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Barchart
Barchart
Mark R. Hake, CFA

Palantir Stock Still Looks Undervalued Despite Its Recent Run-Up

Palantir Technologies Inc (PLTR) stock still looks cheap here, despite its rise over the past two months since releasing its quarterly results on May 6. The reason is the company is projected to make significant free cash flow (FCF) and FCF margins over the next year.

As a result, I estimate it could still be worth as much as $35 per share, or over 22% more. This article will describe why.

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