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Barchart

Mark R. Hake, CFA

Palantir's Strong Free Cash Flow and FCF Margins Make PLTR Stock Undervalued Here

PLTR Palantir Barchart

Palantir Technologies (PLTR) raised its revenue guidance on August 5 with its Q2 results. In addition, the intelligence software platform company expects strong free cash flow (FCF) this year. As a result, PLTR stock looks cheap here.

PLTR is at $27.32 per share in midday on Tuesday, Aug. 6, up over 13% after its recent earnings announcement yesterday.

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