Is Palantir a good investment now?

Is Palantir a good investment now?

Jun 17, 2022

Is Palantir ($PLTR) a good investment? Palantir Technologies continues to be a leading builder of operating systems and data management platforms for the U.S. government.

Why it matters: Palantir tech is currently used by the National Institutes of Health, the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA), and several military branches for intelligence training and cybersecurity.

By the numbers:

  • Most recently, the company was awarded a $90 million 5-year blanket purchase agreement with the Department of Health and Human Services (HHS)

  • Guidance for Palantir is to compound sales 30% annually until 2025. It recorded 34% last quarter

  • Government revenue growth has declined in recent quarters, but retention of existing dollars has been excellent with a US Government Retention Rate of 141% and an International Government Retention Rate of 161%

  • Commercial revenue has grown exponentially in the last four quarters. From 19% in Q1 to 47% in Q4.

What’s next:

  • Earnings report on May 9: Palantir stock has an expected move of 17.5% in the next month.

  • PLTR share prices are nearing their 2020 IPO lows. Wall street analysts estimate a +46% increase over the next 12 months.

Secure your investment in Palantir with a high probability options strategy: PLTR

Source: Yahoo Finance

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© 2024 Olive Advisors Inc. All Rights Reserved.

By using this website, you accept and agree to Olive's Terms of Use and Privacy Policy. Olive's investment advisory services are available only to residents of the United States in jurisdictions where Olive is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities or investment products. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings and other information provided are for illustrative purposes only and are not to be considered investment recommendations. All performance information is shown for illustrative purposes only and excludes the impact of fees and taxes. The content on this website is for informational purposes only and does not constitute a comprehensive description of Olive's services. For more information information on risks associated with options, please see disclosures.

Information provided by Olive Advisors Inc. is for informational and general educational purposes only and is not tax or financial advice.

Contact Olive at support@oliveinvest.com. 31 Hudson Yards, New York, NY 10001

© 2024 Olive Advisors Inc. All Rights Reserved.

By using this website, you accept and agree to Olive's Terms of Use and Privacy Policy. Olive's investment advisory services are available only to residents of the United States in jurisdictions where Olive is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities or investment products. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings and other information provided are for illustrative purposes only and are not to be considered investment recommendations. All performance information is shown for illustrative purposes only and excludes the impact of fees and taxes. The content on this website is for informational purposes only and does not constitute a comprehensive description of Olive's services. For more information information on risks associated with options, please see disclosures.

Information provided by Olive Advisors Inc. is for informational and general educational purposes only and is not tax or financial advice.

Contact Olive at support@oliveinvest.com. 31 Hudson Yards, New York, NY 10001