Mythz
2021-09-22

Cut your palantir while you can. This stock is bearish. The recent pump up is due to the WSB meme rally leading it up close to 30.

If you have been holding long, you would have know that the stock price has not been growing for the past 1 year. No doubt that thestock is a stable stock but the promise of 30% growth yoy has not been met.

This company is no longer considered a start-up as well, but in the recent series A funding, it gets 17 million worth of funding. This has been very low compared to previous finding. It is also under the average funding of many start ups.

Many of the analysts have also downgraded this to either a sell or neutral. This stock is probably worth 20-22.

What are the contributing factors to this company growth?

$Palantir Technologies Inc.(PLTR)$

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