figcaption>\n</figure>\n<div>\n<p>I asked Google Bard to give me the names of seven stocks it believes will double in 2024. I agree with many of the recommendations it gave. Google’s algorithm clearly has identified technology, electric vehicles, semiconductors, e-commerce and a shifting employment landscape as key factors.</p>\n<p>These sectors appear to be poised to thrive in 2024. In fact, nearly every sector should do better next year. The markets are currently pricing in peak rates from the Federal Reserve. In turn, there’s a strong expectation that rate cuts will follow beginning in early to mid-2024. </p>\n<p>Thus, there is a very good argument to be made for investing in anticipation of those shifts. Here are the top Google Bard stock predictions you should consider for your portfolio.</p>\n<h2>Meta Platforms (META)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2021/11/fb-stock-meta-1600.jpg 1600w\" width=\"300\"/><div>Source: Blue Planet Studio / Shutterstock.com</div></div>\n<p><strong>Meta Platforms</strong> (NASDAQ:<span><strong><u>META</u></strong></span>) was the first stock Bard recommended investors purchase in 2024. I fully agree with Bard’s recommendation here. Meta Platforms is underpinned by several revenue-generating giants in social media platforms Facebook and Instagram. Its so-called family of apps is doing well and continues to improve. Further, Meta Platforms has positioned itself amongst the best metaverse firms moving forward.</p>\n<p>It continues to get more and more difficult to argue against the company’s 2021 rebrand. The decision to drop its Facebook moniker in favor of a metaverse-inspired theme is looking smarter and smarter. Multiple leading tech firms are also heavily engaged in the augmented reality space. Next year will see <strong>Apple</strong> (NASDAQ:<span><strong><u>AAPL</u></strong></span>) release its Vision Pro headset. Many other tech companies are developing hardware, software, apps and other assets that will contribute to the greater development of the metaverse.</p>\n<p>Meta Platforms is a particularly strong choice because the primary machine of the company, its family of apps, has rebounded. Revenues are strong again. Those revenues should get stronger as the macroeconomic situation improves in 2024 and businesses spend more on advertising.</p>\n<h2>Tesla (TSLA)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-300x169.png\" srcset=\"https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-300x169.png 300w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-768x432.png 768w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-200x113.png 200w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-400x225.png 400w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-116x65.png 116w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-100x56.png 100w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-89x50.png 89w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600-78x44.png 78w, https://investorplace.com/wp-content/uploads/2022/05/tsla_tesla1600.png 1600w\" width=\"300\"/><div>Source: Zigres / Shutterstock.com</div></div>\n<p>The second recommendation Bard gave me was<strong> Tesla</strong> (NASDAQ:<span><strong><u>TSLA</u></strong></span>). Right off the bat, I have to say that it’s going to be tough for Tesla’s stock to double in 2024. I say that because Tesla’s high target price on Wall Street is $380. It currently trades for $235. So, the stock would have to do better than any Wall Street analyst is currently predicting. Impossible? No, just unlikely.</p>\n<p>Whether Tesla shares double or not, I can definitely get behind the logic for investing in the stock. Tesla remained fairly transparent in 2023 about its objectives: cost reduction, maximizing deliveries and investing in the company’s future direction.</p>\n<p>Automotive revenue growth hasn’t been particularly impressive. Vehicle sales grew by 5% in Q3.</p>\n<p>Total revenue grew by 9% over the same timeframe. Tesla is investing in energy storage and AI. The company has established itself as the dominant EV manufacturer. It won’t be as exciting in that regard in the future. The EV market is facing growing pains. I’m not suggesting it’s a dying sector by any means. However, it’s going to continue to be tough because of things like range issues and the availability of fast-charging infrastructure. That’s why more and more investors will look at Tesla’s Optimus AI robots and the company’s potential to reinvent itself further.