Palantir's Pricey Promise: Lumen Deal Sparks Caution

Palantir's stock remains stagnant despite a new partnership with Lumen Technologies to enhance operations with AI, a deal set to be showcased at AIPCon eight. While Palantir's commercial revenue surges, its high valuation—a forward P/E ratio of over 360—demands near-perfect execution, leaving analysts cautious with Hold ratings due to limited upside potential and vulnerability to market fluctuations. Hosted on Acast. See acast.com/privacy for more information.