Palantir (PLTR) Stock Price

Financial Performance

Palantir's revenue for the last quarter was $883.9M, showing a growth of 6.8% from the previous quarter and an impressive rise of 30.3% year over year. The gross profit stood at $710.9M, which is up by 8.9% from the previous quarter and up by 29.4% YoY, indicating a solid profitability trend for Palantir's operations.

The company's operating income profit was $176M, reflecting a significant increase of 1494.2% from the previous quarter and up by 67.1% YoY, demonstrating strong operational efficiency.

The EBITDA ratio in the last quarter was reported to be at a healthy level of 0.2.

Stock Price

The current trading price of Palantir's stock is $184.17 with an upward trend noted in both short-term (up by 4%) and long-term (up by a whopping 405%). The RSI value stands at a moderate level of around 60 suggesting neither overbought nor oversold conditions.

The stock's PE ratio is high at around613 .90 indicating that investors are willing to pay more for each unit of net income; hence they expect higher earnings growth in the future compared to other companies with lower P/E ratios.

Alternative Data Signals

Web traffic shows an increasing trend with an estimated monthly visitor count standing at approximately1 ,29864 , representing increases on both MoM (6 .7%) and YoY basis(80 .2%). This indicates increased interest or engagement with Palantir online which could potentially translate into business opportunities or increased investor interest.

With 230 job openings, there seems to be a slight growth in the company's workforce, potentially indicating expansion plans. The reported positive business outlook from 69% of employees suggests confidence in the company's future prospects.

Social media following on Twitter and Facebook has seen significant growth over the last 90 days, implying a growing public interest and awareness about Palantir.

Conclusion

In conclusion, given Palantir's strong financial performance, solid stock price trends and positive alternative data signals, the analysis is bullish for Palantir's stock based on the available data.

Note: This AI Stock Analysis is based on data as of October 01. 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 $185, will... Sign up to access price prediction.