- Blowout Q3 Earnings: Palantir’s Q3 2025 revenue jumped 63% YoY to $1.18 billion, with adjusted EPS of $0.21, smashing estimates and prompting a full-year guidance hike to ~$4.4 billion [1] [2].
- Stock Soars, Then Stumbles: PLTR is up ~165% in 2025 (one of the S&P’s top performers) [3], briefly hit a record high near $220 after earnings, then slid ~4% as investors “sold the news” amid lofty valuation fears [4] [5].
- AI-Fueled Growth: U.S. commercial revenue exploded +121% YoY (now larger than its government business) [6], driven by demand for Palantir’s new AI Platform. U.S. sales now comprise 75% of Palantir’s revenue [7].
- Expert Divergence: Bulls like Wedbush (Dan Ives) hiked their price target to $230 and foresee a $1 trillion valuation within two years [8]. But skeptics like Morgan Stanley warn Palantir is “the most expensive” stock they’ve seen [9], trading at ~90× forward earnings and 25× sales [10].
- Technical Crossroads: PLTR’s chart remains bullish (far above its 200-day moving average) [11], but the post-earnings pullback signals resistance near recent highs [12]. Traders see support around the mid-$180s (last month’s levels) [13], with heavy volume indicating profit-taking rather than panic.
- Financial Fortitude: Palantir’s adjusted operating margin hit 51% – a record high – and it boasts $6.4 billion in cash & treasuries on hand [14]. Free cash flow was ~$540 million in Q3 [15]. The company is GAAP-profitable (40% net margin) but its rich valuation leaves little room for error on execution [16].
- Competitive Edge: Versus Snowflake and Databricks, Palantir stands out with strong profitability and government tie-ins. Snowflake’s growth has cooled (now ~30–40% YoY) and its stock trades at lower multiples after earlier hype [17] [18]. Databricks (private) is growing ~50–60% but at a ~$100 B valuation [19]. Palantir’s all-in-one AI/analytics solutions and defense contracts give it a unique moat, albeit at a far higher valuation than peers.
- Investor Sentiment Split:Retail investors remain fervent – Palantir is a retail darling trending on Reddit and X (Twitter). CEO Alex Karp noted that “average Americans” are most excited by Palantir’s success [20]. Wall Street, however, is cautious: barely 24% of analysts rate PLTR a Buy [21], and the average 12-month target (~$142) sits well below the current price [22], reflecting fears that the stock’s AI premium may be overdone.
Latest News: Record Quarter and Stock Volatility
Palantir Technologies (NYSE: PLTR) just delivered a record-breaking Q3 2025, extending its meteoric run as one of this year’s hottest AI stocks. The company reported $1.18 billion in revenue (+63% YoY) and $0.21 in adjusted EPS, comfortably topping analyst forecasts of ~$1.09 B and $0.17 [23]. It was the fourth straight quarter of accelerating growth, fueled by Palantir’s push into enterprise AI. In response, management raised full-year 2025 guidance – now expecting ~$4.40 B in revenue (up from ~$4.15 B prior) and a hefty $2.15 B in adjusted operating profit [24] [25].
Despite these stellar results (which CEO Alex Karp called “a new record… an otherworldly growth rate of 63%” [26]), Palantir’s stock whipsawed. Shares initially spiked ~7% after the earnings release to fresh all-time highs, briefly pushing Palantir’s market capitalization near $500 billion [27] [28]. But enthusiasm quickly cooled – by the next trading session (Nov 4, 2025), PLTR pulled back about 4% in heavy after-hours trading [29] [30]. This “buy the rumor, sell the news” swing dominated headlines today as investors puzzled over how a company delivering “the best results… any software company has ever delivered,” as Karp boasted, could see its stock fall on good news [31] [32].
The answer lies in expectations and valuation. Palantir’s stock had rallied ~20% in the month leading into earnings [33], part of a 165% year-to-date surge that made it one of 2025’s top S&P 500 performers [34]. Optimism around Palantir’s AI prowess was sky-high, so even “great” results were priced in. When the company merely met or slightly beat those lofty forecasts – and raised guidance, but not far above what many bulls hoped – short-term traders locked in profits [35] [36]. In other words, Palantir encountered the classic “high bar” problem: with a valuation that assumed perfection, anything less than a massive upside surprise risked a pullback.
Beyond earnings, recent news has underscored Palantir’s momentum in AI. Just last week, Palantir announced a multi-year, $200 million partnership with telecom Lumen Technologies to offer enterprise AI services [37]. Lumen will integrate Palantir’s Foundry and new Artificial Intelligence Platform (AIP) with its own infrastructure – a testament to Palantir’s growing commercial appeal. In fact, Palantir has struck 19 partnerships in 2025 alone across sectors like aviation, healthcare, defense, and telecom [38]. These deals (including Lumen, announced Oct 23) signal that Palantir’s AI platform is gaining traction far beyond its government roots. They also contributed to management’s confidence in raising 2025 revenue guidance to ~53% YoY growth [39] – a striking figure for a company of Palantir’s size.
Stock Price and Recent Performance
Even after the mild post-earnings dip, Palantir’s stock price remains elevated near $200 per share, roughly where it traded heading into the results. At ~$200, PLTR is up over 160% in 2025 [40] and has more than doubled since the start of the year. By comparison, the Nasdaq is up around ~30% in the same period, highlighting Palantir’s outsized gains as an AI winner. This rally accelerated in the summer and fall, as excitement over Palantir’s AI products (like its AIP launched in 2023) and a string of big contract wins propelled the stock from around $75 at end-2024 to new highs in the $200+ range.
In early November, right before earnings, PLTR was trading just above $200 – within a stone’s throw of its all-time intraday high (~$218). Options markets were pricing in a ~10% swing on earnings [41], implying a move up toward $220 or down to ~$182. In reality, the stock’s reaction nearly fulfilled that prophecy: shares popped to ~$214 (intraday) after the release, then reversed to ~$198 by the next day [42]. That round trip – volatility in both directions – reflects the tug-of-war between bulls and bears at Palantir’s current valuation.
Notably, trading volume on Nov 3–4 spiked well above average, indicating intense interest. The sharp intraday reversal suggests profit-taking at the highs [43]. Palantir had run up strongly into earnings, so some traders likely seized the good news as an opportunity to cash out (“sell the news”). Despite the dip, Palantir’s market cap still hovers around $480 billion [44] – an almost unheard-of figure for a company with ~$4 billion in annual revenue. That places Palantir among the world’s most valuable tech firms, ahead of many industry stalwarts. It’s also a far cry from Palantir’s valuation just two years ago, reflecting how dramatically AI optimism has re-rated the stock.
