This AI stock surged 480% but trades at 700x earnings - here's the math
Key Points
- Palantir's stock has skyrocketed 480% over the past year, bu...
Palantir's stock chart looks like someone accidentally hit the "zoom to moon" button and forgot to hit undo. With a 480% gain over the past year and 110% year-to-date surge, PLTR has become the poster child for "expensive doesn't even begin to cover it."
The numbers are so wild they make your calculator question its life choices: a price-to-earnings ratio approaching 700, forward P/E around 270, and a price-to-sales ratio over 127. To put this in perspective, buying Palantir at these levels is like paying $700 for a sandwich because the chef mentioned they might open a restaurant chain someda...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.