Good analysis. I think the price will reach $50-$60/share by the end of 2025. The reason being is that I believe we will see a big acceleration of revenue growth from all the bootcamps they’ve been doing. We’ve just started to see an increase and a lot of people think we will get close to 30% growth next quarter. I believe in 2025 the company will grow 30+% and may have a quarter or two where they’re growing closer to 40%. Just my thoughts but either way, I’m in it for the long long hall. Cheers and nice video
I also think earnings will grow quicker than revenue which will justify the valuation, albeit $60 would be expensive and that’s the upper end of where I think the stock could trade
Thanks Parkev, great analysis, as always you lay out your thinking very clearly which is super helpful. My view: Based on everything I've heard, I think the 50% growth rate is probably a good estimate, possibly a bit conservative when looking at a 3-5 year time horizon. Good news for PLTR is I think customer spending would continue to be robust even if the economy slows a bit as customers see value in PLTR solutions. My concern is the multiple - this is the type of stock that will see a severe short term pullback in multiple if consumer confidence wanes, which will probably occur to some degree at some point in the next 18 months. See NVDA - which pulls back sharply as buyers get nervous, even as their earnings continue to soar. My read would be there will be some turbulence, but as a long term investor, I may take some profits around $40 and $50, but I generally remain bullish due to the excellent growth prospects and favorable customer feedback. Conversely, if the market overreacts to some spurious event, I will likely become a trader, buying back in if the stock drops 30% or so from highs while the underlying growth rate continues to be strong.
I bought it for $14 a year ago and will also hold it for long term as well. I just read that B of A maintained its strong buy rating with a price target of $40-$45 by year end 2024.
Thanks once again Parkev for being on the ball with your analysis, with clear jargon-free explanations and reasoning. One factor I like which I think will work well in Palantir's favour is the inclusion into the S&P 500 which means they'll be more funds buying the stock on a regular basis, so should firm up the price nicely. Of course their products, strategy and customer retention/growth will play a bigger role.
i think 39-43 seems a bit low, considering we're already at $35/share now. If they continue to be profitable, which is presumably the case since they seem to have changed over to profitability and have have a large number of customers/future business. Just a thought, NFA
I think Palantir is a little too overvalued. I just sold some shares and going to wait until it drops to a lower price. Just looking at the high PE ratio is making me a little worried. From a psychological perspective the stock is approaching the previous high when the company was overvalued a few years ago so I can see it temporarily plateau or dip down. I would feel more comfortable purchasing more When the stock dips or reaches a forward PE valuation of 50-60.
Nice post and explanation. Not long ago I sold my 500 shares of Palantir at $32 + with the expectation after the zealous climb there would be a correction to $27 or $25 or close to $21 where I got in; then I would repurchase the stock and buy additional share. LOL at me. That didn’t happen (or at least yet). Interesting stock and company is attracting attention of die-hard believers, not just stockholders. Hopefully it will correct 15% to 20% and I will get back in. Palantir - doesn’t follow the normal mode of stocks because it has a “following.”
I think the EPS is going to increase well above estimates. I also think with the rate cuts people will continue to invest I. This stock. I don’t seee P/E changing. If it does I believe the EPs will be stronger than any downturn in PE. The end.
A blended average of several valuation methods could be best for complete due diligence. That said, DCF (discounted cash flow) is usually very helpful.
Earning per share is a tricky figure. The company can influence this number by share buy back. We better look for the P/E ratio. I think that PLTR earnings prospect is getting better due to its AI SW capabilities. So P/E above 60-80 is not unusual for high growth company like PLTR
Sold at 22 earlier this year because the p/e was to high. Traded it for NVDA. Id buy it back around 30 if its cose to when i take profits from NVDA 150ish
@@mshparberafter seeing the results of the Q2 results. I'm afraid it won't go past 155 before it dips to 110 again. Q4 should have good Blackwell funds to help it to 200s. Basically a few nice times to take profits and reposition before it hits 235 in 2026 sometime.
