Palantir has evolved from a popular meme stock to an innovative, long-term investment idea. Software platform company Palantir Technologies ( PLTR 3.53% ) is a popular name among retail investors, who own most of its shares, compared to just 35% ownership by institutions and hedge funds.
Similarly, Is Palantir debt free?
Palantir Technologies’s Total Stockholders Equity for the quarter that ended in Dec. 2021 was $2,291 Mil. Palantir Technologies’s debt to equity for the quarter that ended in Dec. 2021 was 0.11.
Will Pltr ever be profitable? According to sell-side estimates, Palantir will breakeven by 2024, when its bottom-line based on GAAP is expected to turn a small profit. Regarding its guidance, it was mixed as the company’s top-line growth should remain strong, but profitability is not expected to improve much in the short term.
Thereof, Is Palantir a moat?
Undoubtedly, the moat is not the only thing an investor should look after, but it is a great place to start. Palantir possesses four core moats, ranging from the proprietary algorithms, the Government, the high switching costs, and the network effect.
Why is Pltr stock dropping?
The stock’s latest declines have been largely influenced by the broader market sell-off that has pushed major benchmark indexes like the S&P 500 and tech-heavy Nasdaq 100 into correction territory. High valuation, high growth tech stocks like Palantir have not boded well with the latest macroeconomic backdrop.
Is Pltr a good long-term investment?
PLTR is a long-term investment, and if you don’t have the risk tolerance for investing in individual equities, plow your money into an index fund such as the Vanguard S&P 500 ETF (VOO).
Is Palantir good stock?
Palantir continues to report solid revenue growth, but it will need to improve its profitability and cash flows to really draw long-term investors back into the name. Palantir is still trading at a lofty valuation, probably due to its connections with intelligence agencies and its former status as a meme stock.
Is Pltr a good long-term buy?
If we consider the growing demand for data in the U.S., and indeed the world, Palantir (NYSE: PLTR) looks like a great long-term investment for investors wanting a slice of the highly profitable big data analytics pie.
What time is Pltr earnings?
Palantir Technologies Inc. is estimated to report earnings on 05/10/2022. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.
Does Palantir have a future?
Despite the recent concerns on the commercial and government segments, Palantir’s overall growth has been solid. We expect sales to rise by around 40% in 2021 and Palantir further sees itself growing revenues at 30%-plus levels from 2021 through 2025.
Is Palantir a cyber security company?
Palantir is an active member of the Vendor Security Alliance, an organization improving information security across vendors and PaaS and SaaS solution providers, and a partner with SpecterOps, a leader in red team operations.
Is Pltr a good long term investment?
PLTR is a long-term investment, and if you don’t have the risk tolerance for investing in individual equities, plow your money into an index fund such as the Vanguard S&P 500 ETF (VOO).
What is Palantir competitive advantage?
Palantir offers highly secure data compared to most competitors. It started as a company laser-focused on government-related clients, so its solutions were built with security as the backbone. Commercially focused vendors cannot say the same, and this provides a competitive advantage for Palantir.
Will Palantir come back?
The performance of Palantir (NYSE:PLTR) stock was unimpressive for most of 2021. After a strong listing in September 2020, the stock gained almost 250% by January 2021. However, PLTR stock subsequently retreated on both macro and micro factors.
Is Palantir a sell?
Palantir delivered a strong 2021 full of revenue growth and free cash flow. The current sell-off is an overreaction to a misunderstanding of the government numbers, as stalled customer count doesn’t equal declining revenue.
What time is PLTR earnings?
Palantir Technologies Inc. is estimated to report earnings on 05/10/2022. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.
What is Palantir’s moat?
Palantir possesses four core moats, ranging from the proprietary algorithms, the Government, the high switching costs, and the network effect.
Is PLTR a defense company?
Palantir continues to be a force in the defense industry. The Big Data software firm recently announced winning additional contracts from the US government. The most recent of which is the $823 million contract for the Distributed Common Ground System-Army Program.
Is Palantir free cash flow positive?
The company has a high 30% free cash flow margin and is one of the longest growth runways I have ever seen.
Why is PLTR falling?
The stock’s latest declines have been largely influenced by the broader market sell-off that has pushed major benchmark indexes like the S&P 500 and tech-heavy Nasdaq 100 into correction territory. High valuation, high growth tech stocks like Palantir have not boded well with the latest macroeconomic backdrop.
Will Palantir be profitable?
According to sell-side estimates, Palantir will breakeven by 2024, when its bottom-line based on GAAP is expected to turn a small profit. Regarding its guidance, it was mixed as the company’s top-line growth should remain strong, but profitability is not expected to improve much in the short term.
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