Is Palantir stock the next NVIDIA? A lot of people are calling for that. In this video, I am going to perform a PLTR stock analysis to find out whether Palantir stock is truly the best stock to buy now that can emulate the success of NVDA stock.
The company posted a solid earnings beat and raised guidance amid geopolitical tension.
The company reported earnings on Thursday, which beat expectations, while the company's guidance also outperformed expectations as well.
As we've seen this earnings season, forward guidance can make or break stocks. And as Palantir was founded as a counterterrorism technology platform that still gets a majority of revenue from government and military contracts, investors may be anticipating more demand following the tragic recent events in the Middle East last month.
A solid beat and raise from this software star
In the third quarter, Palantir grew revenue 17% year over year to $558.2 million, with generally accepted accounting principles (GAAP) net profits of $0.03 per share. Both figures beat expectations. Meanwhile, management gave fourth-quarter revenue guidance between $599 million and $603 million, with the midpoint exceeding analyst expectations for just over $599 million.
The quarter marked the fourth straight quarter of GAAP net income, which management was quick to highlight. Of course, the company's huge cash hoard of nearly $3.3 billion has enabled the software giant to earn a huge amount of interest income. Yet in contrast to prior recent quarters, Palantir's operating income -- without counting the interest income -- was also positive, at around $40 million.
So, watch the video till the end and let me know your thoughts in the comments.
If you like my video, Please SUBSCRIBE and don’t forget to press the bell🔔, 👍like, comment and share!
----------------
▶️ Join my VIP CLUB : [ Ссылка ]
-----------------
▶️My Other Videos:
Reach Financial Independence: [ Ссылка ]
Stocks: [ Ссылка ]
-----------------
▶️Notice: This video was made for informational purposes. The stocks and financial products mentioned in this video are not buy or sell recommendations.
Each investor must do their analysis before investing. Please seek personalized financial advice if you need it.
-----------------
#SuccessfulLifeInvesting #palantirstockforecast #willpalantirhit100 #palantirstockprice #stockmarketnews #stockforecast #stockpriceprediction #palantirstock #stockmarket #palantir
Is Palantir Stock The Next NVIDIA?
Теги
palantir technologies stock forecastpalantir stock price prediction 2030palantir stock price prediction 2025palantir stock price predictionpalantir stock forecast 2040palantir stock forecast 2025palantir future stock pricepalantir stock news todaypalantir stock buy or sellpalantir stock predictionpalantir stock forecaststock price predictionwill palantir hit 100palantir stock pricestock market newsstock forecastpalantir stockpalantirstock