Palantir’s Pricey Multiple in Focus as Pentagon Budget Cuts Loom
Last week’s rout in Palantir Technologies Inc. shares has done little to convince skeptics that it’s suddenly a bargain.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,
Palantir Sinks on Planned Pentagon Budget Cuts. Is It Time to Sell the Stock?
Palantir Technologies ( PLTR -4.63%) shares have been red hot for the past couple of years, but the stock was tumbling after Defense Secretary Pete Hegseth ordered the Pentagon to slash its $850 billion budget by 8%, or about $50 billion.
Palantir co-founder and CEO Alexander Karp opens his new book with a provocative declaration: “Silicon Valley has lost its ...
Palantir shows strong growth but its valuation is high. See why PLTR stock doesn’t justify its price, even with positive cash ...
Palantir’s stock surge—over 600% in one year, before this week’s slide—has made its CEO Alex Karp a wealthy man. Karp sold ...
The stock chart has been getting all the attention, but there's another number that investors should be watching.
Two billionaire Palantir Technologies Inc. founders disclosed plans this week to unload more than $1.4 billion of stock, ...
Could Palantir Technologies stock (NASDAQ: PLTR) drop to $60 in the near future from its current price above $120? Does this ...
Palantir's big growth is likely to come from the Commercial side of the business. Read why I downgrade PLTR stock from buy to ...
Palantir stock is continuing to slide Thursday as investors weigh a CEO stock sale and potential defense budget cuts. Here’s ...
One analyst thinks Palantir will end up benefiting from Pentagon budget cuts, contrary to fears. But the stock remains pricey ...
Catalysts have been abundant, with everything from excitement surrounding stock splits in influential businesses to Donald ...
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