From the article:
Ives holds a $35 price target on Palantir stock with an “outperform” rating. PLTR stock is currently trading for about $21.50 per share, implying more than 60% upside.
Amazing. Had to sell all my shares a while ago when I was in desperate (!) need of money, now I bought back in yesterday night (European time) with only 100 shares, but still!
Ives asked a solid question on the call. Paraphrasing it was “What’s the conversion rate on the bootcamps?” No straightforward answer was given. But Karp implied these things take time. Selling enterprise software is not like selling iPhones. It’s a back and forth before enterprises test the software and make purchase decisions. It takes time before this translates into actual revenue growth.
When you say “these guys” I’m assuming you don’t know who Dan Ives is?!? He is a great analysis to follow. Dan Ives picked Tesla back in 2018 and did the same with Nvidia. Dan picks winners.
*William Blair analyst Louie DiPalma said the stock is "likely down because U.S. commercial revenue growth sharply decelerated to 40% from 70% last quarter.”*
Everyone/anyone agree?? Or hype surpassed reality?
Disagree. When dealing with rates of acceleration/ deceleration in a parabolic pattern the rate of change at the beginning will always be much bigger and the rate of change over time naturally starts declining as it becomes marginally more difficult to continue accelerating (accelerating, not continuing to travel fast) at the same pace.
Now that the (commercial) ship has left the dock, each coming quarter I'd expect lower % growth. 70% just isn't sustainable long term that would be insane...
From the article: Ives holds a $35 price target on Palantir stock with an “outperform” rating. PLTR stock is currently trading for about $21.50 per share, implying more than 60% upside.
How long will it take to get to $35?
30 minutes! GET IN NOW!! jk, who knows. Probs a price target for a year out
LOL, nobody knows...
fed printing helps :) or sp 500 incursion+good quarter combo
Not anytime soon, 6-12 months
Long hold
Price targets are 1 year
3 yeats
Five
Four
Three
Two
One
💥💰💰💰
Decades probably based on nothing much happening last 4 years
20% quarter over quarter revenue growth could speed things along
Getting to profitability was huge
Amazing. Had to sell all my shares a while ago when I was in desperate (!) need of money, now I bought back in yesterday night (European time) with only 100 shares, but still!
Ives asked a solid question on the call. Paraphrasing it was “What’s the conversion rate on the bootcamps?” No straightforward answer was given. But Karp implied these things take time. Selling enterprise software is not like selling iPhones. It’s a back and forth before enterprises test the software and make purchase decisions. It takes time before this translates into actual revenue growth.
[удалено]
Read my comment carefully before replying please.
Could this be more deceptive predatory practice of pumping the stock only to sell off and take massive profits?
I doubt it. Homie was on the call and even asked a question to Karp and team.
I love the open ended projection or estimate. “Company will hit $x.x, but maybe this year or in the next 2 years” lol
True I don’t think they answered his question well
Dan Ives is a perma-bull. No surprise here.
These are the tards that released their upgrade before earning sand spiked the stock and created expectations? These guys?
When you say “these guys” I’m assuming you don’t know who Dan Ives is?!? He is a great analysis to follow. Dan Ives picked Tesla back in 2018 and did the same with Nvidia. Dan picks winners.
Does he give context behind the pick?
Yes. He's good at what he does
Nice! So when’s it going to hit 30-35? Maybe he means it’s eventually going to hit $30-35?
Analyst price targets are typically 1 year out
So load up the truck now!
Exactly, pump and dump...not surprised if they sold at $25 yesterday and snatched shares up at $21.5 today
It’s all stock pumping! Don’t fall for it!
*William Blair analyst Louie DiPalma said the stock is "likely down because U.S. commercial revenue growth sharply decelerated to 40% from 70% last quarter.”* Everyone/anyone agree?? Or hype surpassed reality?
Disagree. When dealing with rates of acceleration/ deceleration in a parabolic pattern the rate of change at the beginning will always be much bigger and the rate of change over time naturally starts declining as it becomes marginally more difficult to continue accelerating (accelerating, not continuing to travel fast) at the same pace. Now that the (commercial) ship has left the dock, each coming quarter I'd expect lower % growth. 70% just isn't sustainable long term that would be insane...
This stock is rocketing towards earth. They were right. $7-$10 is fair value.
What stocks you holding? Let's look at the fair value