</p>\n<h2>Lithium Americas (LAC)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2021/11/lithium-americas-lac-1600.jpg 1600w\" width=\"300\"/><div>Source: Wirestock Creators / Shutterstock.com</div></div>\n<p><strong>Lithium</strong> <strong>Americas</strong> (NYSE:<span><strong><u>LAC</u></strong></span>) is bound to pop up on many buy lists for 2024. The stock certainly has the potential to double in the next 12 months with continually low lithium prices. </p>\n<p>Lithium Americas will be one of the most interesting new energy stocks for years to come. The company separated its Thacker Pass operations into the current LAC stock very recently. Thacker Pass is located in Nevada and sits on one of the largest lithium deposits on Earth. The parent company decided to separate those operations in order to capitalize on the potential of it as a production source. The site is expected to begin producing lithium in 2026. </p>\n<p>So, it’s very easy to see why investing in Lithium Americas remains so dicey. A lot can change between now and then. Lithium prices are volatile, as recent history has shown. However, if factors conspire in its favor, Lithium Americas will multiply in price. That could easily result in a doubling in 2024 if lithium prices rebound.</p>\n<h2>Solid Power (SLDP)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-300x169.png\" srcset=\"https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-300x169.png 300w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-768x432.png 768w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-200x113.png 200w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-400x225.png 400w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-116x65.png 116w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-100x56.png 100w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-89x50.png 89w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600-78x44.png 78w, https://investorplace.com/wp-content/uploads/2022/03/sldp_solid_power_1600.png 1600w\" width=\"300\"/><div>Source: T. Schneider / Shutterstock.com</div></div>\n<p>It’s very evident that Bard believes in the continued potential of electric vehicles. I say that because<strong> Solid Power</strong> (NASDAQ:<span><strong><u>SLDP</u></strong></span>) is the next stock it recommended. </p>\n<p>A note of caution: Solid Power is a penny stock and certainly poses a risk to investors. It also has the potential to double very easily. The company is developing solid-state battery cells for application in the EV market.</p>\n<p>Solid-state batteries promise to revolutionize the EV industry. Faster charging, much greater range and higher safety mean if solid-state battery technology succeeds, a lot more people will be buying electric vehicles.</p>\n<p>In the third quarter, Solid Power delivered sample cells to its automotive partners for qualification. Time will tell how those cells perform, but it’s fair to say the company remains on track. Fundamentally, solid power isn’t a particularly bad stock. Revenues continue to grow rapidly proving that early demand for its products is strong. That said, the company’s losses are growing and went from under $10 million through the first 9 months of 2022 to above $46 million during the same period in 2023. </p>\n<h2>Alibaba (BABA)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2019/07/alibaba_stock.jpg 1600w\" width=\"300\"/><div>Source: zhu difeng / Shutterstock.com</div></div>\n<p><strong>Alibaba</strong> (NYSE:<span><strong><u>BABA</u></strong></span>) was recommended by Bard because of China’s growing middle class and the country’s rapid adoption of e-commerce overall.</p>\n<p>While those factors generally hold true, Alibaba’s top-line results haven’t been great. Revenues grew by 9% during the most recent period. That level of growth isn’t weak by most standards, yet it clearly isn’t the same level of growth the company has grown accustomed to. In any case, at nearly 10%, that top-line growth provides a reason to believe that narratives of China’s collapse continue to be overblown.</p>\n<p>Alibaba continues to find ways to increase its segment performance. For example, The company’s International Digital Commerce segment grew by 73% in the quarter. Remember, this is a Chinese company accustomed to doing business in its home country. It isn’t easy to adapt to the retail environment in other countries. So, to report revenue growth above 70% in an international market is impressive.</p>\n<p>Beyond that, Alibaba also continues to heavily invest in its cloud, particularly in relation to artificial intelligence (<strong>AI</strong>). It’s another reason to continue believing in BABA stock as an investment. Investors who believe in the application of AI to the AWS cloud should believe in Alibaba for the same reason.