Up 40% in 2025: Is It Too Late to Buy Palantir Stock?
From Nasdaq Inc.: 2025-04-28 20:15:00
Tech stocks have struggled, but Palantir (NASDAQ: PLTR) has surged over 40% YTD. Palantir is a data mining company serving government and commercial clients, with revenue growing 29% in 2024. It turned profitable in 2023 and is expected to grow revenue by 31% in 2025. However, its stock trades at high valuations, and challenges like tariffs and government spending cuts could impact future growth. Analysts project a 31% CAGR for revenue and 51% for GAAP EPS from 2024-2027. While Palantir’s prospects are positive, its current valuation may not be sustainable for investors.
Investment analysts recommend 10 other stocks over Palantir Technologies due to potential for high returns. The Motley Fool Stock Advisor team has a history of market-crushing performance. Joining their recommendations could lead to significant returns, as evidenced by past stock picks like Netflix and Nvidia. While Palantir has shown growth, investors should weigh the risks of its current valuation and market conditions before making any investment decisions.
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