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Mark R. Hake, CFA

Palantir's Free Cash Flow Margins and Forecasts Rise - Where This Leaves PLTR Stock

PLTR Palantir Palantir Technologies United States

Palantir Technologies' (PLTR) stock is up +6% today as the company reported a huge +53.6% Q2 increase in Q/Q free cash flow and a massive 57% FCF margin. This could potentially push PLTR stock over 20% higher to $205 p/sh. This article will show why.

PLTR is currently trading at $171.26 per share, representing a 10% increase from its low of $154.27 on August 1.

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