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News  ›  The Motley Fool

Prediction: Artificial Intelligence (AI) Powerhouse Palantir Technologies Will Disappoint Wall Street on Nov. 3

The Motley Fool Logo The Motley Fool By Sean Williams
Prediction: Artificial Intelligence (AI) Powerhouse Palantir Technologies Will Disappoint Wall Street on Nov. 3

Palantir Technologies, an AI-driven data mining company, has seen a massive 2,780% stock surge since 2023, but analysts predict potential disappointment in upcoming Q3 earnings due to extremely high valuation and potential AI market bubble risks.

Insights
VRTX   positive

The company is expanding its strategic presence in Europe, strengthening leadership, and demonstrating commitment to innovation and international compliance


PLTR   negative

Extremely high price-to-sales ratio of 136, potential AI market bubble, federal government shutdown impacting deals, and unrealistic market expectations