$PLTR reported yesterday and EPS hit its target and revenue beat by +2.5%.
Yoy growth and margins were still good but there was significant lack of wow factor from this earnings.
And certainly not strong enough to justify the current valuation.
P/S is still above 100 and the FWD PE has increased to 174.
$PLTR's price right now for me is about 2-3 years ahead of where it should be.
I see no value right now adding and I suggest taking profit at this stage.
Technically there is still a move higher if the price can get above the $125 level and hold but it is high risk right now.
Fin
2025-05-06 15:03:46 +0000 UTCkf86
2025-05-06 14:00:07 +0000 UTC