Palantir Stock Could Still Be 20% Undervalued as Analysts Raise Their Forecasts

Palantir, Inc. (PLTR) stock could still be almost 20% undervalued based on analysts' higher revenue forecasts, using a 48% FCF margin estimate and a 0.52% FCF yield (i.e., a 192x multiple). One way to play PLTR is to short out-of-the-money puts.

PLTR stock is trading at $181.07 in midday trading on Tuesday, Sept. 23. This represents an increase from its recent low of $153.11 on Sept. 5.