As Palantir Gets 6M Shares of Surf Air Mobility Stock, Is PLTR or SRFM a Better Buy?

Core Insights - The collaboration between Palantir Technologies and Surf Air Mobility aims to leverage AI for advancements in regional electric aircraft travel [1][2] - Palantir has seen significant stock performance, with a 145% increase this year and a market capitalization of approximately $453 billion [4] Company Overview - Palantir Technologies is a data mining company known for its Gotham and Foundry platforms, which provide real-time analytics and data sorting capabilities [2] - The company has transitioned from a government contractor to serving commercial businesses, focusing on supply chain management and predictive analysis [3] Financial Performance - In Q3, Palantir reported earnings of $1.18 billion, reflecting a 63% year-over-year increase, with U.S. commercial revenue rising 121% to $397 million [4] - U.S. government revenue reached $486 million, marking a 52% increase from the previous year [4] Valuation Concerns - Palantir's valuation metrics are notably high, with a price-to-earnings (P/E) ratio of 569 and a forward P/E of 345, alongside a price-to-sales (P/S) ratio of 160 [5] - CEO Alex Karp acknowledges the challenges in appraising the company's significance and financial value, emphasizing its potential for retail investors [5]