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Benzinga
Benzinga
Business
Vishaal Sanjay

Palantir's 70x Revenue Valuation May Be Unsustainable Despite 'Outstanding Q2 Results' — Citi Analyst Warns Company's 'Edge' May Fade As AI Expands

Palantir Tyler Radke Citigroup Palantir Technologies Inc PLTR Citron Research OpenAI
Kaufbeuren,,Germany,-,April,27,,2021:,Palantir,Company,Logo,On

According to Tyler Radke, a senior Citigroup equity analyst, Palantir Technologies Inc.’s (NASDAQ:PLTR) lofty valuations are difficult to justify despite its “outstanding Q2 results.”

Valuation Is Still Too High

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