If you are wondering whether Palantir Technologies’ current share price fairly reflects its story, this article will walk through what that number might mean for you.
Palantir’s stock is at US$135.90 after a 7.3% decline over the past week and a 23.4% decline over the past month, even though the 1 year return stands at 22.6% and the 3 year return is very large.
Recent coverage around Palantir has focused on its role as a software provider in data analytics and security for government and commercial customers. This keeps attention on how durable its contracts and customer relationships might be. This context matters when you weigh the stock’s 19.0% year to date decline against its very strong multi year performance.
