Palantir’s stock price has risen over 628.84%, and it has seen a gain of more than 303.26% so far in 2024. At that growth rate, a $1,000 investment in Palantir’s IPO price of $9.50 would be ...
The big knock on Palantir is its valuation. The stock's huge rise has led it to trade at a forward price-to-sales (P/S) multiple of 42. That's a huge multiple for a stock that grew its overall ...