Palantir Technologies (PLTR)

Rising profit margins and cash flow. Making a lot of noise in AI, so watch for their AI news when they report in early November. They attract the best clients in gen AI. They've had some new contracts. Two-thirds of revenue are from 20 clients, and 27% from the top 3, so they need to broaden. Watching, but will buy on dips. Expects a lot of volatility. Is now overvalued. Class-action lawsuits are a concern.

The chart shows a base in a cup formation and is now showing a handle, which is good because it could lead to upside. Likely to break out to resistance of $27, which it will likely struggle a bit. Can buy now and sell at $27.

The contract is a validating sign for the company, but in terms of revenue it represents a small contribution to its top line. Analysts expect strong sales and earnings growth rates in the coming years, and the company has improved its profitability levels. In terms of valuation, it trades at a premium valuation (13.3X forward sales and 57.6X forward earnings) due to its high growth rates and operations in an expanding industry. Overall, it has solid market share and growth potential, but due to its high valuation there is room for multiple contraction. For a high-risk investor, seeking long-term growth, we would be comfortable adding here, however, we might expect some choppiness in the short to intermediate term.
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They lived up to the hype and their last quarter. Good.

Tremendous market cap, but has had some issues. Class-action lawsuits as a result of involvement in SPACs. Rising profit margins, great free cashflow. Leader in software stack. Concentrated clients, but they're sticky. Not a buy now, but try for $12-13.

He's been in and out of this name. It's taken off during this generative AI boom. PLTR is the king of AI and machine learning. Their Gotham platform serves government clients while Foundry serves business. The total market is $120 billion. Clients are sticky, averaging 3.6 years per contract. Shares are pricey now. He targets $16.25.

They delivered a terrific quarter.

In the next month or two, there's going to be some correction or consolidation. Reward/risk level here is not great. Put stops on 20-30% of your position. Once we hit the corrective phase, perhaps September-October, look to re-enter. Has legs toward the $27 level around the end of 2025. Part of the AI wave.

Had a great quarter.

Was downgraded today. Shares have popped from $10 to $16. Their last quarter was the first good one they had in a while.

Major supplier of data analytics with US government.
High exposure to A.I. leading edge. 
Trading at 10x revenue which is expensive.
Looking 10-15 years down the road, will be a good business.
Risky buy, but good for tech investors.

In spite of its recent spectacular run-up you could still start a position, especially in any sort of tech sell-off, for a very good long term hold. It is a securities services company and is at the heart of the AI discussion. It is a new company and the new CEO is well experienced and capable. If you own it you could trim some after the big gain but hold on to the rest.

Not hitting new peaks like Palo Alto, but should double in 2-3 years. It is volatile, though. Take an initial position first. Has been basing for 6 months, but can reach $22.

Doesn't see it going north of $10, a decent runway. High concentration of customers, where 61% of revenue comes from the top 20 customers. Signing up new clients. The king for data analytics and AI. Controversy about stock options being used to attract talent, cashing those in puts a lid on stock price. Great company.

They cursed on the conference call. They fail to execute.