Palantir: Trading At Fair Price After Tech Selloffs And Strong Q2
PLTRPalantir Technologies(PLTR) Seeking Alpha·2024-08-07 09:00
hapabapaExecutive Summary After the major tech selloffs, Palantir (NYSE:PLTR) stocks are currently trading around their fair market price. Palantir just reported a very strong performance in the first half of 2024, both in terms of revenue growth and profitability, primarily poised by the great success of its Artificial Intelligence Platform solutions in the commercial segment. Despite the recent tech sector price corrections – as many tech firms, especially AI-focused ones, came short of analysts’ expe ...