Dear Reader,
Palantir Technologies, the big data analytics company, is currently valued at 42.66 billion by public markets.
I estimate that for the next 1 year Palantir is fairly valued. Actually, Palantir's products organize and deploy data, which is not artificial intelligence/machine learning on its own. Yes, Palantir products help companies deploy artificial intelligence models, but Palantir rarely builds the in-house company AI algorithms itself.
Palantir does offer artificial intelligence/machine learning models templates, though.
In the the time span of the next 3-5 years Palantir's market capitalization could actually triple from current levels, I estimate. Palantir Technologies is basically the only relatively large pure artificial intelligence company, that offers a large scale artificial intelligence/machine learning product.
So, actually, in the short-term Palantir technologies' stock price could markedly overshoot its intrinsic value driven by the huge expectations resting currently on artificial intelligence. I will not be surprised if Palantir's market value surpasses 150 billion USD in the not too distant future.
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
No comments:
Post a Comment