Palantir: Incredible Company, Ridiculous Valuation

Summary:

• Palantir is an exceptional company with strong revenue growth, high gross margins, and a revolutionary AIP platform, but its current valuation is extremely high.
• Despite impressive metrics, Palantir’s valuation multiples, such as 63.6x EV/Sales and 350x EV/EBITDA, are unprecedented and risky.
• I recommend holding Palantir if already owned, trimming if prices rise, and avoiding new purchases at current levels.
• Investing in Palantir at today’s prices is akin to gambling; patience is key for potential new investors.

Introduction

Palantir (NASDAQ:PLTR) is a company I invested into back in the summer of this year, meaning I’m now up around 177% which is pretty extraordinary in the space of 6 months. My opinion is that Palantir is

Analyst’s Disclosure: I/we have a beneficial long position in the shares of PLTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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