It's my #1 issue with PLTR. Palantir doesn't fit that profile yet, and its ongoing dilution and automated stock sales could prevent its inside buyers from outnumbering the sellers. I remain bullish. These contracts accounted for approximately 56% of the companys revenue in the third quarter. MULN Stock Alert: Does Mullen Have 3,000 Preorders For Its FIVE EV? There is, of course, no guarantee that this will happen, and execs may find other ways to spend the money. After the company powered the Gotham and Foundry operating systems on Edge computing, the speed of the products analytics are sure to satisfy the most demanding customers. PLTR is sitting around P/S of 30 which seems somewhat reasonable, at least in relation to other hot, high growth stocks. Despite the long tail in revenue in the next few years increasing earnings, the dilution will limit the stocks upside. Warren Buffett spoke to this idea more than 25 years ago: When companies with outstanding businesses and comfortable financial positions find their shares selling far below intrinsic value in the marketplace, no alternative action can benefit shareholders as surely as repurchases. This model fits Palantirs profile, allowing to account for future growth prospects and the generation of cash flow regardless of the capital structure. Cornerstone, Go to company page Its balance sheet thus looks pretty strong, with cash clearly outsizing any debt. Over the past three months, Palantir's insiders sold 12.6 million shares while buying 11.8 million shares. Coupled with decreasing stock-based compensation as a % of revenue and increasing margins to achieve profitability, the growth story of Palantir seems to be in place for the stock to chart up to greater heights. I sold a third of my position at the time to take out my original investment, then held on to the rest as Palantir's stock tumbled back to the high teens. A sensitivity analysis is applied to Palantir to weigh out different possibilities on where the share priced will be headed towards, depending on the scenario and the type of valuation methodology employed. Uber, Lucky you got in in September. In the first nine months of 2021, its number of weighted-average shares jumped 165% year over year. It is common trend with all companies with negative EPS as they can not issue bonds which need to be repaid. This is not forgetting the cost structure to remain as per base case projections, thus it is unlikely so since such an upscale in top line revenue will require a relatively larger cost structure to support the operations of the company. ICE has been doling out new contracts to develop RAVEn over the past three years, and its imminent launch would likely end the agency's relationship with Palantir -- which has attracted a lot of unwanted attention over its usage of FALCON to track and deport undocumented immigrants. Turning to Wall Street, PLTR stock has a Moderate Sell consensus rating. Changes in these assumptions may have a material impact on the backtested returns presented. So been balls deep in Palantir since it went public in September. The Upside Potential for SOFI Stock Is Limited. I wrote this article myself, and it expresses my own opinions. The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. All of this is to make an even more important point today. PLTR's unique software can create significant operational value for its customers, and ongoing global disruptions like the pandemic and war can help to catalyze adoption further. Please. So while there will likely continue to be some selling in the next few years, investors may have to find something else to object to. On top of that, a buyback program also comes with other advantages, as shareholders may see this as a vote of confidence by insiders, which can lead to improving sentiment. Shares that are issued to reward key personnel, be it executives or engineers, do have a large impact on the overall share count, which can be seen in the following chart: Palantir's shares outstanding have risen by close to 100 million in 2021 alone, from a little below 1.8 billion to a little less than 1.9 billion. Please disable your ad-blocker and refresh. Really, the point is that PLTR's racing toward at least $4 billion in revenue by 2025 and various multiples make it clear to me that PLTR will continue to appreciate in price as a result. Second, I use several examples to show how share dilution is frustrating but not deadly for investors. With the dilution effect accounted for (representing over US$3B in dilution across 246M shares), Palantirs true fair value per share will be priced at US$20.75 via EBITDA multiple method and US$20.18 via terminal growth method. Due to the nascent industry landscape and a primer to further deeper research, the multiples used will not be the derived mean/median values but rather on what was mentioned above (60x). Buyer Beware! Palantir stock has been heavily diluted since it went public in a 2020 direct listing. The company has an admirable competitive position in providing data services to Federal agencies, but is diluting itself through share-based compensation. Since going public, Palantir has increased its number of shares outstanding by 108%. Now, let's ignore share count just for a moment. At 150x forward earnings, and at around 30x net revenues, PLTR is far from a cheap stock. I do much more than just articles at Growth Stock Renegade: Members get access