Palantir's Earnings Soar as Demand for Its Data Analysis Tools Continues to Grow

Palantir's software helps organizations analyze data to make smarter decisions. Revenue is split between government and commercial customers.

Palantir's financials have improved, with rising free cash flow, net income, and earnings per share over the past year.

The company has over $3B in cash and plans to repurchase $1B in stock, which should boost EPS.

Despite strong expected earnings growth (66% annually), the stock trades at a reasonable P/E of 78. The PEG ratio is 1.2.

With ongoing demand for its services and explosive earnings growth expected, Palantir still looks like a compelling investment opportunity.