Dear Reader,
Palantir Technologies is a platform for data gathering, integration and subsequent analysis that recently listed on the New York Stock Exchange.
Palantir technologies is looking to become the dominant data analysis as infrastructure service. The potential for such services is huge. What Palantir Technologies is basically doing is using artificial intelligence to gather, model and analyze data and predict outcomes.
Artificial intelligence is the buzzword and the future. The one company who builds a scalable product to provide artificial intelligence to analyze data will be hugely successful. And Palantir Technologies is miles ahead of most other firms in this field. Its main competitors for machine learning/artificial intelligence as a service are Amazon Web Services and Microsoft Azure, the machine learning as a service products of Amazon and Microsoft.
Palantir is on track to make 1 billion USD in revenue in 2020. It has many contracts with the US government and major corporations already and has scalable products. Currently Palantir Technologies is valued at 16.4 billion USD by public markets. I estimate Palantir Technologies is worth 45 billion USD in the next 5 years or a stock price of close to 30 USD and if it becomes the frontrunner in scalable artificial intelligence it can reach 100 billion USD in market capitalization in 7 to 10 years.
Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".
Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.
Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Respectfully yours,
Petar Posledovich
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