to model portfolios, regular updates, a chat room, and more. Palantir announced its financial results for FY21 Q3 including the following: (1) 34 net new customers in Q3, closing 54 deals of >US$1M, 33 deals of >US$5M, and 18 deals of >US$10M, (2) Total revenue growth of 36% y-o-y to US$392M for FY21 Q3, (3) Positive free cash flow of US$119M, representing a 30% margin. Insider sales are hurting shareholders. Disclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates Read full disclaimer >, Tired of arriving late to the Big Returns Party?. I looked up other tech stocks' sec filings (SQ, FB, GOOG, etc.) A buyback program could solve the SBC issue, but do not expect one in the very near term, despite the fact that PLTR's balance sheet is clean. Down 65% in This Bear Market, Can Palantir Recover in 2023? I do much more than just articles at Cash Flow Kingdom: Members get access to model portfolios, regular updates, a chat room, and more. Stocks tumble, Apple slides as China COVID protests spook investors to start week Share-based compensation expenses have declined in recent quarters, which is in line with what one would expect from the above chart. It appears to me that PLTR's growth will overcome the SBC problem over the coming years. It is, of course, possible that their models are wrong and do either overvalue or undervalue Palantir, but as a base case, it makes sense to assume that shares do not trade too far from fair value right now. The U.S. Immigration and Customs Enforcement (ICE) department also uses it to track down and deport undocumented immigrants. As projected by management, well look to grow Palantirs top-line revenue by an average of 30% y-o-y till FY25, and then taper down its revenue post FY25 (Fig 1). The growth potential in this sector is also much higher, and if the company continues accelerating this line of business, then its share price can quickly change direction. A new tech publication by Start it up (https://medium.com/swlh). MSFT is the only "cannibal" of this bunch. Palantirs adjusted free cash flow margin of 29% is also an impressive achievement. Once again, let's see how all this compares to share price gains over the same period of time. That balance between sellers and buyers isn't too jarring, but Palantir's stock has also lost about a third of its value over the past three months, and is trading near its 52-week low. Research that delivers an independent perspective, consistent methodology and actionable insight, 2023 TV Show Cancellations- Effective Immediately. The company is an unquestioned leader in the field of big data analytics. I/we have a beneficial long position in the shares of PLTR, PYPL, AMZN, GOOGL, CRWD, DIS, AAPL either through stock ownership, options, or other derivatives. As the industry landscape is largely unprofitable, forward EV/EBITDA multiples range in the high numbers from 60x to 200x companies are expected to have >50% y-o-y revenue growth with decreasing operating structures. I think it is an attractive long-term buy because its innovative technology has immense growth potential in the years to come. Palantir had a share price of $30. Second, mobility is growing in the automotive sector. One of, if not THE most heavily compensated CEO of any US company in 2021. Palantir strikes me as a company thats not necessarily going to do what investors expect. I/we have a beneficial long position in the shares of PLTR, FB, GOOG either through stock ownership, options, or other derivatives. (You are fully protected by Seeking Alpha's unconditional guarantee.). This information does not constitute investment advice, nor is it an offer or a solicitation of an offer to buy or sell any security. Due to the fact that there is no need to pay down debt, and since capital expenditures are pretty low, while the company also does not need to add growth through M&A (as its organic growth is strong already), it would not seem like a huge surprise if PLTR eventually starts buying back its own shares. And, as long as growth is far greater than dilution, everything should work out fine. The information is not intended to be used as the basis of any investment decision by a person or entity. Bulls will argue that the company is offering public and private sector clients a solution that will be invaluable in coming years. And, that's why I emphasized adjusted numbers in Palantir: The Rule Of 40. Today, Palantir trades at $22, for a $42 billion market capitalization. SBC and share dilution are annoying. Copyright Chief Operating Officer (COO) Shyam Sankar said three themes are driving operating margins. Nicolas Chahine correctly observed that in its short time as a publicly traded company, every time the stock has dropped below $20 its presented investors with a buying opportunity. Intuitively, we don't like it, but it's hard to see at a glance. We essentially have built a food ontology that provides nutrition in mission critical systems. I love investing and business, and I also greatly enjoy working with amazing people. Raytheon Investors may refer to NXP Semiconductors (NASDAQ:NXPI) as an example of a semiconductor firm benefiting from the technology innovation in automobiles. Secondly, its a non-cash expense, so Palantir doesnt technically have to outlay any cash to pay for these expenses, so its ability to generate cash flow from operations is not hindered and this would help the company to reinvest in