Palantir (PLTR)

Financial Performance

Palantir has shown significant growth in its financials. The company reported a revenue of $725.5M last quarter, marking an increase of 7% from the previous quarter and a year-over-year increase of 19.3%. Gross profit is also on the rise with $578.9M, up by 5.3% from the previous quarter and up by 15.8% year over year. Their operating income profit was $113.1M, showing an impressive increase of 72% YoY and a quarterly increase of 7.4%. The EBITDA ratio stands at a healthy level of 0.19.

Stock Price

The stock price currently sits at $65.74, which represents an impressive growth rate; it's up by about 54%, compared to last month, and has soared by approximately 233% YoY. The RSI value is currently at a high level of above 70 indicating that it might be overbought while the stock's moving average over the past 200 days stands at $30.72 indicating strong upward momentum in the stock price.

Alternative Data Signals

In terms of alternative data signals, Palantir's web traffic showed a slight decrease with -3.3% MoM but this does not necessarily indicate negative performance as fluctuations are common in web traffic stats.The number job openings increased slightly suggesting potential expansion plans for the company.Employees seem optimistic about their business outlook with an estimated positive outlook percentage being around73%, showing increases both MoM and YoY.Palantir has also been growing its social media presence significantly especially on Twitter where it saw an impressive follower growth rate of approximately35% overthe last 90 days.

Conclusion

In conclusion, Palantir's stock performance is bullish. The company has shown solid growth in its financials and stock price. Despite some slight decreases in web traffic, the overall alternative data signals such as job postings and business outlook indicate a positive trend for the company.

Note: This AI Stock Analysis is based on data as of November 27. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Palantir (PLTR), currently trading at $66.05, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.