Addressing Palantir's Growth and Profitability Issues

By Neil Rozenbaum – Feb 20, 2023 at 10:15AM

NYSE: PLTR

Palantir Technologies

Market Cap

$49B

Today's Change

(-3.77%) -$0.86

Current Price

$21.97

Price as of April 30, 2024, 4:00 p.m. ET

The company still has a lot of work to do.

In this video, I will talk about Palantir (PLTR -3.77%), specifically addressing its growth and the questions about its profitability. Palantir reported its first quarter with positive net income per generally accepted accounting principles (GAAP), but that wasn't the full story.

*Stock prices used were from the trading day of Feb. 17, 2023. The video was published on Feb. 19, 2023.

Neil Rozenbaum has positions in Palantir Technologies. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.