Forward p/e is 161x. Oof - it's no meme stock but that valuation is crazy. I think S&P 500 average is about 23x.hopefully the guy with the 5k doesn't see this and buy Palantir.
the stocks valuation is crazy, it's gone up soo much recently that it would be incredibly risky to jump in now IMO.
There's a real risk people start realising gains as soon as it hits the nasdaq 100 and we see a pull back.
There's also a risk it never sees this price ever again, and they get loads of gov money from trump, but that's wishful thinking, especially with musk in trumps ear.
You know musk is going to be wanting that AI money, regardless of whether there's better stuff already available that's proven or not
I thought it was overvalues at $39!