</p>\n<h2>Fiverr (FVRR)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2019/11/fvrr1600.jpg 1600w\" width=\"300\"/><div>Source: Temitiman / Shutterstock.com</div></div>\n<p><strong>Fiverr</strong> (NYSE:<span><strong><u>FVRR</u></strong></span>) is an interesting start to consider at the moment. It doesn’t benefit from being a growth stock, so it isn’t cyclically positioned to boom in 2024 due to expected rate cuts. However, Fiverr certainly benefits from secular trends and a pivot into profitability. Those two factors are more than enough to make it a reasonable recommendation. And yes, it does have the potential to double in price based on current ratings. </p>\n<p>Fiverr is a digital e-commerce platform that allows service providers to offer their skills across the gig economy. The gig economy continues to grow as freelance engagements boom and more and more employees demand remote options. Thus, Fiverr is positioned to take advantage of continuing secular trends.</p>\n<p>Just as importantly, Fiverr is a fundamentally strong firm. The company reported $3.33 million in net income in the third quarter from $92.5 million in revenues. A year ago, the company posted an $11 million loss on $82.5 million in revenues.</p>\n<h2>Taiwan Semiconductor (TSM)</h2>\n<div>\n<figure><img decoding=\"async\" height=\"200\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-300x200.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-300x200.jpg 300w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-1024x683.jpg 1024w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-768x512.jpg 768w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-200x133.jpg 200w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-400x267.jpg 400w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-116x77.jpg 116w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-100x67.jpg 100w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-188x125.jpg 188w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-75x50.jpg 75w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-78x52.jpg 78w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1.jpg 1200w\" width=\"300\"/><noscript><img decoding=\"async\" height=\"200\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-300x200.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-300x200.jpg 300w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-1024x683.jpg 1024w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-768x512.jpg 768w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-200x133.jpg 200w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-400x267.jpg 400w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-116x77.jpg 116w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-100x67.jpg 100w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-188x125.jpg 188w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-75x50.jpg 75w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1-78x52.jpg 78w, https://investorplace.com/wp-content/uploads/2023/09/arizona-tsmc-facility-1.jpg 1200w\" width=\"300\"/></noscript></figure></div>\n<p><strong>Taiwan Semiconductor</strong> (NYSE:<span><strong><u>TSM</u></strong></span>) is a strong recommendation among tech stocks heading into 2024. Bard recommended Taiwan Semiconductor based on the idea that the digitization of multiple leading industries will propel the demand for chips higher during the year.</p>\n<p>Remember, TSM is the largest foundry in the world. That means it produces semiconductors for all of the leading tech names that you know, including <strong>Nvidia </strong>(NASDAQ:<span><strong><u>NVDA</u></strong></span>), <strong>AMD</strong> (NASDAQ:<span><strong><u>AMD</u></strong></span>), <strong>Intel</strong> (NASDAQ:<span><strong><u>INTC</u></strong></span>) and more.</p>\n<p>The company has really no other comparison in the world aside from South Korea’s <strong>Samsung</strong>. The world is becoming increasingly digitized. Connecting everything to the internet requires semiconductors. Firms across the globe will purchase more chips as the cost of lending decreases in 2024. That’s one prime reason to consider Taiwan Semiconductor. Further, the AI gold rush isn’t going to slacken by much — if at all. That, too, requires more and more chips and makes TSM stock a strong choice in 2024 and beyond.</p>\n<p><em>On the date of publication, Alex Sirois did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com</em><em> Publishing Guidelines</em>.</p>\n<div><p>Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.</p></div>\n</div>\n<div>\n<div hidden=\"true\">\n<div>\n<svg fill=\"none\" height=\"32\" viewbox=\"0 0 261 32\" width=\"261\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M38.8652 7.49652H42.2492V25.7517H38.8652V7.49652ZM60.0112 7.49652H63.3142V25.7517H60.0921L50.9278 13.1733V25.7517H47.6248V7.49652H50.8469L60.0112 20.0749V7.49652ZM66.5201 7.49652H70.2279L75.4578 21.8955L80.7685 7.49652H84.3144L77.1417 25.7517H73.5957L66.5201 7.49652ZM87.4232 7.49652H100.457V10.5418H90.8072V15.0601H99.5019V18.1054H90.8072V22.7064H100.781V25.7517H87.4232V7.49652ZM113.637 10.8563C112.666 10.5253 111.872 10.3598 111.063 10.3598C110.253 10.3598 109.622 10.5253 109.136 10.8563C108.65 11.1873 108.407 11.601 108.407 12.1803C108.407 12.6768 108.569 13.0906 108.893 13.4216C109.217 13.7526 109.622 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https://investorplace.com/2023/11/ai-stock-predictions-7-names-google-bard-believes-will-double-in-2024/.