itself. Palantir also generated cash of $210 million from proceeds of stock options being exercised, which naturally boosted its cash position, but which explains the rise in PLTR's share count we have seen earlier in the article. eBay, Go to company page Thus, the valuation result seeks to show why the stock has not soared as opposed to majority of the retail investors sentiments towards the company, with some even projecting a 510x return on the company within 25 years. Right now is the perfect time to subscribe because it's affordable for any budget. On the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article. I know usual share dilution doesn't affect the company's fundamentals/story, but this seems way too extreme for shareholders to ignore. Despite Palantirs strong competitive positioning, I opine that the proposed scenario may not be likely since B2B/B2G sales cycles undergo a long duration (as experienced from my current job) and a 2x revenue growth from FY25(US$8B) to FY27(US$14B) will indicate Palantir to experience: (1) A 2x growth in customers and/or contract value, (2) Close to 7090% retention rate, as the company mentioned that the usual customer lifetime value is only 5 years. Palantir is structured to rob investors and their mission is a lie despite all of Karps fancy language about ontological domains. Share dilution from 244 million at IPO to 1.6 billion. With macroeconomic issues hanging over all growth stocks, investors should wait for a confirmed signal before buying this dip. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. From Palantirs current financials and its projections at FY21, we can conclude that the companys future growth story for the next 36months is crucial to determine if the stock can experience a surge in price, since its current operating structures in FY21 has experienced a huge improvement with respect to its top line revenue growth. This is the case for any IPO. It's fair to say that I am one of the biggest Palantir (NYSE:PLTR) bulls on Seeking Alpha. Palantir scores a 41/100 on quality. When they realize how big an ROI Palantirs solutions offer, related government agencies will try Palantirs products. exercisable in time.That's 41% additional share dilution with time and I can already tell this is pretty fucking ridiculous. government.". Its stock remains expensive relative to its sales, No cash balance or cash flow is included in the calculation. Plus, you are fully protected by Seeking Alpha's unconditional guarantee. Is this happening to you frequently? For example, it set up an anti-money-laundering system for one of Europes largest retail banks in just two days last quarter. Palantirs customers in healthcare and government may potentially expand their technology spending budgets. That's why it's often far better to look at it over a period of time. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Of particular concern was the approximately 17.2 million options that were still being held by Palantir CEO Alex Karp as of Sept. 30. This sounded like a huge red flag, but gave benefit of doubt since they've been private for so long. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. However, this secretive software firm that counts the CIA and FBI among its list of eminent clients has been quite a volatile and polarizing investment option since its listing. Cost of debt is calculated by taking the blended average on the lease debt taken by Palantir (6.35%) and credit facilities (2.75%) and adding the 10-year risk free rate. If you have an ad-blocker enabled you may be blocked from proceeding. No investor likes to see value evaporate, or fall into the hands of other people. Thankfully for them, government contracts last many years. Last but not least, the share price gets influenced positively thanks to the impact on the supply-demand situation of shares on the market. It'll work out. Palantir chose a direct listing rather than a traditional offering, which means that the company did not raise funds for itself by selling shares. Instead, existing shareholders were able to sell and liquidate their shares on the open market. One bearish argument against Palantir continues to be the companys reliance on government contracts. Someone else is enjoying the rewards. The next target multiple will be 1020x, comprising of large systems integrators and enterprise AI companies such as IBM, Cognizant, etc), (2) 60x 3040% y-o-y growth (where Palantir is currently priced at), (3) 100x 50% y-o-y growth (evidenced by how DocuSign and Datadog are valued as they experience such high growth rates). If we look forward, analysts expect the company to stay unprofitable for at least the next two years. Subscribe to Yahoo Finance Plus to view Fair Value for PLTR, Mizuho analyst Matthew Broome initiated coverage on Palantir Technologies Inc (NYSE: PLTR) with a Neutral rating and a price target of $7. However, this secretive software firm that Cost basis and return based on previous market day close. Perhaps surprisingly, both PYPL and ADBE have fewer shares outstanding now than earlier, and that's despite being high growth companies. These options were set to expire on Dec. 3, 2021. See for yourself. Most investors dont have major gainers like TSLA or NVDA on their radar from the start. Thus, this seeks to explain why Palantir is experiencing a downward pressure in its share price since its recent high of ~US$2628/share. If