D-Keine
- Palantir’s current valuation is unsustainable, with a forward P/E of 158x and EV/Sales multiple of 46x, well above sector averages, driven largely by AI hype.
- While Q3 results showed strong growth and improved profitability, the stock’s current price assumes flawless future execution, creating an unfavorable risk-reward scenario.
- Recent insider sales, including $1.2 billion by the CEO, and a retail-heavy shareholder base increase vulnerability to market shifts and volatility.
- Given the stretched valuation and risks, investors with gains should consider trimming positions, as current levels may not justify the stock’s elevated price.
After Q3 2024 Earnings of Palantir Technologies’ (NYSE:PLTR) I am taking a contrarian stance and initiating a Sell rating with a fair value estimate of $38.50. Because of overvaluation at its current market valuation of $60 per share, even when factoring.
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