</p>\n<p>©2023 InvestorPlace Media, LLC</p>\n</div>\n</div>\n</header></article></body></html>","source":"investorplace_stock_picks","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>AI Stock Predictions: 7 Names Google Bard Believes Will Double in 2024</title>\n<style 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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\">\nAI Stock Predictions: 7 Names Google Bard Believes Will Double in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-28 05:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/11/ai-stock-predictions-7-names-google-bard-believes-will-double-in-2024/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms (META): The combination of social media revenues and metaverse potential is obvious.\nTesla (TSLA): Bard believes demand for Tesla vehicles will continue to thrive in 2024.\nLithium ...</p>\n\n<a href=\"https://investorplace.com/2023/11/ai-stock-predictions-7-names-google-bard-believes-will-double-in-2024/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2023/11/ai-stock-predictions-7-names-google-bard-believes-will-double-in-2024/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2386159325","content_text":"Meta Platforms (META): The combination of social media revenues and metaverse potential is obvious.\nTesla (TSLA): Bard believes demand for Tesla vehicles will continue to thrive in 2024.\nLithium Americas (LAC): Projects in Nevada have massive potential to multiply Lithium Americas’ price.\nContinue reading for the complete list of Google Bard stock predictions here!\n\n\n\n\n\n\n\n \n\nSource: Sittipong Phokawattana / Shutterstock\n\n\n\nI asked Google Bard to give me the names of seven stocks it believes will double in 2024. I agree with many of the recommendations it gave. Google’s algorithm clearly has identified technology, electric vehicles, semiconductors, e-commerce and a shifting employment landscape as key factors.\nThese sectors appear to be poised to thrive in 2024. In fact, nearly every sector should do better next year. The markets are currently pricing in peak rates from the Federal Reserve. In turn, there’s a strong expectation that rate cuts will follow beginning in early to mid-2024. \nThus, there is a very good argument to be made for investing in anticipation of those shifts. Here are the top Google Bard stock predictions you should consider for your portfolio.\nMeta Platforms (META)\nSource: Blue Planet Studio / Shutterstock.com\nMeta Platforms (NASDAQ:META) was the first stock Bard recommended investors purchase in 2024. I fully agree with Bard’s recommendation here. Meta Platforms is underpinned by several revenue-generating giants in social media platforms Facebook and Instagram. Its so-called family of apps is doing well and continues to improve. Further, Meta Platforms has positioned itself amongst the best metaverse firms moving forward.\nIt continues to get more and more difficult to argue against the company’s 2021 rebrand. The decision to drop its Facebook moniker in favor of a metaverse-inspired theme is looking smarter and smarter. Multiple leading tech firms are also heavily engaged in the augmented reality space. Next year will see Apple (NASDAQ:AAPL) release its Vision Pro headset. Many other tech companies are developing hardware, software, apps and other assets that will contribute to the greater development of the metaverse.\nMeta Platforms is a particularly strong choice because the primary machine of the company, its family of apps, has rebounded. Revenues are strong again. Those revenues should get stronger as the macroeconomic situation improves in 2024 and businesses spend more on advertising.\nTesla (TSLA)\nSource: Zigres / Shutterstock.com\nThe second recommendation Bard gave me was Tesla (NASDAQ:TSLA). Right off the bat, I have to say that it’s going to be tough for Tesla’s stock to double in 2024. I say that because Tesla’s high target price on Wall Street is $380. It currently trades for $235. So, the stock would have to do better than any Wall Street analyst is currently predicting. Impossible? No, just unlikely.\nWhether Tesla shares double or not, I can definitely get behind the logic for investing in the stock. Tesla remained fairly transparent in 2023 about its objectives: cost reduction, maximizing deliveries and investing in the company’s future direction.\nAutomotive revenue growth hasn’t been particularly impressive. Vehicle sales grew by 5% in Q3.