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Palantir skeptics double down on a concern that investors have been better off ignoring - MarketWatch

1. PLTR has reported eight consecutive quarters of accelerating revenue growth. 2. Stock up over 130% this year; projected market cap exceeds $400 billion. 3. Analysts express valuation concerns, but buy recommendations are gradually increasing. 4. Palantir's customer base grew by 64%, alleviating some growth concerns. 5. Some analysts worry about a potential stock valuation reversion in the near term.

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FAQ

Why Bullish?

Despite valuation concerns, PLTR's sustained growth reflects strong fundamentals. Bullish analysts predict significant price increases, exemplified by a 340% rise in 2024.

How important is it?

The earnings report and growth potential highlight PLTR's market position, influencing investor sentiment significantly. The article reflects ongoing discussions on valuation versus growth momentum.

Why Short Term?

The current momentum and earnings validation suggest immediate positive market reactions. Analysts' excitement can drive short-term investor interest.

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