Palantir Stock Soars 50% Despite Slower Growth, Concerning Analysts on High Valuation
• Palantir stock has surged over 50% in February to very high valuations despite slower growth forecasts
• The company is involved in a Pentagon AI project called Maven that could boost revenues
• However, analysts previously valued Palantir at $6-$8 per share with higher revenue forecasts
• Palantir is still growing profits, but current valuations imply a very high 278 P/E ratio
• Overall analyst sentiment is mixed/negative given the high valuation after the recent surge