@@azrielshacham6829I made 30% on other stocks since I sold. Can't say it was a bad move. Regardless if I sat on it all year or not. My portfolio is within 10% of PLTR growth and that can change weekly🤷♂️
Theres 2 things that you might want to consider... of the 0.17 of EPS on TTM basis, 0.07 is coming from net interest income because of higher rates they are getting on their cash. If interest rates get cut and get cut deep, PLTR will be losing that high margin net income driver. Because the stock price is so elevated, buybacks will have alot less impact. The diluted sharecount is almost at 2.376B and growth at 13% yoy... The business has been paying alot in shares and hoarding cash. With this in mind, paying for something growing 30% yoy and giving forward PE of 80 is beyond rational. Most of the run up has come on the back expanded offerings at the pilot level... only time will tell how much of those they will actually convert. They have kept hiring down, while also increasing customer count is a bit perplexing but I guess we'll see.
I really like your well rounded analysis of businesses and your neutral demeanour irrespective of market direction. Much appreciated. I have a question, however. I have always understood forward PE to be defined as current price divided by EPS projection. You're multiplying the EPS projection by forward PE, then shouldn't you get back the stock's current price? The surprising thing is that you don't, possibly because you take forward PE from ycharts and eps projection from yahoo. That introduces some inconsistency, I guess. I am grappling with the conceptual aspect of your calculations. Would appreciate some insight, prof.
Thank you for your question. I recommend watching my video titled "When should you sell nvidia stock" that I did a few days ago. I talk about this EPS/forward P/E concept a good amount there. Let me know if you still have questions after watching that.
@@parkevtatevosiancfa9544 That video is what brought my awareness to the EPS/forward P/E variables but I'm still having trouble with understanding the relationship and how one affects the other. I'll have to go back and take more notes. I need EPS/FORWARD P/E for Dummies!
I think growth rate is going to go up, especially when someone who works for a partner company as a consultancy said the pivotal moment is going to be q4 of this year. he also has been right with his past prediction. my eps outlook with a 30% growth rate is at 0.5, valung this company between $40-60 with your pe multiple range.Another thing to factor in is, look at their operation income, not including interest income, its at a steady rise, so we dont know where the operating income margin will stop.
I agree with your calculations and prices but I think a looming recession will will hit by 1st quarter 2025 trim all stock prices by 15-20% by the end of 2025.
this is just a crazy investment at these prices. it will not take more than a market shake to at least freeze this thing at current levels. I believe low 20-25 is where it should be. But you know as long as there is someone else ready to pay more this will keep this unrealistic prices.
Well he is old, he saw charlie passed away maybe he wants some cash with him to enjoy life buy a well deserved new yacht, not necessarily that everything is going to crash.
I believe PLTR has had excessive stock based compensation in the past and continues this practice. This coupled with possible large blocks of stock being cashed in by employees in the future creates two problems going forward. Also, carries a stigma of too much government/military contracts though I don't think this matters. Therefore, I believe your price targets are too optimistic.
I been buying pltr since about 8$ and every time i think it’s time to start going short it proves me wrong. Seems like such a unique situation especially how the military uses. When you think about our world will be controlled and or protected by artificial intelligence and they are in a good position as things move forward. That’s not to mention the commercial applications helping corporations improve their bottom line. And of course a better competitor can come along but isn’t that the case with anything in a way. Sometimes people dca their way to nothing year after year dca dca every dip and the stock never recovers. That’s a different subject all together but awesome videos 🙏🏼 Thank you
Yes, very expensive. PE is woooooooow scary. Probably many short-termers will sell after or just before the earnings, and it’ll fall to so e reasonable number.
Considering they just got included in the snp500 well it actually takes place in a few weeks or so when it’s actually in, there should be lots of upward momentum due to forced buying from institutions. So I think your lower price may be a bit low even in a month from now
PLTR P/S is 30 while SNOW is 11. Pretty much the same growth rate. And PLTR also has SBC. Seems PLTR is a cult stock, a lot of buyers on boards I read seem to have a crush on the CEO Trout and think he’s super cool and groovy , but Snowflake no good because they say SNOW CEO is a bore.
You can't predict a stock price based off a couple metrics in a spreadsheet. If it was possible, everyone would do it and everyone would be a stock market billionaire.
Parkev, I'm a one stock man. I like to jump around a lot, and I'm up 48 .97 % on the year. Im debating Micron before earnings or just holding Palantir. What one would suggest is a better move? I was holding Redfin, but im taking my profits on that.
