Will Palantir's performance over the next five to 10 years justify its huge valuation?
Big data mining software company Palantir ( PLTR -2.04% ) delivered another massive quarter last month, once again wowing the investment community with the red-hot growth it has seen since mid-2023. That's when Palantir unveiled its Artificial Intelligence Platform (AIP), a platform that incorporates third-party large language models (LLMs) into Palantir's Foundry and Gotham software. Since then, the company's growth has accelerated, and profits have lifted off breakeven and solidly into the black:
But after this impressive run of results, Palantir's valuation has appreciated to stratospheric levels. Currently, shares go for 522 times earnings , 184 times 2026 earnings estimates, and a stunni