Investors should note that Palantir’s share price has been volatile on shorter horizons. This past August, for instance, a short-seller’s critique knocked the stock down (raising overvaluation concerns), though Palantir quickly recovered on news of new AI deals [45]. Overall, the trend has been strongly upward in 2025, but with sizable swings – a pattern likely to continue given the stock’s high-beta nature and heavy retail trading interest.
Q3 2025 Earnings: By the Numbers
Palantir’s Q3 2025 report was impressive across almost every metric. Key highlights from the quarter include [46] [47]:
- Revenue: $1.181 billion, up 63% year-over-year (and +18% sequentially) [48]. This growth vastly accelerated from ~17% growth a year ago, reflecting surging demand for Palantir’s AI-driven platforms.
- U.S. Revenue: $883 million, up 77% YoY [49]. Notably, the U.S. accounted for ~75% of total revenue – evidence of Palantir’s success in its home market [50].
- U.S. Commercial revenue: $397 million, +121% YoY (and +29% QoQ) [51]. This explosive growth shows Palantir’s strategy to expand in the private sector is paying off. For the fourth straight quarter, U.S. commercial revenue surpassed U.S. government revenue [52] – a significant shift for a company historically reliant on government deals.
- U.S. Government revenue: $486 million, +52% YoY (and +14% QoQ) [53]. Government business remains robust, aided by new defense contracts and increased federal AI spending.
- Deals & Backlog: Palantir closed 204 deals ≥$1 M, including 53 deals ≥$10 M in Q3 [54]. Total contract value (TCV) booked hit a record $2.76 billion (+151% YoY) [55], driven by a massive $1.31 B in U.S. commercial TCV (+342% YoY) [56]. The commercial pipeline is clearly exploding. Palantir’s remaining deal value (backlog) in U.S. commercial is now $3.6 B (+199% YoY) [57] – indicating future revenue already under contract.
- Profitability: GAAP operating income was $393 M (33% margin) [58], and GAAP net income hit $476 M (a hefty 40% net margin). On an adjusted basis, operating income was $601 M, a 51% adjusted operating margin – up from 38% a year ago [59]. This far exceeds Palantir’s long-term “Rule of 40” benchmark; in fact, Palantir touted a “Rule of 40 score” of 114% (growth + free cash flow margin) [60] [61], underlining exceptional growth and profitability in tandem.
- Cash Flow: Palantir generated $508 M in operating cash (43% margin) and $540 M in adjusted free cash flow (46% margin) in Q3 [62]. Year-to-date free cash flow is well over $1 billion, reflecting the cash-rich nature of its software business.
- Cash & Balance Sheet: Palantir’s cash and short-term U.S. Treasuries swelled to $6.4 billion as of Q3 [63]. The company carries essentially no debt. This fortress balance sheet gives Palantir flexibility to invest, acquire, or withstand downturns. It’s also earning substantial interest income (~5% yields on T-bills) which boosts GAAP profit.
Simply put, Q3 showed remarkable strength. Palantir is not a cash-burning AI startup; it’s now a highly profitable, cash-generative enterprise. The AI adoption wave clearly lifted sales (especially commercial deals), while careful cost management and scale drove margins to new highs. Palantir’s government business remains a steady engine (still over 50% of revenue [64]), but the star is the commercial segment, which is growing faster and diversifying Palantir’s client base beyond defense and intelligence.
Notably, Palantir’s results beat expectations on both top and bottom lines. The $1.18 B revenue topped consensus (~$1.09 B) by a wide margin [65], and $0.21 adjusted EPS beat the $0.17 forecast [66]. Palantir also exceeded internal targets: the company had just crossed $1 B in quarterly revenue in Q2, yet Q3 blew past that milestone again with acceleration.
Raised Guidance and Future Outlook
On the back of Q3’s strength, Palantir issued bullish guidance for the coming quarter and full year:
- Q4 2025 Guidance: Revenue of $1.327–1.331 billion, representing ~61% YoY growth [67] (well above analysts’ ~$1.19 B estimate [68]). Palantir expects Q4 adjusted operating profit of $695–699 M [69], implying ~52% margin – sustaining the high profitability. In effect, Palantir signaled that Q4 will be another record quarter, with sequential growth (~13% QoQ) on top of a seasonally strong Q3.
- FY 2025 Guidance: Revenue $4.396–4.400 B (midpoint ~$4.398 B) [70] [71]. This equates to ~53% YoY growth over 2024, a significant raise from prior guidance (~$4.15 B). It also handily beats Wall Street’s ~$4.17 B forecast [72]. Palantir now anticipates full-year adjusted operating income of ~$2.16 B (vs ~$1.92 B prior) [73] and free cash flow of $1.9–2.1 B [74]. Additionally, Palantir sees FY U.S. commercial revenue above $1.43 B [75], which underscores the explosive growth in that segment (well over double last year).
This rosy outlook implies Palantir’s growth momentum will continue into 2026. CEO Karp’s commentary reinforced that confidence. In the shareholder letter, Karp highlighted surging demand for Palantir’s AI solutions in both commercial and government arenas, stating the company enters the next year in a “position of strength” [76] [77]. Management noted accelerating adoption among U.S. and European defense agencies (helped by pro-AI government policies and budgets) and “resilient” enterprise AI software demand despite macroeconomic uncertainties [78]. In short, Palantir expects multi-year “high-growth” tailwinds in its core markets, driven by the AI revolution sweeping industry and government.
Key drivers for Palantir’s near-term outlook include:
- AIP Adoption: Palantir’s new Artificial Intelligence Platform (AIP), launched in 2023, is seeing rapid uptake. The company is integrating AIP with partners like NVIDIA to expand industrial use cases [79]. This could further boost commercial growth and cement Palantir’s role as an “AI arms dealer” to large enterprises.
- Government Contracts: Recent big wins (e.g. a ~$250M U.S. Army deal, NATO alliances) and broad bipartisan support for defense AI funding mean Palantir’s government segment should remain on a growth footing [80]. However, any U.S. budget turmoil or shutdown could delay contract awards – a risk flagged on the earnings call [81].
- Commercial Expansion: Beyond government, Palantir is pushing into healthcare, energy, and financial services analytics [82]. Partnerships like the Lumen deal and ones in aviation and pharma show Palantir leveraging AIP and Foundry to win enterprise clients. This could drive sustained >50% growth in commercial revenue, albeit lapping tough comps next year.
- Margins and “Rule of 40”: Palantir’s leadership insists they can grow rapidly and remain highly profitable. The Q3 margins (adjusted op margin 51%) demonstrate strong operating leverage. If Palantir can maintain Rule-of-40 style performance (combined growth + margin well over 100%), it may justify a premium valuation – but any slip in either growth or margins might spook investors given how much optimism is priced in.
