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Palantir Just Crushed Estimates Again. How High Can the Stock Go?

The Motley Fool
Summary
Nutrition label

77% Informative

Palantir Technologies ( NYSE : PLTR ) reported third-quarter revenue growth of 30% year over year to $725.5 million .

The company also raised its full-year revenue guidance from $2.74 billion-$2.809 billion to $2,805 billion .

The data fusion specialist just delivered another smashing earnings report, and if its after-hours gains hold, it will have gained 172% year to date .

It's reasonable to expect the company to double, or even grow its revenue by 10 times over the long run.

The Motley Fool is issuing “ Double Down’s alerts for three incredible companies.

Amazon , Apple and Netflix are among the companies we're issuing alerts for.

There may not be another chance like this anytime soon. The numbers speak for themselves: - Amazon: if you invested $ 1,000 when we doubled down in 2010 , you’d have $ 22,469 !

- Apple: If you invested in 2008 , you'd have $ 42,271 ! - Netflix: if.

you invested in Netflix in 2004 , you would have $ 411,970 !.

VR Score

74

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72

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English

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48

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