Palantir Shares Approach a Critical Juncture

As Palantir Technologies Inc. shares trade approximately 17% below their November peak, the market is bracing for a pivotal catalyst. The data analytics firm is set to release its quarterly earnings on February 2nd, an event that has exposed a deep divide among Wall Street’s experts. The investment community is split between those sounding historic alarms and others forecasting a new “super-cycle” of growth.

The gap in fair value assessments for the stock is strikingly wide. On the bullish side, Citi recently upgraded the equity to a “Buy” rating, assigning a $235 price target. Analyst Tyler Radke contends that the company’s exceptional growth trajectory defies traditional valuation metrics. Fundamental data provides Read more...