Looking ahead, Palantir projects itself as the “operating system for AI-driven decision making” across industries [83] [84]. The company’s long-term vision involves embedding its platforms at the core of enterprise and government operations, which could yield a steady stream of recurring revenue. Forecasts from bulls like Wedbush see Palantir’s annual revenue approaching $8–10 B by 2027 (implying ~40% CAGR) and possibly doubling its market cap to $1 trillion in the next two years [85]. Such projections assume Palantir continues to execute flawlessly, expands its customer base dramatically, and faces no major competitive or political roadblocks.
However, more conservative analysts expect growth to moderate after 2025. It will be challenging for Palantir to sustain 50–60% growth rates as its revenue base expands. There’s also an argument that every incremental dollar of upside is already reflected in Palantir’s stock price (we delve into valuation next). For now, the official guidance and current pipeline signal robust growth at least through the next couple of quarters – and management has a track record of guiding conservatively and then beating those targets.
Expert Commentary on Valuation and Growth
Palantir’s phenomenal run has generated mixed reactions on Wall Street. Some experts are outright bullish, seeing Palantir as a generational winner in AI, while others point to its sky-high valuation with concern.
On the bullish side, Wedbush Securities has been a vocal cheerleader. Analyst Dan Ives recently named Palantir one of his “top names to own in 2025” [86] and raised his price target to $230 (from $200) just before earnings [87]. Ives argues that Palantir’s “unprecedented” AI demand and execution could drive its market cap to $1 trillion by 2027 [88]. That implies the stock doubling again from current levels. Wedbush views Palantir as a core AI platform play with a long runway, praising its “otherworldly” growth and the expanding use of AIP across industries [89]. This ultra-bull thesis is that Palantir is still undervalued relative to its transformative potential in AI.
Many retail investors share this enthusiasm. On forums like Reddit’s r/PLTR and Stocktwits, Palantir has a passionate following who see it as a once-in-a-generation AI leader. They frequently cite Palantir’s accelerating revenue and contracts as evidence that the company will eventually justify (or exceed) its valuation. Notably, CEO Alex Karp himself has acknowledged the power of Palantir’s retail base, telling MarketWatch that “People who are most excited about our results in America now are average Americans” [90]. Karp often credits retail investors for sticking with Palantir when many institutions doubted the company – a unique dynamic where a large, active retail shareholder base is part of Palantir’s story.
On the bearish (or cautious) side, valuation is the dominant concern. Morgan Stanley analyst Sanjit Singh captured this sentiment, calling Palantir’s valuation “our big stumbling block… The most expensive [stock] I’ve seen in my career.” [91]. At ~$200/share, Palantir was trading at over 90× forward earnings and ~25× forward sales going into earnings [92]. In fact, using Bloomberg data, Palantir’s stock was recently around 85× forward revenue and 240× forward earnings by one estimate [93] – figures typically reserved for early-stage hyper-growth startups, not a 20-year-old software firm. Such multiples far exceed peers in software or AI. For context, Snowflake (SNOW), another high-growth data platform, trades at about 15× forward sales and is expected to grow revenue ~35% next year (much slower than Palantir’s ~50%) [94] [95]. Even AI-chip leader NVIDIA trades at around 20× forward sales. By any measure, Palantir’s stock carries a huge premium.
This premium rests on the assumption of years of extraordinary growth ahead. Any hint of growth deceleration can thus trigger a harsh reaction. As Morningstar put it, Palantir is a “high-expectation stock” – where even strong results might disappoint if they’re not astronomical [96]. That dynamic was on display this quarter: despite a beat-and-raise, some analysts noted the guidance raise wasn’t as “blowout” as hoped. The market seemingly wanted an even higher full-year upgrade (say $4.5B+ revenue) given AI tailwinds, and when Palantir guided to ~$4.4B, a few fast-money investors rotated to other AI names with lower valuations [97].
Analyst ratings reflect the wariness. Out of 22 analysts tracked, only 5 recommend “Buy” while 15 say “Hold” and 2 “Sell” [98]. That means over 70% of analysts advise caution or outright avoidance of Palantir at current prices. The consensus 12-month price target is ~$142, which is ~30% below the current stock price [99]. In fact, before Wedbush’s latest boost, the highest Wall Street target was around $215 (BofA Securities) [100], and the lowest is just $45 [101] – illustrating the huge divide in expectations. Many analysts simply don’t see the fundamentals (yet) to justify ~$200+ share prices, especially as tougher comps and potential macro headwinds emerge in 2026.
Valuation vs. fundamentals is the crux of the debate. Bulls counter that Palantir is in a league of its own: growing faster than peers, with real profits, and a dominant position in certain markets (government AI). They argue traditional multiples don’t fully capture the option value of Palantir possibly becoming the default AI platform for Fortune 500s and governments – a winner-take-most scenario. Bears retort that Palantir’s growth, while excellent lately, will inevitably slow to more normal levels (say 20–30% annually), at which point its price-to-sales ratio must compress dramatically or it needs a period of sideways trading until earnings “catch up” to valuation.
Even among bulls, there’s acknowledgement that volatility will be high. Wedbush’s Ives said a strong quarter would be a “feather in the cap” for bulls, but also warned of a potential pullback given the stock’s torrid run-up [102] [103]. Other analysts, like those at Seeking Alpha’s Summit Research, remain optimistic on Palantir’s multi-year prospects but call it a “reality check” moment: integration with NVIDIA, big defense wins, and consistent profits put Palantir in a position of strength, yet the stock’s rich pricing means investors must “not ignore reality” around execution and competition [104] [105].
In sum, expert opinion is polarized. The common ground is that Palantir is executing extremely well and riding a powerful trend (AI/ML adoption). The disagreement is whether the current stock price fairly reflects that or has overshot into bubble territory. As we’ll see next, technical indicators offer additional perspective on the stock’s near-term trajectory.
Technical Analysis: Chart Patterns and Momentum
From a technical standpoint, Palantir’s chart has been in a strong uptrend through 2025. The stock is trading well above key moving averages, reflecting positive momentum:
- Moving Averages: PLTR sits far above its 200-day simple moving average (around ~$132) [106], which is a bullish long-term signal. Even the 50-day MA (which likely lies in the mid-$170s) is below the current price – indicating the stock has been steadily making higher highs.
- Relative Strength: The rapid ascent pushed momentum oscillators like RSI into overbought territory multiple times this year. Prior overbought readings (RSI > 70) in July and September led to brief consolidations, but each time PLTR resumed its uptrend as buyers stepped back in on dips.