\nTotal revenue grew by 9% over the same timeframe. Tesla is investing in energy storage and AI. The company has established itself as the dominant EV manufacturer. It won’t be as exciting in that regard in the future. The EV market is facing growing pains. I’m not suggesting it’s a dying sector by any means. However, it’s going to continue to be tough because of things like range issues and the availability of fast-charging infrastructure. That’s why more and more investors will look at Tesla’s Optimus AI robots and the company’s potential to reinvent itself further.\nLithium Americas (LAC)\nSource: Wirestock Creators / Shutterstock.com\nLithium Americas (NYSE:LAC) is bound to pop up on many buy lists for 2024. The stock certainly has the potential to double in the next 12 months with continually low lithium prices. \nLithium Americas will be one of the most interesting new energy stocks for years to come. The company separated its Thacker Pass operations into the current LAC stock very recently. Thacker Pass is located in Nevada and sits on one of the largest lithium deposits on Earth. The parent company decided to separate those operations in order to capitalize on the potential of it as a production source. The site is expected to begin producing lithium in 2026. \nSo, it’s very easy to see why investing in Lithium Americas remains so dicey. A lot can change between now and then. Lithium prices are volatile, as recent history has shown. However, if factors conspire in its favor, Lithium Americas will multiply in price. That could easily result in a doubling in 2024 if lithium prices rebound.\nSolid Power (SLDP)\nSource: T. Schneider / Shutterstock.com\nIt’s very evident that Bard believes in the continued potential of electric vehicles. I say that because Solid Power (NASDAQ:SLDP) is the next stock it recommended. \nA note of caution: Solid Power is a penny stock and certainly poses a risk to investors. It also has the potential to double very easily. The company is developing solid-state battery cells for application in the EV market.\nSolid-state batteries promise to revolutionize the EV industry. Faster charging, much greater range and higher safety mean if solid-state battery technology succeeds, a lot more people will be buying electric vehicles.\nIn the third quarter, Solid Power delivered sample cells to its automotive partners for qualification. Time will tell how those cells perform, but it’s fair to say the company remains on track. Fundamentally, solid power isn’t a particularly bad stock. Revenues continue to grow rapidly proving that early demand for its products is strong. That said, the company’s losses are growing and went from under $10 million through the first 9 months of 2022 to above $46 million during the same period in 2023. \nAlibaba (BABA)\nSource: zhu difeng / Shutterstock.com\nAlibaba (NYSE:BABA) was recommended by Bard because of China’s growing middle class and the country’s rapid adoption of e-commerce overall.\nWhile those factors generally hold true, Alibaba’s top-line results haven’t been great. Revenues grew by 9% during the most recent period. That level of growth isn’t weak by most standards, yet it clearly isn’t the same level of growth the company has grown accustomed to. In any case, at nearly 10%, that top-line growth provides a reason to believe that narratives of China’s collapse continue to be overblown.\nAlibaba continues to find ways to increase its segment performance. For example, The company’s International Digital Commerce segment grew by 73% in the quarter. Remember, this is a Chinese company accustomed to doing business in its home country. It isn’t easy to adapt to the retail environment in other countries. So, to report revenue growth above 70% in an international market is impressive.\nBeyond that, Alibaba also continues to heavily invest in its cloud, particularly in relation to artificial intelligence (AI). It’s another reason to continue believing in BABA stock as an investment. Investors who believe in the application of AI to the AWS cloud should believe in Alibaba for the same reason.\nFiverr (FVRR)\nSource: Temitiman / Shutterstock.com\nFiverr (NYSE:FVRR) is an interesting start to consider at the moment. It doesn’t benefit from being a growth stock, so it isn’t cyclically positioned to boom in 2024 due to expected rate cuts. However, Fiverr certainly benefits from secular trends and a pivot into profitability. Those two factors are more than enough to make it a reasonable recommendation. And yes, it does have the potential to double in price based on current ratings. \nFiverr is a digital e-commerce platform that allows service providers to offer their skills across the gig economy. The gig economy continues to grow as freelance engagements boom and more and more employees demand remote options. Thus, Fiverr is positioned to take advantage of continuing secular trends.\nJust as importantly, Fiverr is a fundamentally strong firm. The company reported $3.33 million in net income in the third quarter from $92.5 million in revenues. A year ago, the company posted an $11 million loss on $82.5 million in revenues.