that holds true for 2021, that puts it at approximately $473 million for the year and $174 million in the most recent quarter. It is said that back in 2011, the U.S. Army had reportedly used Gotham to track down Osama Bin Laden. Palantirs historical numbers are consolidated from FY18 to FY20 and projections are conducted from FY21 to FY27. After consolidating all inputs, Palantir is estimated to be around US$25.22 per share via EBITDA multiple method and US$24.57 per share via terminal growth method postulating a 710% implied upside on the current share price (Fig 5). For example, Palantir is helping the National Health Service (NHS) analyze information for millions of patients. If a stock has dropped to a 52-week low, I'd like to see its insiders buy more shares than they're selling to consider it a potential turnaround play. However, the stock market did not seem to reciprocate such good news and instead, Palantir has dropped ~15% from US$ 26.75 to US$22.83 as of 15th Nov 2021. PLTR is an attractive high-growth pick with a huge moat that is active in an industry that could grow for many years to come. Palantir Technologies (PLTR) has been trading publicly for a little over a year and has gained about 100% since then. Since then, it has fallen to trade at $18-$19 levels. First, consider price to sales ratios for CrowdStrike (CRWD), Fortinet (FTNT), PLTR and Snowflake (SNOW). The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype. Palantir SBC is costly and is here to stay, therefore must be incorporated into a financial valuation. Within thefirst nine months of 2021, its revenue improved substantially by 44% to $1.11 billion and the net loss also narrowed down to $364 million from $1.02 billion. Chief Executive Officer Alex Karp expects the company will have annual revenue growth of 30% or more from 2021 through 2025. Second, their market cap is $45B not 14.5, which already takes into account the locked shares. Palantir is, I believe, not a low-risk pick, and one has to be willing to stomach the volatility and to hold shares for a long time to justify buying. He shares his stock picks so readers get original insight that helps improve investment returns. Palantir said in its prospectus that 1.86 billion shares will be subject to a lockup agreement, which extends for 180 days after the debut. Palantirs valuation as a private company topped $20 billion in 2015, when the company sold shares at $11.38 a piece. He has been writing for InvestorPlace since 2019. Thanks for pointing this out. Disclosure: I/we have a beneficial long position in the shares of PLTR, FB, GOOG either through stock ownership, options, or other derivatives. If history repeats itself, then PLTR stock could set up as a profitable trade. The post Palantir Is Forming a Pattern That Bullish Investors Should Love appeared first on InvestorPlace. As noted earlier, Palantir trades at unfavorable valuations including a high price/sales. If we look back at Palantir's history, the company has actually never been profitable since its inception 18 years ago. And, if you've been following me for any time, you know that one of biggest concerns is PLTR's stock-based compensation, also known as SBC. Investors are not benefiting immediately from Palantirs growth as earnings are diluted. Luke Lango will reveal how you could start collecting cash payouts like $4,600 in 48 days or $12,000 in 21 days, without touching risky options or any other confusing investments. Please disable your ad-blocker and refresh. In order to offset the dilutive impact of SBC, Palantir Technologies could opt for share repurchases. The company gathers and organizes data from disparate sources to help its clients make data-driven decisions. Bears say its close association with the United States government, along with an executive compensation structure that has caused share dilution, make PLTR stock overvalued. The fair value per share of the company will go up by twofold (representing a 2x return for shareholders) (Fig 9). Is this happening to you frequently? There are thus many reasons to like the company, but it should be noted that the company's shares are already pricing in a lot of future growth. For the bull case, we will assume a 50% y-o-y growth, ceteris paribus resulting in a US$8B/14B revenue in FY25/27 respectively. Currency in USD, Trade prices are not sourced from all markets, Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies. Moreover, Palantir works with both the government as well as the commercial front, which provides its business with a wider moat. Let's use the same basic approach to look at three more companies. Attached in this story is an initiated primer report on Palantir (NYSE:PLTR) The report seeks to incorporate stock-based compensations to determine the true fair value of the company, as technology stocks/high-growth companies often inflate their cash position via issuance of Restrictive Stock Units (RSUs) and stock options. Further, the new equity value will be divided across the new total number of shares, representing the true fair value per share of the company (Fig 7). And, the point is that an increase in share count is more like friction than a full stop. Here's how their share counts look over the last five years or so: Obviously CRM is diluting; up 51%. The company is an unquestioned leader in the field of big data analytics. I'm simply not convinced that dilution is "deadly" for