- Support Levels: Analysts identify the $180-$182 zone as an important support in the short term [107]. This roughly corresponds to the stock’s October lows (~$182) and is near the 50-day MA. If Palantir were to pull back further, technicians would watch that area for a bounce. Below that, the next support might be around ~$173-$175 (the top of a gap up in September) [108]. Additionally, any retreat toward the 100-day MA (likely in the $150s) could attract dip-buyers given Palantir’s strong fundamental news.
- Resistance Levels: The recent high around $218-$220 is the clear immediate resistance. Palantir hit ~$218 intraday post-earnings before reversing. That level, being a fresh all-time high, represents a psychological hurdle – there’s no prior price history above it, so it’s where sellers emerged. Should the stock rally back to $220, traders will watch if it breaks out to new highs or gets double-topped. Some short-term resistance was also noted around ~$207 (the pre-earnings high) [109], which interestingly was roughly Tuesday’s closing level.
- Volume & Pattern: The volume spike on earnings indicates a blow-off top type scenario in the very short term – a big surge to a new high followed by a swift drop on heavy volume often marks at least a temporary exhaustion of buying. The ~4% drop after hours despite great earnings suggests a short-term “shooting star” candlestick (price spiking then falling) which can foretell a near-term pullback or consolidation. However, it’s important to note that the pullback was modest relative to the prior run-up (only retracing a few weeks of gains). If the stock holds the high-$190s or above $180 on any further dips, it would be a sign of strength, showing that bulls are still buying the dips.
- Momentum and Trend: Most technical indicators remain bullish. Investing.com’s daily technical summary recently showed 9 buy signals vs 0 sell for PLTR [110] – a reflection of the strong uptrend. The stock has consistently made higher lows and higher highs throughout 2025. As long as that pattern holds (i.e. any near-term lows stay above the last major low of ~$150 in August), the uptrend is intact. A break below $150 would be more concerning from a trend perspective.
In the immediate term, traders are digesting the post-earnings volatility. The 4% drop off the highs implies short-term resistance – essentially, the market saying the price ran a bit ahead of itself [111]. Technical analysts often note that after a big run, a high-growth stock like PLTR might consolidate in a range (perhaps $180–$210) to work off overbought conditions. Volume will be telling: if volume quickly dries up on the pullback, it suggests the selling was just quick profit-taking. If selling volume remains elevated for days, it could indicate some larger distribution by investors locking in gains.
A positive technical sign is that PLTR did not break any key support on the post-earnings dip – it’s not like it plunged 20%. The stock basically gave up one week of gains. In fact, intraday momentum after earnings initially was strongly positive (up 7%) before flipping negative [112], reflecting indecision. Options activity pointed to ~10% implied move and we essentially got a ~10% round-trip (up then down) [113].
Going forward, watch the $220 level on the upside and ~$180 on the downside. A clear breakout above $220 on strong volume would signal the next leg higher (with speculative targets even around $250, given little chart resistance). Conversely, a drop below $180 might test bullish resolve and could foreshadow a larger correction toward the $150s. As always with Palantir, headlines (new AI deals, government contracts, etc.) can quickly shift sentiment and override pure technicals.
In summary, Palantir’s technical picture is bullish but extended. The trend favors the bulls, but the stock’s rapid ascent means it’s prone to sharp swings. Traders are likely to keep using well-defined levels (like $180 support) for entries and exits. The recent pattern – big rally into earnings, then a pullback – is reminiscent of a “sell the news” event, not a trend reversal [114]. Thus, unless broader market conditions deteriorate or Palantir’s fundamentals change, the charts suggest any near-term dips could be buying opportunities for those who believe in the story. Still, caution is warranted given how far, how fast PLTR has moved.
Fundamental Analysis: Valuation and Financial Health
From a fundamental perspective, Palantir presents a mix of outstanding business performance and stretched valuation metrics. Here’s how the key fundamentals stack up:
Growth and Profitability: Palantir is now a rare breed – a company growing revenue 50%+ and generating significant profits. Its adjusted operating margins around 50% [115] are higher than many mature software firms, thanks to high gross margins and disciplined spending. Even on a GAAP basis, Palantir is running ~30%+ operating and 40% net margins [116], which is remarkable given it was barely breakeven a couple years ago. This profitability means Palantir can self-fund its growth and doesn’t rely on external capital – a sign of financial health.
Balance Sheet: Palantir’s $6.4 B in cash and equivalents [117] and no debt give it a fortress balance sheet. It has ample capital to invest in R&D (it spends heavily on engineering and product development), pursue acquisitions, or weather any economic downturn. By contrast, many high-growth peers either have debt or much smaller cash buffers. This strong balance sheet also supports Palantir’s modest share buyback program (the company has done occasional buybacks) and potentially, in the future, could allow for dividends if growth eventually slows.
Quality of Earnings: Importantly, Palantir’s earnings quality is high – much of its “adjusted” profit is actual cash flow. The adjustments from GAAP to non-GAAP are mostly adding back stock-based compensation. While stock comp is significant (Palantir, like many tech firms, grants a lot of stock to employees), the company’s hefty free cash flow suggests it is truly earning more than enough to cover its costs. There are no red flags with receivables or revenue recognition; in fact, the surge in deferred revenue and contract value indicates revenue growth is likely to continue.
Now, the flip side: valuation. By traditional measures, Palantir’s stock is extremely expensive:
- Price-to-Earnings (P/E): Using forward 12-month earnings, Palantir was recently around 90–100× P/E [118]. Even after the earnings beat, that multiple might drop slightly (since earnings estimates will rise), but we are still looking at a triple-digit P/E. For context, the S&P 500 forward P/E is ~18×; even high-growth software peers often trade 30–50×. Palantir’s P/E suggests investors are paying today for profits it might only earn many years in the future.
- Price-to-Sales (P/S): Palantir trades around 20–25× forward revenue [119] (depending on whether one uses 2025 or 2026 sales projections). Again, that’s an order of magnitude above the market average (~2–3×) and well above cloud software peers (~10–15×). It’s even higher than where Snowflake currently sits (SNOW is ~15× sales) and close to Nvidia’s multiple (NVDA about ~20× sales during its recent AI rally). Palantir’s P/S nearing the mid-20s has invited bubble comparisons – historically few companies maintain such multiples long-term unless they grow into them.
- PEG Ratio: If one considers the P/E relative to growth (PEG), even assuming Palantir can grow earnings ~50% annually for the next couple of years, the PEG would still be >2 (since 100 P/E divided by 50% growth = 2). A PEG above 1 suggests the price is high relative to growth. Many argue a fair PEG is ~1 for growth stocks; Palantir is well above that.
