Palantir's market capitalisation, taking into account yesterday's circa 17 % stock price jump after the fourth quarter earning report is around 18.4 billion USD.
Palantir's 2022 full year revenue is 1.9 billion USD. And for the fourth quarter of 2022 Palantir Inc, for the first time in its history as a public company reported net quarterly profit of 30.9 million USD.
Actually, I would say that Palantir is fairly valued.
If Palantir Inc goes on reporting net quarterly profits and its net profit margins increase I can see upside of 30 % to 40 % in Palantir's intrinsic value.
The technology stocks' market environment with the increasing interest rates levels, however, is not conductive of the usual previous Price/Sales valuation metrics of 20 +.
Only 3 to 4 years ago Palantir's Price/Sales was circa 30 or even more.
In addition, there have been news about come corporate governance issues regarding Palantir, as reported by many news outlets.
All in all, I believe Palantir is fairly valued taking into account the post earnings stock price jump from yesterday and Palantir's market capitalisation reflects more or less its intrinsic value.
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