\nTaiwan Semiconductor (TSM)\n\n\nTaiwan Semiconductor (NYSE:TSM) is a strong recommendation among tech stocks heading into 2024. Bard recommended Taiwan Semiconductor based on the idea that the digitization of multiple leading industries will propel the demand for chips higher during the year.\nRemember, TSM is the largest foundry in the world. That means it produces semiconductors for all of the leading tech names that you know, including Nvidia (NASDAQ:NVDA), AMD (NASDAQ:AMD), Intel (NASDAQ:INTC) and more.\nThe company has really no other comparison in the world aside from South Korea’s Samsung. The world is becoming increasingly digitized. Connecting everything to the internet requires semiconductors. Firms across the globe will purchase more chips as the cost of lending decreases in 2024. That’s one prime reason to consider Taiwan Semiconductor. Further, the AI gold rush isn’t going to slacken by much — if at all. That, too, requires more and more chips and makes TSM stock a strong choice in 2024 and beyond.\nOn the date of publication, Alex Sirois did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nAlex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2023/11/ai-stock-predictions-7-names-google-bard-believes-will-double-in-2024/.\n©2023 InvestorPlace Media, LLC","news_type":1},"isVote":1,"tweetType":1,"viewCount":568,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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","kind":"highlight","pubTimestamp":1700220845,"share":"https://ttm.financial/m/news/2384353465?lang=&edition=fundamental","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":{},"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":446,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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,"repost":{"id":"1100344856","kind":"news","pubTimestamp":1699524518,"share":"https://ttm.financial/m/news/1100344856?lang=&edition=fundamental","pubTime":"2023-11-09 18:08","market":"us","language":"en","title":"Li Auto's Revenue Beats Forecast With Over 105,000 EVs Sold","url":"https://stock-news.laohu8.com/highlight/detail?id=1100344856","media":"Bloomberg","summary":"Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced its unaudited financial results for the quarter ended September 30, 2","content":"<html><head></head><body><ul style=\"\"><li><p>Net income climbs to 2.8 billion yuan from a loss year earlier</p></li><li><p>Chinese EV makers shares have risen 143% in US in 12 months</p></li></ul><p>Li Auto Inc. reported better-than-expected revenue after delivering more than 105,000 electric vehicles in the third quarter, up from about 26,500 a year earlier.</p><p>Total revenue was 34.7 billion yuan ($4.8 billion) in the three months through September, a 271% increase from a year earlier and 21% higher than the previous quarter, the Chinese automaker said in a statement Thursday.</p><p>The revenue figure topped analyst estimates of 33.7 billion yuan. The company had forecast it would deliver 100,000 to 103,000 EVs in the quarter.</p><p>Li Auto’s shares jumped 7.2% in pre-market trading in the US. They’ve risen over 140% in the past 12 months.</p><p>Net income climbed to 2.81 billion yuan, rebounding from a 1.65 billion net loss in the third quarter of 2022, when Li Auto was recovering from Covid lockdowns and had also been among the companies hardest hit by power cuts in Sichuan.</p><p>With a gross margin of 22%, Li Auto is faring better than Chinese rivals Nio Inc. and Xpeng Inc., which are still struggling to make money. Nio said last week it would cut 10% of its staff positions in November.</p><p>Li Auto aims deliver even more EVs in the fourth quarter, targeting between 125,000 and 128,000, to take its annual total as high as 372,225 units. Revenue is expected to hit as much as 39.4 billion yuan, it said.</p><p>“Each of our three Li L series models recorded over 10,000 monthly deliveries for three consecutive months since August, maintaining our position as the sales champion among SUVs and NEVs priced over 300,000 yuan in China,” founder and Chairman Li Xiang said in the statement.</p><p>“As we further expand our business scale, we will continue to maintain our profitability at a healthy level, while investing in research and development to propel the long-term growth of our business,” he said.</p><p>Founded in 2015, Li Auto has focused mainly on extended-range sport utility vehicles, which carry electric motors powered by gasoline engines. That gives the company an edge over competitors when early EV adopters are still concerned about driving range.</p><p>The automaker is benefiting from an expanded lineup with the introduction of its cheaper L7 and L8 SUVs, despite a dilution in average selling prices, Bloomberg Intelligence analysts Joanna Chen and Steve Man wrote in a Nov. 1 note.