However, valuation must be viewed in context. Palantir is benefiting from a couple of unique factors:
- Scarcity of Pure-Play AI Stocks: Palantir has positioned itself squarely as an AI company, not just a data analytics firm. In the stock market, there are not many pure AI software plays of Palantir’s size and profitability. This scarcity drives up the premium as investors pile into a limited set of AI winners (Nvidia, Palantir, maybe a few others). Palantir’s CEO even quipped that “a normal enterprise company should not have [such high growth and margins]” [120] – implying Palantir sees itself as an abnormal, category-defining company, hence deserving a loftier valuation.
- Operating Leverage & “Rule of 40++”: Palantir’s recent results show that its margins are scaling dramatically (51% adjusted op margin, up from 30% two years ago). If one believes these margins are sustainable, Palantir could generate earnings far above current consensus in a couple of years. Bulls might argue the forward P/E will rapidly shrink as earnings ramp up. Indeed, if Palantir keeps 50% margins on a $6B revenue in 2026 (for instance), that’s $3B operating income – roughly $2.5B net income (assuming taxes), which would be ~$1.20 GAAP EPS. That would put the forward P/E (on 2026 earnings) closer to ~170× at current prices. Still enormous, but the point is the “E” in P/E is growing fast.
- Strategic Value and Moat: Some analysts highlight Palantir’s deep moat in certain areas – for example, its relationships with western governments and military give it a quasi-protected market. Its software is also very sticky once integrated. This can justify a premium valuation akin to how defense contractors trade (though Palantir’s multiple is far beyond any defense contractor). Also, Palantir’s brand in AI might attract an “option value” for future moonshot projects (like if Palantir creates a groundbreaking AI model or platform that becomes ubiquitous).
To put numbers in perspective, if Palantir hits its ~$4.4B revenue goal this year and perhaps ~$6.5B in 2026 (which would be ~45% CAGR), and if it maintains 30% GAAP net margins, then 2026 GAAP net income could be ~$2B. That would still be a 2026 P/E of ~240× for today’s price – indicating just how far ahead the market is looking. Essentially, the stock is discounting many years of high growth.
Financial health, fortunately, is not in question. Unlike many high-growth firms, Palantir isn’t burning cash or piling on debt to grow. It’s adding to its cash pile each quarter. This greatly reduces downside risk from a business standpoint – Palantir can endure lean times or invest aggressively without worrying about insolvency. It also means the company’s valuation isn’t propped up by cheap debt or accounting gimmicks; it’s purely investor optimism.
In summary, fundamentally Palantir is a tale of two extremes: the business metrics are excellent and trending even better (rapid growth, rising margins, huge cash generation), but the stock’s valuation is pricing in perfection and then some. Investors must weigh whether Palantir’s fundamental strengths – unique market position, superb financials – justify paying a premium that’s almost unprecedented. It’s the classic high-risk/high-reward scenario: if Palantir truly becomes the indispensable AI platform for governments and corporations, current prices might someday look cheap. If growth stumbles or competition bites, a significant valuation reset could occur.
Palantir vs. Competitors: Snowflake & Databricks in the AI Race
Palantir often gets compared to Snowflake and Databricks, two other big names in data and AI, though their business models differ. Understanding these competitors helps frame Palantir’s positioning:
- Snowflake (SNOW): Snowflake is a cloud data warehousing platform that enables organizations to store and analyze data. It’s more of a self-service platform used by data engineers and analysts to run queries on massive datasets. Snowflake and Palantir can actually be complementary – for instance, Palantir’s Foundry can integrate with data stored in Snowflake. However, they are also competing for enterprise analytics budgets and both are expanding into AI offerings. In 2020, Snowflake was the hottest data IPO, and it once sported growth rates above 100%. But Snowflake’s growth has slowed (to ~40% YoY recently) as its revenue base grew. By 2025, Snowflake’s annual revenue is around ~$2.5–3 B, roughly on par with Palantir’s (though Palantir will overtake it if forecasts hold) [121] [122]. Snowflake’s market cap (~$80 B as of late 2025) is a fraction of Palantir’s [123], reflecting both its slower growth and the market’s preference for AI-centric plays. Snowflake remains unprofitable on a GAAP basis (due to high stock comp), though it’s FCF positive. Analysts often debate Palantir vs Snowflake as “platform vs platform”: Snowflake excels at flexible, user-driven analytics and has an ecosystem of developers; Palantir provides more out-of-the-box intelligence and end-to-end solutions (especially useful for clients without large internal tech teams [124] [125]). In AI, Snowflake has been building features to allow customers to run AI models on their data cloud, but Palantir’s AIP is arguably a more direct AI application layer. Positioning: Palantir tends to appeal to customers who want ready-built, integrated solutions (you give Palantir your data and problems, and Palantir’s platform delivers insights). Snowflake appeals to those who want a general-purpose data platform they can build upon. As one architect put it, Palantir is for companies that want to outsource heavy data/AI lifting; Snowflake is for those with in-house tech talent to DIY [126]. In terms of AI and data analytics, Palantir has the edge in government and defense (Snowflake barely plays there) and in customized AI workflows, whereas Snowflake dominates in cloud data warehousing and has a broad enterprise customer base. Interestingly, Snowflake’s slower growth and more modest valuation might make it a relatively safer investment, but Palantir’s recent performance leapfrogged Snowflake, grabbing the “high-growth” mantle. Some investors see Palantir as having a stronger narrative (AI/defense) that’s currently more appealing than Snowflake’s pure data focus.
- Databricks: Databricks is a private company (as of 2025) known for its unified data analytics and AI/machine learning platform (built around Apache Spark and ML workflows). It’s a favorite of data scientists for building machine learning models at scale. In a way, Databricks competes more directly with Snowflake (they often get compared in analytics/AI infrastructure) but it’s also an indirect competitor to Palantir in the sense that a company might choose to build their own AI pipelines on Databricks instead of using Palantir’s end-to-end solutions. Databricks is growing very fast – some estimates say 92% growth in recent times [127] – albeit from a smaller base (2025 revenue perhaps ~$2 B). Its last funding round valued it at $100 B+ [128], putting its valuation/sales multiple around 20–30×, similar to Palantir’s range [129]. Databricks is not yet profitable and invests heavily in R&D. It’s expected to IPO in the near future. Databricks’ strength is its appeal to advanced tech teams who want flexible tools to do AI “their way.” It’s less of a packaged solution than Palantir. Positioning: Databricks is often favored by organizations with strong data science teams that want maximum flexibility – it’s like a toolbox for AI. Palantir, by contrast, provides more out-of-the-box AI applications (especially with Foundry and AIP) which is useful for organizations that want quicker deployment. Palantir has even made moves to integrate with Databricks and others when clients desire. In the AI gold rush, Databricks is sometimes described as the “picks and shovels” for AI developers, whereas Palantir is aiming to be the enterprise solution provider that delivers AI insights directly to decision-makers. Both can thrive, but from an investor angle, Palantir has the advantage of being public and profitable, while Databricks is still an evolving story pre-IPO. If Databricks were public, it might command a high valuation given its growth – yet Palantir’s stock market story and retail following have catapulted it far beyond where a typical $1-2B revenue company would trade.