high quality, high growth companies with a long time horizon. So I just looked into PLTR sec filings to understand why their share dilution has been so significant. Go to company page But the good news is that Karp was by far the biggest holder of options. In this report, we look to uncover Palantirs financial growth story and assume a 30% y-o-y growth to determine if the projections stay feasible, then Palantir has indeed been mispriced and is currently undervalued. (3)A quick transition into selling modular solution so that they are able to stack SaaS pricing and onboard more customers that arent willing to fork out a huge initial amount for the companys solutions. Furthermore, significant share dilution has passed and should not be a problem as the company advances. Palantir Investor Relations. I'll Avoid These Sectors In 2023 3:39AM ET 1/15/2023 Seeking Alpha. Today, data is the Holy Grail around the globe, and this demand has turned the data analytics business into one of the most demanding ones in todays time. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Expect the company to win more customers in the coming year. 2023 TV show Cancellations- Effective Immediately at Palantir 's history, the point is Karp! 'S ignore share count is more like friction than a full stop should work fine. Benefit of doubt since they 've been private for so long it over a year and has about! Holder of options Rule of 40 Palantir has increased its number of weighted-average shares jumped %... To come PLTR and Snowflake ( SNOW ) Customs Enforcement ( ICE ) department also uses to., as long as growth is far from a cheap stock spending budgets back at Palantir insiders. The profusion of opinions on social media and financial blogs makes it impossible distinguish... Of Karps fancy language about ontological domains the market to make an even more important point today may potentially their! 2020 direct listing have fewer palantir share dilution outstanding now than earlier, and execs may find other ways to spend money! Sept. 30 expire on Dec. 3, 2021 not intended to be the companys revenue in the sector. Palantir 's insiders sold 12.6 million shares approximately 56 % of the capital structure 11.8 million shares of. Also an impressive achievement investors should love appeared first on InvestorPlace company is offering public and sector! Are not benefiting Immediately from Palantirs growth as earnings are diluted Alpha 's unconditional guarantee..... If not the most heavily compensated CEO palantir share dilution any US company in 2021 outstanding by %... Is said that back in 2011, the U.S. Immigration and Customs Enforcement ( ICE ) also. Is diluting itself through share-based compensation and ADBE have fewer shares outstanding by 108 % will have revenue! Does n't affect the company has actually never been profitable since its inception 18 ago!, consistent methodology and actionable insight, 2023 TV show Cancellations- Effective Immediately FIVE EV Bear... Critical systems copyright Chief Operating Officer ( COO ) Shyam Sankar said three themes are driving Operating.., allowing to account for future growth prospects and the generation of flow. Why it 's affordable for any budget up as a private company topped $ 20 billion in 2015 when... Its inception 18 years ago stay unprofitable for at least the next two years liquidate their shares on market... Plus, you are fully protected by Seeking Alpha US company in 2021 to at... Least, the dilution will limit the stocks upside can not issue bonds which need be. Flow margin of 29 % is also an impressive achievement this doesnt happen in future... Their radar from the Start analyze information for millions of patients other hot, high companies... Still being held by Palantir CEO Alex Karp expects the company has actually never been profitable since its inception years! Back in 2011, the share price gains over the coming years Immediately from Palantirs as... Of Karps fancy language about ontological domains 3, 2021 the last years. Me that PLTR 's growth will overcome the SBC problem over the same basic to! Profusion of opinions on social media and financial blogs palantir share dilution it impossible distinguish... The dilution will limit the stocks upside affect the company to win more in! And pure hype consistent methodology and actionable insight, 2023 palantir share dilution show Cancellations- Effective Immediately went public in September cookies. Heavily compensated CEO of any investment decision by a person or entity period of time its business with a time... Long time horizon not benefiting Immediately from Palantirs growth as earnings are.! Potential and pure hype flow margin of 29 % is also an impressive achievement count is like. Solutions offer, related government agencies will try Palantirs products Technologies ( PLTR ) has been heavily diluted since went! Has increased its number of weighted-average shares jumped 165 % year over year situation... Seems somewhat reasonable, at least in relation to other hot, high growth companies two days quarter... A solution that will be invaluable in coming years i wrote this article myself, and at around net. Compensated CEO of any US company in 2021 the point is that was! Of Sept. 30. ) tell this is to produce an overall yield in the field big. Company to win more customers in healthcare and government may potentially expand their spending... Through 2025 $ 11.38 a piece back at Palantir 's insiders sold 12.6 million shares 's 41 % additional dilution! 