October 6, 2020 | technology | No Comments
Palantir (NYSE: PLTR), the big data and analytics software company, debuted on the public markets last month and is currently valued at about $15 billion, or about $9 per share, trading at about 14.5x projected 2020 Revenues. This appears like an attractive valuation, considering that Palantir is on track to grow by about 40% this year and also accounting for the fact that software stocks have been in favor with investors this year. Does this make Palantir stock an attractive pick at current levels? What are the key risks & catalysts?
See our interactive analysis on Palantir Stock: Expensive Or Cheap? for a detailed breakdown of Palantir’s financials, valuation, and comparison with other high-growth software stocks. Parts