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JPMorgan sets Palantir stock at Overweight with $262 price target

JPMorgan sets Palantir stock at Overweight with $262 price target

00:00 Speaker A

The big number here, revenue growth, right? Looking at 2.18 billion. Sounds kind of like, huh, not that big of a deal.

00:07 Speaker A

What’s $2 billion for the quarter, right? But it would be 85% higher than a year ago, right? So this business is growing, right?

00:13 Speaker B

This is the growth we always see out of Palantir somehow.

00:15 Speaker A

Palantir is their full year guidance, 80% revenue growth for the year as well, right? So the valuation is 60 times 2026 revenue estimates, right?

00:23 Speaker B

That’s the problem. But they’re all expensive.

00:25 Speaker A

Yeah.

00:26 Speaker B

So does it have more room to run, right? Does it is…

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