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Palantir’s Growth Defies Stock Doubts | Business and Finance News
Description
Palantir’s stock may be pricey, but its explosive 85% year-over-year revenue growth and even faster profit climb are turning heads. At AIPCon, the company showcased deeply integrated AI platforms that customers say are nearly impossible to replicate, giving them a “five-year moat.” Analyst Karl Keirstead from UBS calls the stock undervalued, citing strong projected free cash flow and a PEG ratio under one. With Palantir raising its own full-year forecast, the momentum suggests this AI powerhouse could be a hidden gem.
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