Prediction: 1 Stock That Could Outpace Palantir in Growth
Palantir (PLTR) has emerged as a standout growth stock, with its share price skyrocketing from $10 at its direct listing five years ago to nearly $180 today. The company's revenue surged from $1.1 billion in 2020 to $2.9 billion in 2024, driven by robust government contracts and rapid commercial expansion.
Its Gotham platform, widely adopted by U.S. government agencies, and the Foundry commercial arm have been key growth engines. Analysts project a 38% CAGR for revenue and 63% for EPS from 2024 to 2027, fueled by geopolitical tailwinds and AI adoption.
Despite its promising trajectory, Palantir's valuation raises eyebrows—trading at 300x forward earnings and 75x next year's sales. With a $423 billion market cap, the stock's premium pricing demands flawless execution to justify its lofty multiples.
