Palantir (PLTR) Stock Price

Financial Performance

Palantir's financial performance shows a positive trajectory. The company reported revenue of $883.9M, which is up by 6.8% from the previous quarter and up by 30.3% year over year. Their gross profit was $710.9M, marking an increase of 8.9% from the previous quarter and up by 29.4% year over year. Furthermore, their operating income profit was $176M, showing significant growth of 1494.2% from the previous quarter and an increase of 67.1% year over year.

Stock Price

The stock price is currently trading at $173.07, with a rise of 1.1% in the last month and a substantial increase of 332.6% year over year suggesting strong investor confidence in the stock's future performance.

Alternative Data Signals

In terms of alternative data signals, Palantir's web traffic stands at an estimated 1297864 visitors per month, indicating increased interest in the company or its products/services among internet users - a potential indicator for future sales or user growth trends for Palantir's software platforms.

The number of job postings has slightly decreased but still remains significant with current openings standing at around 223 jobs which could indicate ongoing expansion efforts despite slight contractions compared to previous periods.

Around two-thirds (69%) employees report having a positive business outlook for Palantir which can be interpreted as a favorable internal sentiment towards the company’s vision and strategy.

Social Media Presence

The social media presence also appears to be growing steadily with Twitter followers increasing by about double (108%) in the last 90 days, and Facebook followers also seeing a healthy increase of 21.5% in the same period.

Conclusion

In conclusion, Palantir's stock performance has been bullish with strong revenue growth, profitability ratios and positive alternative data signals suggesting that the company is on a solid financial footing with robust investor interest. However, there are minor concerns regarding slight contractions in job postings and employee outlook which could be areas to watch for potential future challenges.

Note: This AI Stock Analysis is based on data as of October 04. 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 $179.5, will... Sign up to access price prediction.