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Barchart
Mark R. Hake, CFA

Palantir Stock Keeps Rising - Is It Overvalued or a Bargain?

Palantir Technologies (PLTR) stock has been rising, well over analysts' targets. Those targets keep moving higher as well. Is PLTR stock a bargain here? One key is its free cash flow and FCF margin. These metrics could surprise the market in the next several quarters.

PLTR is at $36.52 in midday trading on Tuesday, Sept. 17. This is up over 50% in a little over a month since Aug. 5, when it closed at $24.09. What's up with that? 

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