I had been looking at the name for a while, but they seem a bit inconsistent. AI has heated up the market, whether bubble or not, and the big names are quite expensive.
As of now it’s 17.3% up and aftermarket trading. But that’s not saying a lot. However, I suspect tomorrow it’s going to open up quite high and I just wonder if it’s worth it.
Anyone got any good research or insights to share?
From MarketWatch:
The company logged fourth-quarter revenue of $608 million, up 20% from a year before and ahead of the FactSet consensus, which was for $603 million.
The company expects to see upward of $640 million in U.S. commercial revenue for 2024, up at least 40%.
Palantir logged its fifth consecutive quarter of GAAP profitability in the period that just finished, delivering net income of $93 million, or 4 cents a share, up from $33 million, or 1 cent a share, in the year-before quarter.
Submitted February 06, 2024 at 12:40AM by dukerustfield https://ift.tt/g5qjMF4
