Today’s Stock: Palantir Technologies Inc. (PLTR)Today’s Stock: Palantir Technologies Inc. (PLTR)
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham, a software platform, which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place.
My Thoughts 💭My Thoughts 💭
I need a need a shower after analyzing this stock. I only hear negative things about PLTR but one must wonder they must do at least one thing that is good for humanity right?
I don’t know and I too lazy to do the research to determine the morality of this company.
The only reason I own shares in this company is due to this experiment..
Let’s take a look at the fundamentals from a bitcoin perspective!
At 193.5k sats per share ($67,731), and no dividend one must hope this stock continues to grow at least 20% to 50% compound annual growth to justify dumping sats for this very shady company.
The company trades at a PE 192 which means investors are paying $192 to access $1 of earnings.
Extremely expensive stock!
Let’s review some key fundamentals to determine if this stock is worth spending sats on.
PE:PE:
Expected Growth:Expected Growth:
Revenues and expenses:Revenues and expenses:
Balance Sheet:Balance Sheet:
Dividend:Dividend:
No dividendNo dividend
Bitcoin per share:Bitcoin per share:
NoneNone
Ownership breakdown :Ownership breakdown :
Leadership:Leadership:
The fundamentals of this company are quite good. The balance sheet is perfect, the growth prospects are decent but below what is needed to compete with bitcoin projected growth, a healthy profit margin, a famous CEO and a distributed stock float.
The one major knock on this company is the valuation. Paying a really rich valuation this company needs growth or investors will dump this stock hard.
From a bitcoin lens an investor PLTR and bitcoin don’t mix.
Shadowy company that looks to use AI to enhance intelligence and security which could be a dangerous as civil liberties and freedoms are lost.
But keeping it purely about numbers 193k sats for one share isn’t the worst idea. The valuation sucks and the growth will slow down but the business seems to be ran very well. Plus I think the investment in the long run may pay off with dividends and buy backs once they reach their growth goals.
Here is my performance since I started buying shares almost 5 years ago:
Here is the performance according to Simply Wall Street
After reviewing the fundamentals of the business I can understand why Jeremy was so bullish on this stock when it was selling for $8.
The leadership did a really good job and happen to be at the right place for this AI boom to take off. Now one must ask does PLTR still have space to run up? Or is it over. Investors are not so sure due to the recent price performance.
From a bitcoin standpoint the valuation is just too rich and the growth lags bitcoin’s projected growth. If you want to take a flyer with almost 200k sats it wouldn’t be a total waste but just remember when you buy PLTR you are feeding the beast with your capital.
And with that said I will continue to buy shares as part of my experiment to show Bitcoin will crush this company!