The stock price is only too risky if they are on a linear versus exponential “s” growth phase.Dr Karp seems to indicate a transformative phase, this his “10x” comment..
I’m trimming my position by 30% as it hits $38. Will redistribute that to Google, Amazon , TSMC. At some point I expect a correction in price. As it drops back down to a more attractive value, I plan to restore that position. If it keeps shooting for the moon, I still have 70% of my position to ride the wave
When a stock hits your previous estimate 1.5 years early you give it a 20% high side? Analysts have never understood this company, are working with their overlords and your figures discount even them (SOFI analysts are a great example of this commonplace manipulation). Agree PE is incredibly high but there’s so much exuberance. The market does not price on fundamentals in a lot of stocks. Will continue to DCA and pray the PE drops to 40x
PLTR reminds me of LULU. Was added to SP. highly overvalued. Been on a downhill ride since. Yet you can’t say anything bad about the company other then it got way to hyped PLTR I believe in the future will be crushed by every other MAG7 subscription model / over-glut of compute. PLTR has nothing that can’t be caught up to in an few years The only thing they have is gov contracts as Alex has been very vocal for his distain for other countries Leaders 😂
pltr is an irrational stock and will always be overvalued... the trajectory won't be the same as a normal growth stock.... look at how overvalued TSLA was when it 300/share before all the splits....yet now it is still about 3300/share...so the analysis is ok but wont' follow this
Good analysis. I think the price will reach $50-$60/share by the end of 2025. The reason being is that I believe we will see a big acceleration of revenue growth from all the bootcamps they’ve been doing. We’ve just started to see an increase and a lot of people think we will get close to 30% growth next quarter. I believe in 2025 the company will grow 30+% and may have a quarter or two where they’re growing closer to 40%. Just my thoughts but either way, I’m in it for the long long hall.
Cheers and nice video
I also think earnings will grow quicker than revenue which will justify the valuation, albeit $60 would be expensive and that’s the upper end of where I think the stock could trade
Great points. The bootcamps are going extremely well, and it could continue to accelerate growth. Thanks for sharing.
Try by end of 24
Thanks Parkev, great analysis, as always you lay out your thinking very clearly which is super helpful. My view: Based on everything I've heard, I think the 50% growth rate is probably a good estimate, possibly a bit conservative when looking at a 3-5 year time horizon. Good news for PLTR is I think customer spending would continue to be robust even if the economy slows a bit as customers see value in PLTR solutions. My concern is the multiple - this is the type of stock that will see a severe short term pullback in multiple if consumer confidence wanes, which will probably occur to some degree at some point in the next 18 months. See NVDA - which pulls back sharply as buyers get nervous, even as their earnings continue to soar. My read would be there will be some turbulence, but as a long term investor, I may take some profits around $40 and $50, but I generally remain bullish due to the excellent growth prospects and favorable customer feedback. Conversely, if the market overreacts to some spurious event, I will likely become a trader, buying back in if the stock drops 30% or so from highs while the underlying growth rate continues to be strong.
Thank you for sharing your thoughts, Steve.
I bought it 11 dollars, I think I bought it cheap enough to hold it for a long term.
I bought it for $14 a year ago and will also hold it for long term as well. I just read that B of A maintained its strong buy rating with a price target of $40-$45 by year end 2024.
@@chiefd3290 If it goes to 45, that would be so great! I lost so much during covid and this stock has been helping out to make up for the loss.
Lucky you
How many shares u guys have?
I put today 50,000 dollars at 39$ price
Reading the comments, you’re helping so many people! We’re all very lucky to have your thorough analysis to guide us!
Thank you!
I am lucky to have such a wonderful audience.
What would you recommend as a entry point for PLTR?
Thanks once again Parkev for being on the ball with your analysis, with clear jargon-free explanations and reasoning. One factor I like which I think will work well in Palantir's favour is the inclusion into the S&P 500 which means they'll be more funds buying the stock on a regular basis, so should firm up the price nicely. Of course their products, strategy and customer retention/growth will play a bigger role.
