Palantir's AI Platform Drives Commercial Growth and Profitability
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Palantir's software helps organizations aggregate and analyze data to improve decision-making. Its commercial revenue is growing rapidly as more companies adopt its AI platform.
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Palantir is hosting many "AIP Bootcamps" where potential customers can try out its AI software and see benefits, driving strong demand.
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In 2021, Palantir became profitable for the first time and expects over $800M in free cash flow this year as commercial growth continues.
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Palantir predicts 30%+ revenue growth to over $2.6B in 2022 as the AI market expands significantly in the coming years.
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While Palantir likely won't make you a millionaire on its own, its growth prospects make it a strong stock to add to a diversified portfolio focused on long-term gains.