Is Palantir Losing Out on This Massive Market?
The company could end up leaving billions on the table.
Palantir (NASDAQ: PLTR) has been one of the stock market's biggest success stories over the last two years.
Shares of the AI software company, which is best known for its work with government defense and intelligence agencies, have soared by 1,000% in that period, and were up by nearly 1,500% before a recent pullback.
The company gained favor with investors and clients largely due to its Artificial Intelligence Platform (AIP), which has enhanced the utility of its technology and driven faster top-line growth. In fact, its revenue growth accelerated every quarter for the last year and a half, and its streak of operating margin expansions is even longer (adjusting for the impact of a stock award in the fourth quarter).