</p><p>Li Auto plans to launch its Mega multi-purpose vehicle this quarter. The starting price may be more than 500,000 yuan, almost double Tesla Inc.’s newly revamped Model Y, which starts at 263,900 yuan.</p><p>New-energy vehicle sales in China, including plug-in hybrids, rose 38% in October, data from China’s Passenger Car Association showed Wednesday. EVs accounted for almost 38% of all new car sales, the highest in 12 months.</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>Li Auto's Revenue Beats Forecast With Over 105,000 EVs Sold</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\">\nLi Auto's Revenue Beats Forecast With Over 105,000 EVs Sold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-09 18:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-11-09/li-auto-s-revenue-beats-forecast-with-more-than-105-000-evs-sold?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Net income climbs to 2.8 billion yuan from a loss year earlierChinese EV makers shares have risen 143% in US in 12 monthsLi Auto Inc. reported better-than-expected revenue after delivering more than ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-11-09/li-auto-s-revenue-beats-forecast-with-more-than-105-000-evs-sold?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-11-09/li-auto-s-revenue-beats-forecast-with-more-than-105-000-evs-sold?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100344856","content_text":"Net income climbs to 2.8 billion yuan from a loss year earlierChinese EV makers shares have risen 143% in US in 12 monthsLi Auto Inc. reported better-than-expected revenue after delivering more than 105,000 electric vehicles in the third quarter, up from about 26,500 a year earlier.Total revenue was 34.7 billion yuan ($4.8 billion) in the three months through September, a 271% increase from a year earlier and 21% higher than the previous quarter, the Chinese automaker said in a statement Thursday.The revenue figure topped analyst estimates of 33.7 billion yuan. The company had forecast it would deliver 100,000 to 103,000 EVs in the quarter.Li Auto’s shares jumped 7.2% in pre-market trading in the US. They’ve risen over 140% in the past 12 months.Net income climbed to 2.81 billion yuan, rebounding from a 1.65 billion net loss in the third quarter of 2022, when Li Auto was recovering from Covid lockdowns and had also been among the companies hardest hit by power cuts in Sichuan.With a gross margin of 22%, Li Auto is faring better than Chinese rivals Nio Inc. and Xpeng Inc., which are still struggling to make money. Nio said last week it would cut 10% of its staff positions in November.Li Auto aims deliver even more EVs in the fourth quarter, targeting between 125,000 and 128,000, to take its annual total as high as 372,225 units. Revenue is expected to hit as much as 39.4 billion yuan, it said.“Each of our three Li L series models recorded over 10,000 monthly deliveries for three consecutive months since August, maintaining our position as the sales champion among SUVs and NEVs priced over 300,000 yuan in China,” founder and Chairman Li Xiang said in the statement.“As we further expand our business scale, we will continue to maintain our profitability at a healthy level, while investing in research and development to propel the long-term growth of our business,” he said.Founded in 2015, Li Auto has focused mainly on extended-range sport utility vehicles, which carry electric motors powered by gasoline engines. That gives the company an edge over competitors when early EV adopters are still concerned about driving range.The automaker is benefiting from an expanded lineup with the introduction of its cheaper L7 and L8 SUVs, despite a dilution in average selling prices, Bloomberg Intelligence analysts Joanna Chen and Steve Man wrote in a Nov. 1 note.Li Auto plans to launch its Mega multi-purpose vehicle this quarter. The starting price may be more than 500,000 yuan, almost double Tesla Inc.’s newly revamped Model Y, which starts at 263,900 yuan.New-energy vehicle sales in China, including plug-in hybrids, rose 38% in October, data from China’s Passenger Car Association showed Wednesday. EVs accounted for almost 38% of all new car sales, the highest in 12 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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":377,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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":424,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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":693,"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,"followedFlag":false,"idStr":"4127606686758072","authorIdStr":"4127606686758072"},"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":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}