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Palantir's market price has soared in 2024, but this valuation method suggests the worth might be otherwise.
Palantir (PLTR 0.28%) is one of the most popular artificial intelligence (AI) stocks in the market. In this video, Parkev Tatevosian, CFA®, conducts a discounted cash flow valuation of Palantir stock.
*Stock prices used were the afternoon prices of Oct. 2, 2024. The video was published on Oct. 4, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian 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.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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