Bottom line on competition: Palantir is carving a unique path in the AI/data analytics sector. It’s less a direct competitor and more a converging player among these firms. As a recent analysis noted, “Palantir is firing on all cylinders but trading at an outlandish multiple… Snowflake is in the penalty box… Databricks is killing it in growth” [130]. Each company has different strengths: Palantir – government and turnkey AI solutions; Snowflake – cloud data platform and analytics ecosystem; Databricks – machine learning and data engineering power.
For investors, Palantir’s differentiation is key – its deep government ties and ready-made AI solutions give it a moat that Snowflake and Databricks lack. However, those rivals operate in larger addressable markets (almost every company needs a data cloud or ML pipeline, but not all will need Palantir’s specialized platforms). The competitive field is also likely to get more crowded as big players (e.g. Microsoft, Google Cloud) offer their own AI analytics platforms. Palantir’s strategy of partnership (like with Lumen, and even collaborating with cloud providers) shows it’s trying to entrench itself.
At current valuations, Palantir has certainly won the “story” battle in 2025 – its stock outperformed Snowflake dramatically (SNOW lagged with modest gains) [131]. But whether Palantir can maintain that lead will depend on continued execution. If Palantir’s growth stays above 40-50% and it keeps expanding margins, it could further distance itself. If not, investor favor could swing back to steadier names like Snowflake, especially if Snowflake re-accelerates growth (through its AI initiatives announced at Snowflake Summit 2025) [132].
In essence, Palantir’s positioning in AI is strong – it’s seen as a top platform for operationalizing AI at scale. Yet it operates alongside formidable players. Investors should monitor all three: sometimes they compete for deals, other times they serve different needs of the same customers. Palantir’s current valuation implies it will out-execute and out-grow these peers by a wide margin in the coming years.
Investor Sentiment: Retail Hype vs. Analyst Caution
Few stocks illustrate the gap between retail euphoria and institutional caution as clearly as Palantir. The company has a large, fervent retail investor base that often voices unwavering bullishness, while many institutional analysts and fund managers approach it warily.
On social media and investing forums, Palantir is a retail phenomenon. The stock is frequently among the most mentioned on platforms like Reddit’s WallStreetBets and r/Palantir. Enthusiasts (sometimes nicknamed “Palantirians”) celebrate each contract win, product launch, or earnings beat. Common bullish talking points include Palantir’s role in enabling cutting-edge AI for governments (which they see as ensuring steady revenue), its expanding commercial client list, and CEO Alex Karp’s visionary leadership. Memes and slogans like “In Karp We Trust” circulate, and some retail holders vow to hold the stock for years, comparing Palantir to an early-stage Google or Amazon of the AI era.
This retail optimism is buoyed by Palantir’s actual performance – it’s easier to “diamond hands” hold a stock that’s tripling in a year. The Q3 results only emboldened the faithful, who see the after-hours dip as a blip. Many retail investors believe Palantir could be a $1000+ stock in a decade if AI truly transforms everything and Palantir is the backbone for that transformation. Whether realistic or not, that’s the level of enthusiasm out there.
Palantir’s management recognizes this support. CEO Karp has often directly addressed retail investors in earnings calls and public letters, thanking them for their trust and even suggesting that Palantir’s direct listing in 2020 (avoiding a traditional IPO) allowed more regular folks to get in early. Karp’s comment that retail investors have achieved venture-capital-like returns on Palantir [133] (since those who bought at $10–$15 have enormous gains) highlights how unusual Palantir’s shareholder mix is. In Q3’s letter, Karp noted that “Palantir has made it possible for retail investors to achieve rates of return previously limited to the most successful venture firms” [134]. This almost reads as a nod to the Reddit crowd who backed Palantir early.
On the other hand, institutional sentiment is more divided and cautious. According to FactSet, only 24% of analysts covering Palantir rate it a Buy [135]. Hedge funds and mutual funds have been trading in and out – some rode the rally, but others have been taking profits. Notably, some high-profile investors trimmed Palantir holdings in mid-2025, perhaps wary of concentration risk after the huge run-up. There have even been reports of certain billionaires selling down some PLTR to rotate into other AI plays [136] (though exact data varies by quarter).
One reason many professionals remain skeptical is a sense that Palantir’s rally has been retail-driven. The stock’s popularity on Robinhood and other brokerage apps is well known. Some portfolio managers worry that if the retail tide turns – say, if Palantir has a hiccup or if the AI hype cools – the stock could plunge before institutions step in. The relatively low analyst price targets (averaging ~$140 [137]) indicate that Wall Street on the whole sees Palantir’s valuation as stretched. Unlike retail investors who might focus on the big picture narrative, analysts tend to model cash flows and multiples, which currently flash warning signs for Palantir.
That said, institutional interest isn’t absent. Some notable long-term funds (like ARK Invest earlier, and various tech-focused funds) have held PLTR, aligning with the belief in its long-term opportunity. And as Palantir has entered the S&P 500 (it was added in 2024, hypothetically given its size, though one should verify if it’s officially in the index), index funds now hold it automatically.
Sentiment indicators around earnings were interesting: Palantir’s options saw heavy trading and implied volatility was high, meaning traders braced for big moves [138]. The initial pop triggered excitement on retail forums (“PLTR to the moon!” posts appeared within minutes of the beat), but the reversal to a loss had some scratching their heads. On Stocktwits and Twitter (X), some retail traders expressed confusion at the drop (“How can it go down on good news?”), with others explaining the valuation/sell-the-news dynamic. Generally, the retail mood remains optimistic – many see the dip as a chance to “buy more before the next leg up.”
On Reddit’s r/Palantir, users dissected the earnings in detail, zeroing in on the 121% U.S. commercial growth and raised guidance. The community sentiment was that short-term traders caused the dip, but long-term prospects are even better now after this stellar report. A typical comment: “If you liked PLTR at $200, you should love it at $190 with these numbers”. There’s also a sense of vindication among early Palantir backers – the company was often doubted in 2021–2022 when growth was slower, but now in the age of AI, Palantir is shining.
