Expect a Drop if Palantir Doesnโt Hit Its Sales and Margin Targets
PLTR Stock Price
Palantir Technologies Inc (PLTR) Stock Price & News
PLTR Stock Price
Palantir Technologies Inc (PLTR) Stock Price & News
PLTR Stock Could Take a Hit if Palantir Misses Its Mark
These software stocks have multiples ranging from 1x to 14x sales.
For example, we can compare this multiple with other tech stocks of its size.
Planatir has signed so many deals that those contracts will need new licensing deals as an added value for continued growth.
All users should speak with their financial advisor before buying or selling any securities.
That could be one reason why the stock has been drifting down lately.
However, when Palantir released its , it forecast that its operating margin would fall to 23%, down from 29% in the prior quarter.
Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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A bug often leaves them in a hard down scenario where systems go offline and we frantically work to roll them back to prior versions while trying to identify what bug they hit and how to solve it to allow for a clean update.