Palantir Technologies Surges to $100: Is This Red-Hot AI Stock Still a Buy? 3 Analysts Weigh In.
From Nasdaq: 2025-02-09 07:30:00
Palantir Technologies’ (NASDAQ: PLTR) stock price soared past $100 after strong Q4 earnings highlighted its momentum in AI. Revenue growth, especially in the U.S., is accelerating at a rapid pace. However, concerns about the stock’s valuation being too rich have surfaced, with a price-to-sales ratio of 96 times. Analysts are split on whether to invest in Palantir at these levels, with some suggesting a cautious approach due to the stock’s rapid rise. Despite the company’s success and potential, investors should consider the disconnect between the business and the stock price before making investment decisions.
Read more at Nasdaq: Palantir Technologies Surges to $100: Is This Red-Hot AI Stock Still a Buy? 3 Analysts Weigh In.