- Palantir Technologies is a Strong Buy due to its robust SaaS business model, AI platform, and significant government contracts, driving long-term recurring revenues.
- The company’s AI platform, AIP, launched in 2023, enhances decision-making and efficiency across various sectors, including defense, healthcare, and aerospace.
- PLTR’s financial performance in 2024 showed substantial growth, with a 36% YoY revenue increase and a 44% rise in adjusted free cash flow.
- Despite macroeconomic risks, PLTR’s strong customer retention, pricing power, and potential for high growth make it a compelling investment opportunity.
During the 2021 bull run for Palantir Technologies (NASDAQ:PLTR), investors were screaming about how the company was overvalued in the high 30s. It’s now trading at $124 after exploding during 2024. I work as an investment analyst for a mutual fund. I share the same thoroughness and precision in my daytime work as with my private work found primarily here on Seeking Alpha. My areas of expertise include the tech sector as well as the energy sector. I am not landlocked in my investment choices or companies I analyze, I believe there to be significant value opportunities outside of the US. I personally invest in a variety of market funds but also specific companies, some of which I will be sharing reports on here. I am not a momentum investor per se, I prefer a medium to long-term investment horizon for the companies I choose to invest in. The reports and opinions I share here are mine and mine alone.
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