Thanks for sharing!
i think 39-43 seems a bit low, considering we're already at $35/share now. If they continue to be profitable, which is presumably the case since they seem to have changed over to profitability and have have a large number of customers/future business. Just a thought, NFA
I think Palantir is a little too overvalued. I just sold some shares and going to wait until it drops to a lower price. Just looking at the high PE ratio is making me a little worried. From a psychological perspective the stock is approaching the previous high when the company was overvalued a few years ago so I can see it temporarily plateau or dip down. I would feel more comfortable purchasing more When the stock dips or reaches a forward PE valuation of 50-60.
Thanks for sharing!
How can you look at PE valuations
For those who sold it, it's worth less than 35. For those who is still holding on, it's 150 and above.
Nice post and explanation. Not long ago I sold my 500 shares of Palantir at $32 + with the expectation after the zealous climb there would be a correction to $27 or $25 or close to $21 where I got in; then I would repurchase the stock and buy additional share. LOL at me. That didn’t happen (or at least yet). Interesting stock and company is attracting attention of die-hard believers, not just stockholders. Hopefully it will correct 15% to 20% and I will get back in. Palantir - doesn’t follow the normal mode of stocks because it has a “following.”
I think the EPS is going to increase well above estimates. I also think with the rate cuts people will continue to invest I. This stock. I don’t seee P/E changing. If it does I believe the EPs will be stronger than any downturn in PE. The end.
I like this guy's analysis. I would love for the price to be way higher than what he's forecasting. However, you can't deny his unbiased prediction.
It's way too early to be looking at PE for PLTR. A DCF will show you better results since the whole value of Palantir is terminal.
A blended average of several valuation methods could be best for complete due diligence. That said, DCF (discounted cash flow) is usually very helpful.
I’m going to wait until that price comes down. I own a few shares of PLTR I caught at 20 but I sold most of the shares I bought.
Not a bad idea.
Good call. You’ll have another chance to enter at 20
I wish
I would take a loan if it dips to 20
stop trying to time it, just DCA buy heavy on dips and dont sell for 20 years !
Earning per share is a tricky figure. The company can influence this number by share buy back. We better look for the P/E ratio. I think that PLTR earnings prospect is getting better due to its AI SW capabilities. So P/E above 60-80 is not unusual for high growth company like PLTR
Well said. Earnings prospects are getting better. However, I think it will be difficult for the P/E to rise much higher.
You are taking me by the hand you are teaching me a lot thank you
You are so welcome.
Sold at 22 earlier this year because the p/e was to high. Traded it for NVDA. Id buy it back around 30 if its cose to when i take profits from NVDA 150ish
Based on forward p/e that was “high” you sold the share at 22 and now its 34. Was it a good decision based on high p/e?
Hold NVDA up to $235 next EOY
@@azrielshacham6829 you can't predict the top and you can't predict the bottom. He wasn't greedy and made some good profit.
@@mshparberafter seeing the results of the Q2 results. I'm afraid it won't go past 155 before it dips to 110 again. Q4 should have good Blackwell funds to help it to 200s. Basically a few nice times to take profits and reposition before it hits 235 in 2026 sometime.
@@azrielshacham6829I made 30% on other stocks since I sold. Can't say it was a bad move. Regardless if I sat on it all year or not. My portfolio is within 10% of PLTR growth and that can change weekly🤷♂️
Exactly Parkev. It's too risky at this price.
Then you don't know how stocks work. Amazon's pe ratio not long ago was 250. It was 1000 at one time.
Great analysis as always Parkev. Would love to see your takes on APP and TMDX.
Need to wait patiently for the pullback
Theres 2 things that you might want to consider... of the 0.17 of EPS on TTM basis, 0.07 is coming from net interest income because of higher rates they are getting on their cash. If interest rates get cut and get cut deep, PLTR will be losing that high margin net income driver. Because the stock price is so elevated, buybacks will have alot less impact. The diluted sharecount is almost at 2.376B and growth at 13% yoy... The business has been paying alot in shares and hoarding cash. With this in mind, paying for something growing 30% yoy and giving forward PE of 80 is beyond rational.
Most of the run up has come on the back expanded offerings at the pilot level... only time will tell how much of those they will actually convert. They have kept hiring down, while also increasing customer count is a bit perplexing but I guess we'll see.
