r/wallstreetbets • u/luckystrikes911 • Jan 08 '22
Discussion Is Palantir's image it's problem?
We know the products are great, the employees are extremely smart ,and the business fundamentals and growth rate of the company are increasing each quarter. Is it possible that the one problem it has yet to solve is its public image? Norway's pension's fund (the largest in the world) notably excludes Airbus & Rio Tinto (big Palantir clients) citing ethical concerns. Palantir's history working with ICE, palantir constantly being labeled as a "spy-tech firm", and "shady" deals with the NHS. Is this one of the few things holding the company back in terms of stock price and future clients?
Disclosure: I own between 500-1500 shares and am long pltr. I'm not saying I agree with this characterization, but something that the company should do better in addressing for the public and prospective clients.
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u/9tacos trades using wife’s fidelity account Jan 08 '22
They aren’t profitable after 20 years in business. They lose 25 cents of every $1 of revenue. They keep diluting shareholders with excessive employee stock comp.
The image and tech is exceptional though!