Paul (@Paulll) on getquin

2D·

$PLTR (+0.69%) I am currently short Palantir. The price increase after the switch to NASDAQ looks impressive, but I think the fundamental figures are lagging behind. The current price is around USD 66, while the book value per share is only USD 1.99 - 33 times the actual value. The Stock Value Rainbow indicator also shows that the share price is far overvalued. We saw a similar pattern at the beginning of 2021 when the share price fell to USD 44 and did not recover for a long time. I therefore expect that we are in for a similar correction.

What do you think?

20 Comments

Charmin@Charmin

I am not at all interested in short-term background noise, but I am very interested in company figures. If Palantir suffers a setback - so what? As long as the figures are right, I see no reason to become active. For me, the share is still a clear buy.

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View all 10 further answers

Bob@NoBobble

I also expect a correction, which will be noticeable. But not as severe as in 2021, when they only had half the turnover and didn't make a profit. I also expect further growth. With their use case self-sufficient platform and the latest examples - e.g. thousands of users at Merck, cooperation with AWS and Anthrophic, etc. - they are ensuring further acceleration. - they are ensuring further acceleration. But yes, still a good bit overvalued as far as the stock is concerned. But when weren't they 🙂

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Rmann@Epi

The market can stay irrational longer than you stay solvent...

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Rosi@RealRose

Class A shares will commence trading on the NASDAQ Global Select Market on November 26, 2024.
The switch is therefore not yet complete.

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Alfred@Alfred16

I hope that I can get in again. Before the quarterly figures, I got out with a stop loss with a 70% profit. In retrospect, it has proven again that stop losses are usually not good. I won't be setting any more stop loss targets. I have had more negative than positive experiences with it so far.

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Robin@robiin

Shorting AI stocks scares me, because you like to dream of an insane growth rate for the future and then the PEG ratio is acceptable again.

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user35903002213@user35903002213

I don't think that police software is that interesting and will go so steeply, it will come down again. But it's fun to watch Tom (Tomer) Nash push the company.

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Artiskon@Artiskon

In my opinion, Palantir is overvalued.
The figures are solid, nothing more.
Growth is even declining at the moment.

At €40-45, we'll keep talking.

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Mr. M.@Infinite_Wealth

Indeed PLTR is overvalued at the moment. There are two possibly three factors accounting for the recent parabolic movement. 1) The Nov. 5 quarterly earnings beat; 2) President-Elect Trump's election win. The third and final possible price movement driver–which isn't receiving much attention –is the fact that Vice President-Elect Vance's ONLY boss he ever worked for is none other than Peter Thiel (one of the co-founders of PLTR).

Peter Thiel was also J.D. Vance's largest politically benefactor–basically funding his early accent in politics. I believe PLTR will retrace some of the gains due to those gains being purely news/emotionally driven. But I also believe some of those gains are baked in for now. It will be interesting to see if PLTR begins to receive even more government/commercial contracts in the next fours years due to its now close political ties to the oval office.

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Albi3rto@Albi3rto

The more ppl like u short pltr The more ppl like me get rich 😃😃 keep shorting bro !! Never stop !! Like with tesla 4 years ago 😂😂

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