Stock price when the opinion was issued
It reports after the closing bell. Owns a small position. A year ago, they were all-in with AI. They already had a proven track record with government. She expects 38% and 53% revenue and earnings growth this quarter. The chart looks exponential, but it will march higher tomorrow. PLTR is one of the few companies implementing AI, a rare pure-play.
One of his most tech-savvy friends described PLTR to him: consulting with AI. Often takes data from multiple, disparate sources, pulls it together, and lets the analytics take over. Very cool YouTube videos :)
There is no fundamental grounding for this stock whatsoever. It's a story stock, a cult stock. There are no valuation parameters to make sense of what you're paying for it. Astronomically expensive.