I really like your well rounded analysis of businesses and your neutral demeanour irrespective of market direction. Much appreciated. I have a question, however. I have always understood forward PE to be defined as current price divided by EPS projection. You're multiplying the EPS projection by forward PE, then shouldn't you get back the stock's current price? The surprising thing is that you don't, possibly because you take forward PE from ycharts and eps projection from yahoo. That introduces some inconsistency, I guess. I am grappling with the conceptual aspect of your calculations. Would appreciate some insight, prof.
Thank you for your question. I recommend watching my video titled "When should you sell nvidia stock" that I did a few days ago. I talk about this EPS/forward P/E concept a good amount there. Let me know if you still have questions after watching that.
@@parkevtatevosiancfa9544 thanks prof. I'll check it out and write back if needed
@@parkevtatevosiancfa9544 That video is what brought my awareness to the EPS/forward P/E variables but I'm still having trouble with understanding the relationship and how one affects the other. I'll have to go back and take more notes. I need EPS/FORWARD P/E for Dummies!
I think growth rate is going to go up, especially when someone who works for a partner company as a consultancy said the pivotal moment is going to be q4 of this year. he also has been right with his past prediction. my eps outlook with a 30% growth rate is at 0.5, valung this company between $40-60 with your pe multiple range.Another thing to factor in is, look at their operation income, not including interest income, its at a steady rise, so we dont know where the operating income margin will stop.
Could you make a video about SMCI stock performance. Most of your viewers and I would like appreciate your insights on SMCI
I agree with your calculations and prices but I think a looming recession will will hit by 1st quarter 2025 trim all stock prices by 15-20% by the end of 2025.
Hope not
this is just a crazy investment at these prices. it will not take more than a market shake to at least freeze this thing at current levels.
I believe low 20-25 is where it should be. But you know as long as there is someone else ready to pay more this will keep this unrealistic prices.
Amazing channel and great analysis. If you could do a video on why Buffet is selling stocks and piling up cash would be great. Thanks a lot
Noted.
Thanks a lot @@parkevtatevosiancfa9544
Well he is old, he saw charlie passed away maybe he wants some cash with him to enjoy life buy a well deserved new yacht, not necessarily that everything is going to crash.
I just wanna say, thank you Boss!
Any time!
Which is a better buy: Oracle or Palantir?
That would make for an interesting video idea.
Is there any big companies we can invest from INDIA i heard huge growth . Thanks
Should I go long or daytrade
I think Palantir and Nvidia sales will increase faster over the next few years than analysis are predicting.
❤😂🎉
I really appreciate your thoughts! 🤜🤛
Please give your view on Micron Technology please
My question is will it go down again before it goes up more?
Can you please kindly let me know your price prediction for Estée Lauder stock - EL , thanks in advance for
I believe PLTR has had excessive stock based compensation in the past and continues this practice. This coupled with possible large blocks of stock being cashed in by employees in the future creates two problems going forward. Also, carries a stigma of too much government/military contracts though I don't think this matters. Therefore, I believe your price targets are too optimistic.
I been buying pltr since about 8$ and every time i think it’s time to start going short it proves me wrong. Seems like such a unique situation especially how the military uses.
When you think about our world will be controlled and or protected by artificial intelligence and they are in a good position as things move forward.
That’s not to mention the commercial applications helping corporations improve their bottom line.
And of course a better competitor can come along but isn’t that the case with anything in a way.
Sometimes people dca their way to nothing year after year dca dca every dip and the stock never recovers.
That’s a different subject all together but awesome videos 🙏🏼
Thank you
Thanks for your videos, can you do Walmart stock ?
Awesome, Parkev!
Thanks! 😃
Can you please do video on RYCEY please. This has been going up since like last year.
earnings november 4, i'm debating locking in profits or holding out until then. it is extremely expensive from a P/E standpoint.
Yes, very expensive. PE is woooooooow scary. Probably many short-termers will sell after or just before the earnings, and it’ll fall to so e reasonable number.
It's now at 44 dollars. Do you have an update for this?
Considering they just got included in the snp500 well it actually takes place in a few weeks or so when it’s actually in, there should be lots of upward momentum due to forced buying from institutions. So I think your lower price may be a bit low even in a month from now
I thougt so as well as SMCI got included in S&P 500. But the the stock Price was ar its highest the Day before the actual inklusion 🤷♀️.
