Palantir (PLTR) Stock Price

Financial Performance

Palantir's last quarter revenue was $883.9M, marking an increase of 6.8% from the previous quarter and a substantial growth of 30.3% year over year. The company's gross profit stood at $710.9M, up by 8.9% from the previous quarter and up by a healthy rate of 29.4% year over year. Their operating income profit saw a significant surge to $176M, which is an impressive increase of 1494.2% from the previous quarter and up by 67.1% year over year.

The EBITDA ratio in the last quarter was reported as being at a healthy level of 0.2, indicating good profitability.

Stock Price

The current trading price for Palantir stock is $165.03, which represents a decrease of -6.9% in the last month but still significantly higher than its 200-day moving average of $112.37.The RSI value currently stands at around mid-range (59), suggesting that it is neither oversold nor overbought.

Alternative Data Signals

In terms of website traffic trends, Palantir has an estimated monthly visitor count of approximately 1,297,864 which indicates an increase of about +6 .7 % month-over-month and +80 .2 % YoY growth showing strong interest in their services or products.

The number of job openings at Palantir currently stands at around two hundred twenty-six (226), reflecting slight contraction (-0 .4%) MoM indicating potential cost-saving measures or stabilization after expansion period.

Around sixty-nine percent (69%) employees have reported a positive business outlook, suggesting an overall optimistic sentiment within the company. However, this is slightly lower than last year's figure by -8% YoY.

Palantir has been experiencing substantial growth in their social media audience with 314,276 followers on Twitter (up by 110.3% in the last 90 days), and 31,081 followers on Facebook (up by 21.1% in the last 90 days).

Conclusion

In conclusion, despite recent stock price decrease, Palantir shows strong financial performance with significant revenue and profit growth. The alternative data signals also suggest continued interest in the company's products or services as well as a positive internal business outlook among employees. Therefore, based on these factors and considering its solid social media presence growth rate and robust profitability ratios our analysis of Palantir's stock is bullish.

Note: This AI Stock Analysis is based on data as of September 11. 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 $164.4, 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.