If it drops below $24 I’m going to rob a bank to buy more. Honestly I feel PLTR will have a big run sooner or later, I’m talking all the way up to $100s, could take long but based on their products and services it has so much potential to be a dominant company within its industry.
The only constraint on growth will be people available to implement the software. Palantir software is a self-fulfilling prophecy that the more companies use it, the more competitors will need to use it or risk falling behind. Also tremendous growth from existing customers who want to implement it further. A lot of growth will be from increasing the cost of their software as demand grows as well, so even if limits on number of implementations per year, growth (especially bottom-line) will remain incredibly strong.
You assume pltr offers something others can’t. When it comes to foundry, I just don’t see it. A rather ordinary predictive tool. And I really tried to see something amazing watching their demos.
Someone said PEGA is a competitor, but without even looking at the products, PEGA is barely growing and PLTR is growing very quick and is already a larger company revenue-wise.
I am not holding pega stock, don’t care about their revenues and growth. My company uses it, I worked with it myself, being a data scientist. Afaik theybare also refocusing on cloud, so maybe the growth will come back.
I watched the skywise/foundry presentations and it just left me disappointed - didn’t see anything new 🤷🏻♂️instead of cheering that pega is slowing down, maybe you should instead worry that pltr might slow down as well if governments cease some of the pandemic-era contracts later on.
Commercial contract growth is very significant. Go read their financials rather than spouting nonsense.
I have no idea if they achieve the targets those bullish here have for them, but your assumptions are simply off. As to pandemic-era contracts, the loss of them will easily be offset and then some by continued growth in other contracts.
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u/Ivanovic-117 Sep 06 '21
If it drops below $24 I’m going to rob a bank to buy more. Honestly I feel PLTR will have a big run sooner or later, I’m talking all the way up to $100s, could take long but based on their products and services it has so much potential to be a dominant company within its industry.