Palantir faces concerns over declining returns due to high price-to-sales ratio and slowing growth outlook
- 1Palantir's current stock price is $209.05 with a market capitalization of $502 billion.
- 2Wall Street analysts have provided a Q3 growth forecast of 84% for Palantir.
- 3Palantir's stock price is at a very expensive level with a price-to-sales ratio of 81.
So what's the key point?
Palantir's stock price is currently very high, trading at 81 times its revenue. Experts expect the growth rate for the third quarter to be 84%.
Source The Motley Fool +1 · View original ↗
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