I got rid of my position in low 30’s. Good luck to the next owner. I can’t rationalize the current valuation.
PLTR P/S is 30 while SNOW is 11. Pretty much the same growth rate. And PLTR also has SBC. Seems PLTR is a cult stock, a lot of buyers on boards I read seem to have a crush on the CEO Trout and think he’s super cool and groovy , but Snowflake no good because they say SNOW CEO is a bore.
I’ll just hold and keep selling puts.
When will you buy PLTR ?
What would be a great price to buy Palantir?
A great price would be at a forward P/E of
Professor, can you analyze CURI?
Jim Kramer referred to it as a cold stock. Any idea what he meant by that?
Hi Evelyn, no, I don't know what he could mean by that. The stock is on fire, actually.
I think he said cult stock.
@@RussMasonVideos ah that makes sense! thanks!
You can't predict a stock price based off a couple metrics in a spreadsheet. If it was possible, everyone would do it and everyone would be a stock market billionaire.
Good one
Thanks for the visit
Parkev, I'm a one stock man. I like to jump around a lot, and I'm up 48 .97 % on the year. Im debating Micron before earnings or just holding Palantir. What one would suggest is a better move? I was holding Redfin, but im taking my profits on that.
hold PLTR
Professor can you please cover tesla? I don’t think I’ve seen one for a while on your channel
Great channel
Can you talk about medical properties trust stock?
buy NVDA for safety over PLTR. PLTR will rise and be less volatile
Can u do same for pdd
💯 agreed with your view.
The stock price is only too risky if they are on a linear versus exponential “s” growth phase.Dr Karp seems to indicate a transformative phase, this his “10x” comment..
Yahoo finance shows a 210 p/e today. Tesla at 64 and nvidia at 55. 210 is out there.
Sorry not getting my shares locked in a Roth IRA 3000 shares at $9.27?a share
aistockadvisor AI fixes this. Palantir stock price prediction 2025.
can you review cadl stocl please
can you make a video on sofi please
I’m trimming my position by 30% as it hits $38. Will redistribute that to Google, Amazon , TSMC. At some point I expect a correction in price. As it drops back down to a more attractive value, I plan to restore that position. If it keeps shooting for the moon, I still have 70% of my position to ride the wave
When a stock hits your previous estimate 1.5 years early you give it a 20% high side?
Analysts have never understood this company, are working with their overlords and your figures discount even them (SOFI analysts are a great example of this commonplace manipulation).
Agree PE is incredibly high but there’s so much exuberance.
The market does not price on fundamentals in a lot of stocks.
Will continue to DCA and pray the PE drops to 40x
Ahem
Ahem Ahem
I think it’s soooo overpriced. 206 PE ratio???. I like the company, but will buy when the price goes back to sanity $18 is my buying price
It was there, did you buy?
🤦♂
let's see smci again
And asml!
3545 Koelpin Springs
PLTR reminds me of LULU. Was added to SP. highly overvalued. Been on a downhill ride since. Yet you can’t say anything bad about the company other then it got way to hyped
PLTR I believe in the future will be crushed by every other MAG7 subscription model / over-glut of compute. PLTR has nothing that can’t be caught up to in an few years
The only thing they have is gov contracts as Alex has been very vocal for his distain for other countries Leaders 😂
Looking to buy more Palantir around $20-$22 in the next 3-4 months.
🤦♂
HI Parkev, please comment on the MU double downgrade today?
739 Eliseo Ramp
Aimee Estates
834 Adrien Square
I just don't feel comfortable about investing in this company. Seems like there is a storm coming.
People should have been buying and holding 7-10$ imo.
Fadel Pike
👎
snap please
Don't worry, I'm subscribed ...while a while now.
pltr is an irrational stock and will always be overvalued... the trajectory won't be the same as a normal growth stock.... look at how overvalued TSLA was when it 300/share before all the splits....yet now it is still about 3300/share...so the analysis is ok but wont' follow this
Because others treat the stock irrationally, doesn’t mean you should.
aistockadvisor AI fixes this. Palantir stock price prediction 2025.