We're very confident. We started a little bit behind our competitors. Adrian only joined us in March.We didn't get our first wind tunnel car into the wind tunnel until uh April. So, slightly behind our competitors. I believe we're in their tunnels in January.Um we have a lot of new a lot of new partner with Honda, a new power unit. We have a new gearbox we're making for the first time. We uh we we have new sustainable fuels with our fantastic partner Ramco and Valvalene for our lubes and our engine and our ...

Nothing is new about Palantir's valuation; it is rich. It trades at roughly 320x trailing P/E versus about 24x for the tech sector, and its EV/sales is on the order of 100x verses the sector median of 4x. It seems like virtually all potential big wins already seem baked into PLTR’s stock. These sky-high multiples suggest most investors are counting on continued explosive AI-driven growth, so the bar for disappointment is very high.Valued at around $435 billion by market cap, shares of PLTR have surged about ...

Core Insights - Palantir Technologies has gained significant attention as a leading AI stock, driven by impressive quarterly performance and substantial government contracts [1][4] - The stock has increased by 135% this year, outperforming major competitors in the AI sector [1] Financial Performance - In Q3, Palantir's total revenue rose by 63% year-over-year to $1.18 billion [4] - Government revenue grew by 52% year-over-year to $486 million, supported by strong execution in defense and intelligence programs [4] - The company achieved a record total contract value (TCV) of $2.8 billion, a 151% increase year-over-year, with 204 deals exceeding $1 million [5] Business Segments - Palantir's government business remains a core strength, with international government revenue increasing by 66% year-over-year [5] - The U.S. commercial segment is now the fastest-growing division, surging 121% year-over-year as corporations adopt AI solutions [6] Profitability Metrics - The company reported an adjusted gross margin of 84% and a net income of $476 million, representing 40% of total revenue [6] - Adjusted earnings per share stood at $0.21, indicating strong profitability alongside rapid growth [6]