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Palantir (PLTR) Stock Slides Despite Oracle Comparison – MoneyCheck

Palantir (PLTR) Stock Slides Despite Oracle Comparison – MoneyCheck

TLDR:

  • Palantir (PLTR) stock down 4.48% to $75.44 despite bullish Wedbush target of $90
  • Dan Ives compares Palantir to Oracle, suggesting 185% upside potential
  • Q3 revenue grew 30% to $726M with non-GAAP EPS of $0.10
  • Forrester ranked Palantir’s AIP as top AI platform in market
  • Stock trades at 225x earnings with divided analyst opinions on valuation

Palantir Technologies (NYSE: PLTR) shares declined 4.48% to $75.44 on Monday even as Wedbush analyst Dan Ives painted an optimistic future for the data…

Article Source
https://moneycheck.com/palantir-pltr-stock-slides-despite-oracle-comparison/

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