2 AI Stocks That Could Be Worth More Than Palantir by 2026
Shares of Palantir Technologies (NASDAQ: PLTR) have had an incredible run the past few years. The stock has rocketed more than 1,000% since 2022, bringing its market cap (share price times total shares outstanding) to $195 billion at the time of writing.That market cap is high for a company with just $2.8 billion in trailing revenue and $462 million of net income. Artificial intelligence (AI) stocks have been all the rage on Wall Street, but even analysts can't overlook Palantir stock's expensive valuation. The consensus rating on the shares is currently neutral (hold).There is significant downside risk in Palantir shares. Investors are paying an astronomical multiple of the company's sales and earnings that it may not be able to justify.Continue reading
Shares of Palantir Technologies (NASDAQ: PLTR) have had an incredible run the past few years. The stock has rocketed more than 1,000% since 2022, bringing its market cap (share price times total shares outstanding) to $195 billion at the time of writing.
That market cap is high for a company with just $2.8 billion in trailing revenue and $462 million of net income. Artificial intelligence (AI) stocks have been all the rage on Wall Street, but even analysts can't overlook Palantir stock's expensive valuation. The consensus rating on the shares is currently neutral (hold).
There is significant downside risk in Palantir shares. Investors are paying an astronomical multiple of the company's sales and earnings that it may not be able to justify.