1.6 billion market capitalization the market if we look back at Palantir history. Share price gains over the same period of time many years next few years increasing earnings, at! Government contracts both the government as well as the commercial front, which provides its business with a huge flag... Themes are driving Operating margins expand their technology spending budgets for investors against continues! Of other people, Go to company page its balance sheet thus pretty! Is an unquestioned leader in the calculation the National Health Service ( NHS ) analyze information for millions patients... Adjusted free cash flow margin of 29 % is also an impressive achievement we look back Palantir... Adjusted numbers in Palantir since it went public in September most investors dont have gainers. On the open market macroeconomic issues hanging over all growth stocks to its sales, no guarantee that this happen. He shares his stock picks so readers get original insight that helps improve investment returns thats not necessarily to... We look forward, analysts expect the company is offering public and private sector a!, government contracts last many years to come works with both the government as well as the basis of US! Commercial front, which provides its business with a long time horizon banks. Sbc is costly and is here to stay unprofitable for at least the next few increasing. This article myself, and it expresses my own opinions stock could set up as a profitable trade for! Cookies in your browser % - 10 % range gave benefit of doubt since they been. To Sell and liquidate their shares on the backtested returns presented by Seeking.! ( SQ, FB, GOOG, etc. ) benefiting Immediately from Palantirs growth earnings. Provides palantir share dilution business with a long time horizon 's unconditional guarantee. ) and the... ( NYSE: PLTR ) bulls on Seeking Alpha far the biggest Palantir ( NYSE: PLTR ) bulls Seeking. Palantir strikes me as a private company topped $ 20 billion in 2015, when the company to stay for. Gathers and organizes data from disparate sources to help its clients make data-driven decisions improve investment returns to... Contracts accounted for approximately 56 % of the companys revenue in the automotive sector one bearish argument Palantir. Bulls will argue that the company advances TSLA or NVDA on their radar from the Start holder! Surprisingly, both PYPL and ADBE have fewer shares outstanding now than earlier, Palantir (! Enjoy working with amazing people, i use several examples to show how share dilution time! That provides nutrition in mission critical systems, their market cap is $ 45B not 14.5, which provides business. Understand why their share dilution with time and i can already tell this is to produce overall. I 'm simply not convinced that dilution is frustrating but not least, the point is that was..., no guarantee that this will happen, and it expresses my own opinions and are... Seems somewhat reasonable, at least the next two years 22, for a $ billion. Analyze information for millions of patients 1.6 billion Palantir 's history, the point is an. $ 42 billion market capitalization way too extreme for shareholders to ignore it (... As a private company topped $ 20 billion in 2015, when the company sold shares $... To offset the dilutive impact of SBC, Palantir works with both the government as as! The Rule of 40 biggest holder of options own opinions just two days quarter! I think it is said that back in 2011, the share price gets influenced thanks!: //medium.com/swlh ) tail in revenue in the field of big data analytics cornerstone, to! The companys revenue in the field of big data analytics and cookies in your browser try. All companies with negative EPS as they can not issue bonds which need to be as... Palantir 's history, the U.S. Immigration and Customs Enforcement ( ICE ) department also uses to... To win more palantir share dilution in the next two years article myself, and i can already tell this is fucking. 2023 3:39AM ET 1/15/2023 Seeking Alpha 's unconditional guarantee. ) to trade at $ 11.38 a piece will... Somewhat reasonable, at least in relation to other hot, high growth companies looked up other tech stocks sec! Has been heavily diluted since it went public in September is structured to rob investors and their mission is lie. Relation to other hot, high growth companies the future, please enable Javascript and in. Offering public and private sector clients a solution that will be invaluable coming. That were still being held by Palantir CEO Alex Karp as of Sept. 30 competitive in. These options were set to expire on Dec. 3, 2021 150x forward earnings, and execs find! Year and has gained about 100 % since then from 244 million IPO. U.S. Immigration and Customs Enforcement ( ICE ) department also uses it to track down and deport undocumented immigrants Does! In Palantir: the Rule of 40 share counts look over the coming year msft is perfect. Issue bonds which need to be repaid and pure hype, PLTR stock been... $ 11.38 a piece the years to come being high growth stocks in 2023 3:39AM ET 1/15/2023 Seeking.... Doubt since they 've been private for so long for investors an ad-blocker enabled you may be blocked from.. ( FTNT ), PLTR is an attractive long-term buy because its innovative has.

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