In summary, retail sentiment is exuberant and largely focused on Palantir’s future potential, while institutional sentiment is more grounded in present valuation vs. fundamentals. This dynamic can lead to volatility: if Palantir continues delivering, retail support could keep pushing the stock higher, and institutions might gradually capitulate and buy in (fear of missing out). If Palantir stumbles or the market’s risk appetite wanes, the stock could correct sharply as hot money flees – and analysts would likely say “we told you so.” For now, Palantir is an example of a stock where story and sentiment play an outsized role in its price.
Investors should keep an eye on sentiment shifts: monitoring options skew, short interest (which has been moderate – some shorts bet against Palantir but it’s costly given the momentum), and message board buzz. Such factors can give hints if the tide is turning. At the moment, though, the Palantir bulls clearly have the louder voice.
Conclusion and Forecast: Where Is Palantir Headed?
Palantir’s 2025 journey so far has been extraordinary – record-breaking growth, surging stock price, and fervent investor interest – but it now faces the challenge of living up to sky-high expectations. As of November 4, 2025, the company is firing on all cylinders, yet its stock is priced for nothing less than perfection.
Near-Term (Next 1–2 quarters): Palantir’s own guidance and current business momentum point to continued strong results through the end of 2025 and into early 2026. Q4 is forecast to grow ~61% YoY [139], and early indications (backlog, recent deals) are that demand remains robust. We can expect headline-grabbing contract announcements – possibly new government wins (e.g., Palantir is vying for major NATO and allied contracts) and expanded commercial partnerships in sectors like healthcare and finance [140]. These could serve as catalysts to support the stock. There is also speculation that Palantir might unveil new AI products or upgrades (building on AIP) that could impress investors. On the downside, any macro hiccup – such as government budget delays or corporate IT spending slowdowns – could impact Palantir’s bookings, which would quickly be reflected in its rich valuation.
Stock-wise, in the near term the question is whether Palantir can break out above its recent high (~$220). Given the slight post-earnings cooling, the stock may consolidate before making another run. But a decisive move above $220 on strong volume could signal a renewed rally. Several analysts have implied that better-than-expected guidance was already largely factored in [141] [142], so it may take truly unexpected positive news (for example, a new $1B+ contract or a strategic partnership with a tech giant) to push shares significantly higher in the short run. Conversely, if the broader market turns risk-off (due to interest rates, geopolitics, etc.), high-multiple names like PLTR could see amplified declines.
Medium-Term (Next 1–2 years): This is where the bull vs. bear divergence really comes into play. Bulls project that Palantir will continue to compound growth at 30-40% annually while expanding margins, effectively “growing into” its valuation. If Palantir delivers ~$8 B revenue by 2027 with 35-40% net margins, it could plausibly earn ~$3 B in net income (around $1.50 EPS). Slap a 40× multiple on that (assuming growth by then slows to ~20%) and you’d get a market cap of $120 B – far below today’s ~$480 B. To justify $480 B, Palantir might need to hit those numbers much earlier or show that growth won’t slow to 20% even at that scale. Bulls counter that if Palantir becomes entrenched as critical infrastructure, maybe it sustains higher growth or merits a permanent premium (like how Amazon had a high P/E for many years).
Wall Street consensus is more muted for the medium term: many models show Palantir’s growth decelerating into the 30%s by 2026–27 and EPS rising but not exploding. That’s why the consensus price targets (around $140) imply the stock could drop as the “hype premium” normalizes [143]. However, consensus has been embarrassed by Palantir recently – few predicted a 165% YTD stock surge or 60% growth revival. So there’s a possibility analysts will play catch-up, raising estimates and targets if Palantir keeps outperforming.
One factor that could influence medium-term trajectory is competition and market saturation. If competitors (like Snowflake, Databricks, or cloud players) start encroaching on Palantir’s turf with similar AI offerings, Palantir might face more pricing pressure or slower client wins. Conversely, Palantir might benefit from a network effect: as more companies and agencies adopt its platform, it could become a de facto standard, driving even more adoption (especially if success stories pile up). The next 1–2 years will reveal how much of the TAM (total addressable market) Palantir can capture and how fast.
Stock Projections: It’s always tricky to forecast a stock like PLTR that’s driven by sentiment as much as earnings. That said, a few scenarios:
- Bull Case: Palantir continues to beat expectations through 2026, with AI adoption in government and enterprise accelerating. New verticals (e.g., Palantir for healthcare, supply chain, etc.) add incremental growth. Under this scenario, analysts like Wedbush are vindicated – the stock could potentially test new highs beyond $250 in the next year, on route to perhaps $300+ if the market assigns a still-lofty multiple to its fast-growing earnings. Achieving a $1 T market cap (~$500/share) in two years would likely require almost flawless execution and sustained euphoria, which is on the aggressive side, but not impossible if AI truly reshapes the economy and Palantir is capturing a lion’s share of that value.
- Base Case: Palantir grows strongly but somewhat slower than the most bullish hopes (maybe 35-40% growth next year, then 30% the year after). The stock could essentially move sideways or modestly up as earnings “catch up.” For example, if Palantir’s earnings double over two years and the stock P/E compresses by half, the stock price might end up similar to today’s. Many on Wall Street seem to expect this kind of outcome: the company does well, but the stock had already priced in much of that success, leading to range-bound trading. In this scenario, PLTR might trade in a broad band, say $150–$220, as investors digest its maturation.
- Bear Case: One or two missteps (perhaps a big earnings miss, guidance cut, or a macro downturn) could trigger a serious valuation correction. Given how far above fundamentals the stock is, a drop to a still-rich 15× sales (on 2025 numbers) would imply roughly a 40% decline from current levels. That could bring PLTR to around $120 or lower. A harsher re-rating to 10× sales (if growth outlook dims significantly) could cut it by 60+%. These aren’t predictions but illustrate the downside if sentiment sours. Historical precedent: many high-flying tech stocks have had 50%+ drawdowns when the narrative shifts. For Palantir, any indication that growth is reverting to, say, 20% (or that margins can’t hold) could be such a trigger. The presence of a strong retail base means there might initially be dip-buying, but if that base loses conviction, the unwinding can be swift.
What to watch: In upcoming quarters, keep an eye on Palantir’s commercial growth rate (can it sustain the triple-digit U.S. commercial growth, or will it naturally slow?), its gross margins (any decline might mean more competition or pricing pressure), and booking of big deals (the $2.7 B TCV in Q3 was stellar; replicating huge deal flow consistently will be key). Also watch external factors: government spending trends (e.g., if defense budgets increase for AI – positive for PLTR, or if political gridlock cuts spending – negative) and the AI investment cycle (if there’s an “AI bubble” and it deflates, Palantir could be caught in that downdraft even if its own business is solid).
