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Is Palantir Wall Street's Next Stock Split?

The Motley Fool Logo The Motley Fool By Johnny Rice
Is Palantir Wall Street's Next Stock Split?

Speculation is growing about a potential stock split for Palantir, an AI company that has seen over 330% stock growth in the past year. While stock splits can spark investor interest, the article cautions investors to focus on the company's fundamentals and warns about its high valuation.

Insights
DAVEW   positive

Company is expanding leadership team with an experienced executive, focusing on strategic growth and product enhancement


PLTR   neutral

The company shows strong performance with double-digit sales and earnings growth, operates profitably, and has a unique AI implementation strategy. However, its extremely high P/E ratio of 620 suggests the stock is overvalued, leading to a neutral sentiment.