- Palantir (NASDAQ: PLTR) went public via direct listing in Sept. 2020 at $10, now nearly $150. Joined S&P 500 in 2024 with rapid growth and profits. Can it sustain momentum?
- Palantir’s revenue grew at 27% CAGR from 2020-2024, turned profitable in 2023. Expected 45% revenue and 84% EPS CAGR from 2024-2027. AI market expansion drives growth.
- Analysts project Palantir’s stock could rise 50% to $225 in 5 years if growth continues. Volatile stock needs to justify premium valuations.
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Read more at Nasdaq: Where Will This AI Stock Be in 5 Years? The Numbers Tell a Story