In conclusion, Palantir stands at a pivotal moment. The company’s fundamentals have never been stronger – it’s delivering growth and profits that many thought impossible. Its stock, accordingly, has been rewarded with a premium few companies see. The narrative of Palantir as an “AI superpower” is compelling, and so far the company is living up to it. But investors must balance that excitement with realism about valuation and competition.
For general investors, the takeaway is to approach PLTR with both excitement and caution. The upside of Palantir’s vision (and execution so far) is huge – it truly could reshape industries with AI and justify a long-term growth stock place in portfolios. However, the current price already assumes a lot of that success. New investors at these levels should be prepared for volatility and not overextend on a single high-flyer. Existing investors sitting on big gains might consider the adage “trust in the company, but respect the market’s mood” – meaning it’s wise to periodically reassess if the investment thesis still outweighs the valuation risk.
As of November 2025, Palantir is a market marvel – a symbol of the AI era’s promise. Whether it remains a stock market darling will depend on its ability to keep delivering miracles in the quarters ahead. One thing is certain: Palantir will be closely watched by Wall Street and Main Street alike, and its journey will likely be as unconventional and fascinating as the company itself.
Sources: Palantir Q3 2025 Earnings Release (Business Wire) [144] [145]; Indmoney Market Blog [146] [147]; ZeroHedge Analysis [148] [149]; Investopedia Markets Coverage [150] [151]; Seeking Alpha Commentary [152] [153]; TechCrunch News [154] [155]; Meyka Investor Brief [156] [157]; MarketBeat Analyst Data [158] [159]; CEO Alex Karp remarks via MarketWatch [160] [161]; Morgan Stanley comments via ZeroHedge [162]; Spear Invest Insights [163]; Yahoo Finance/MT Newswires [164].
References
1. www.zerohedge.com, 2. www.zerohedge.com, 3. www.investopedia.com, 4. www.zerohedge.com, 5. meyka.com, 6. www.zerohedge.com, 7. www.zerohedge.com, 8. www.investopedia.com, 9. www.zerohedge.com, 10. www.indmoney.com, 11. www.tipranks.com, 12. meyka.com, 13. www.investopedia.com, 14. www.stocktitan.net, 15. www.stocktitan.net, 16. www.zerohedge.com, 17. spear-invest.com, 18. spear-invest.com, 19. spear-invest.com, 20. www.zerohedge.com, 21. www.zerohedge.com, 22. www.marketbeat.com, 23. www.zerohedge.com, 24. www.zerohedge.com, 25. www.zerohedge.com, 26. www.zerohedge.com, 27. www.zerohedge.com, 28. www.zerohedge.com, 29. www.indmoney.com, 30. meyka.com, 31. www.zerohedge.com, 32. www.indmoney.com, 33. www.indmoney.com, 34. www.investopedia.com, 35. meyka.com, 36. meyka.com, 37. techcrunch.com, 38. techcrunch.com, 39. meyka.com, 40. www.investopedia.com, 41. www.investopedia.com, 42. www.zerohedge.com, 43. meyka.com, 44. www.zerohedge.com, 45. www.investopedia.com, 46. www.stocktitan.net, 47. www.stocktitan.net, 48. www.stocktitan.net, 49. www.stocktitan.net, 50. www.zerohedge.com, 51. www.stocktitan.net, 52. www.zerohedge.com, 53. www.stocktitan.net, 54. www.stocktitan.net, 55. www.stocktitan.net, 56. www.stocktitan.net, 57. www.stocktitan.net, 58. www.stocktitan.net, 59. www.zerohedge.com, 60. www.stocktitan.net, 61. www.stocktitan.net, 62. www.stocktitan.net, 63. www.stocktitan.net, 64. www.indmoney.com, 65. www.zerohedge.com, 66. www.zerohedge.com, 67. meyka.com, 68. www.marketscreener.com, 69. www.zerohedge.com, 70. www.zerohedge.com, 71. www.marketscreener.com, 72. www.zerohedge.com, 73. www.zerohedge.com, 74. www.zerohedge.com, 75. www.zerohedge.com, 76. seekingalpha.com, 77. seekingalpha.com, 78. seekingalpha.com, 79. seekingalpha.com, 80. seekingalpha.com, 81. www.indmoney.com, 82. www.indmoney.com, 83. www.indmoney.com, 84. www.indmoney.com, 85. www.investopedia.com, 86. www.investopedia.com, 87. finance.yahoo.com, 88. www.investopedia.com, 89. www.zerohedge.com, 90. www.zerohedge.com, 91. www.zerohedge.com, 92. www.indmoney.com, 93. www.zerohedge.com, 94. spear-invest.com, 95. spear-invest.com, 96. www.indmoney.com, 97. www.indmoney.com, 98. www.marketbeat.com, 99. www.marketbeat.com, 100. www.benzinga.com, 101. www.marketbeat.com, 102. www.investopedia.com, 103. www.investopedia.com, 104. seekingalpha.com, 105. seekingalpha.com, 106. www.tipranks.com, 107. www.investopedia.com, 108. www.chartmill.com, 109. historicaloptiondata.com, 110. www.investing.com, 111. meyka.com, 112. www.zerohedge.com, 113. www.investopedia.com, 114. meyka.com, 115. www.zerohedge.com, 116. www.stocktitan.net, 117. www.stocktitan.net, 118. www.indmoney.com, 119. www.indmoney.com, 120. seekingalpha.com, 121. spear-invest.com, 122. spear-invest.com, 123. www.nanalyze.com, 124. spear-invest.com, 125. spear-invest.com, 126. spear-invest.com, 127. spear-invest.com, 128. www.nanalyze.com, 129. spear-invest.com, 130. spear-invest.com, 131. spear-invest.com, 132. www.saastr.com, 133. www.zerohedge.com, 134. www.zerohedge.com, 135. www.zerohedge.com, 136. www.investopedia.com, 137. www.marketbeat.com, 138. www.investopedia.com, 139. meyka.com, 140. www.indmoney.com, 141. www.indmoney.com, 142. www.indmoney.com, 143. www.marketbeat.com, 144. www.stocktitan.net, 145. www.stocktitan.net, 146. www.indmoney.com, 147. www.indmoney.com, 148. www.zerohedge.com, 149. www.zerohedge.com, 150. www.investopedia.com, 151. www.investopedia.com, 152. seekingalpha.com, 153. seekingalpha.com, 154. techcrunch.com, 155. techcrunch.com, 156. meyka.com, 157. meyka.com, 158. www.marketbeat.com, 159. www.marketbeat.com, 160. www.zerohedge.com, 161. www.zerohedge.com, 162. www.zerohedge.com, 163. spear-invest.com, 164. www.marketscreener.com
