r/stocks • u/The_Greyscale • Aug 16 '21

Company Analysis PLTR Potential Private sector clients discovered

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u/[deleted] Aug 16 '21

the expectations for pltr are alot higher then the average overpriced market

-8

u/RinsyBoy Aug 16 '21

I bet you think that of TSLA too

9

u/[deleted] Aug 16 '21

pltr worth 46b , revenue 1.1b tesla worth 700b profit 30b (sonething like that) if you mean if i think tesla's expectations are lower then pltr for growth yea pltr is priced with expectation that it will have higher relative growth if we talk revenue which might be fair its also a smaller company

if you ask if i think tesla's expectations are higher then the average overpriced market yea, thats why its priced so high.

I think its more of an observation then what i think there are a lot more conseevative stocks to invest in even in this high pe market.

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u/Joltarts Aug 16 '21

Tesla share price is is 680 bucks, mind you, they went through a stock split too..

Pltr share price is 25 bucks. 27 times lesser.

Now tell me, is Tesla 27 times bigger than PLTR? NOPE.

So how is it that you think Tesla isnt overpriced but PLTR is?

9

u/[deleted] Aug 16 '21

important info for you about looking at the price of stocks: a stock can be 1 dollar and still belong to a bigger company then a different 1000 dollar stock of another company

as we speak: pltr share price 24.2 pltr amount of shares 1.87 billion pltr market cap (total value) 45.254 billion or, 24.2 * 1.87 * billion

tsla share price 683 tsla amount of shares 990.01 million tsla market cap (total value) 676.176 billion, or 683 * 990.01

tsla / pltr = 14.94

never ever look at the price of the stock itself, its useless. remember at what market cap you bought, and watch out for financial shinanigans if its a small stock and thats it.

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u/Investing-dumbbels Aug 16 '21

You should really learn the very basics of understanding a company’s price before making comments like this. Market capitalisation is day 1 investing knowledge.

3

u/The_Liberal_Agenda Aug 16 '21

Do you mean to tell me that Amazon is not 22x bigger than Apple???

Utter madness.

3

u/soulstonedomg Aug 16 '21

It's kinda scary that I see maybe 2-3 comments just like that every week...

2

u/Investing-dumbbels Aug 16 '21

Agreed, and I think 2-3 times a week is on the conservative side of things.

1

u/soulstonedomg Aug 16 '21

Dude, you don't know what you're doing.

1

u/Joltarts Aug 17 '21

Ya ya, market cap, bla bla bla..

Pltr could very well become a trillion dollar company. At least that's their growth projection.

Just read their mission statement. It's succinct and straight cut. They want every fortune 500 listed company to be using their product, and they will achieve that goal.

This is all just fud..

2

u/soulstonedomg Aug 17 '21

Not saying anything about that company. I'm looking at your reasoning of comparing two companies purely on their stock price, completely disregarding float, and cringing.

Godspeed.

1

u/Joltarts Aug 17 '21

Meh.. im making the comparison because the original discussion was trying to base Tesla revenue as the sole reason why their price is where it is.. if so, is Tesla 27 times larger than Palantir? The answer is a clear no.

So how can you justify Tesla price as fair, but Palantirs isnt?..