Palantir Technologies(PLTR) The Motley Fool·2025-01-12 10:12Financial Performance - The company achieved four consecutive quarters of accelerating revenue growth and maintained profitability, which was a priority announced the previous year [1] - US commercial revenue, including AIP, grew 54% year-over-year and 13% sequentially, with customer count increasing by 77% [2] - The remaining deal value (backlog) surged 73%, indicating continued growth potential [2] - In Q3, revenue grew 30% year-over-year to $726 million, with EPS surging 100% to $0.06 [10] Stock Performance and Valuation - The stock price soared 340% in 2024, making it the best-performing stock in the S&P 500 and the third-best in the Nasdaq-100 [5] - The stock trades at 158 times forward earnings and 41 times forward sales, though traditional valuation metrics may not fully capture the value of high-growth stocks [3] - Using the forward PEG ratio, the stock is undervalued with a multiple of 0.37 [8] Strategic Moves and Market Positioning - The company achieved four consecutive quarters of GAAP profitability, securing its admission to the S&P 500 in September [7] - Management shifted the stock from the NYSE to the Nasdaq, leading to inclusion in the Nasdaq-100 and greater institutional ownership [11] - Boot camp sessions paired customers with developers to create AI solutions in as little as five days, contributing to recent success [10] AI and Data Mining Impact - Surging demand for the Artificial Intelligence Platform (AIP) fueled the company's results, enabling practical AI applications for data-driven decision-making [6] - The excitement around AI's potential contributed to the stock's epic run, alongside robust performance and strategic management moves [9]