If you are long Palantir it’s bullish
$PLTR
Palantir reported one of their best quarters in history as a public company.
If you are/have been a long term shareholder, you understand this deeper than others. Two years ago, the company was barely growing above 15%, not profitable, and couldn't scale their core software offering.
Now, the business is seeing demand that has surprised even the largest of supporters, achieved profitably with 20% GAAP margins for 10 quarters in a row, has a rule of 83, is inching on 40% growth, and so much more.
The elephant in the room is the stock price going down 10% after hours.
I cannot stress this enough: the stock is not the company.
Palantir has always traded at an aggressive multiple and no major bull I know denies the fact or insisted that above $100 the stock was cheap -- it was up 70% from the April lows & surpassing a $300B market cap. It's not absurd to see it take a breather. It's also pretty normal when a company reports an incredible earnings, is up a ton going into the print, and then sells off because the quarter wasn't good enough.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Guavaxf3006·2025-05-08I agree completely. Palantir is a no brainer for those who can shut out the white noise.LikeReport
- OgdenHerbert·2025-05-07Absolutely amazing insights! Keep it up! [Great]LikeReport