PALANTIR TECHNOLOGIES: Cash Burn and Lack of Profitability Continue

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Palantir Technologies($NYSE:PLTR) Inc continues to report cash burn and lack of profitability by FQ2’22. The stock’s fate was also sealed when management reduced its FY2022 guidance, raising investors’ concerns about its previously bullish 30% annual growth rate through 2025. This lack of progress is worrying for investors, as it seems that the company is no closer to becoming profitable. If Palantir Technologies cannot turn things around soon, the stock is likely to continue to fall. This would be a shame, as the company has a lot of potential. However, without profitability, it is difficult to see how it can sustain its current growth rate.

Price History

On Friday, Palantir Technologies stock opened at $8.4 and closed at $7.9.

VI Analysis

PALANTIR TECHNOLOGIES is a strong company in terms of asset and growth, but is weak in dividend and profitability. It is classified as a ‘cheetah’ company, which means it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. High growth companies are deemed more volatile as they attempt to grow faster. PALANTIR TECHNOLOGIES has an intermediate health score of 6/10 with regard to its cashflows and debt, meaning it is likely to sustain future operations in times of crisis. However, due to its weak profitability, the company is considered less stable than other companies in its category.

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Summary

PALANTIR TECHNOLOGIES is a data mining and analysis software company that offers its products to government and commercial customers. However, in the last few years, PALANTIR TECHNOLOGIES has been burning through cash at an alarming rate. Despite these concerns, PALANTIR TECHNOLOGIES continues to be a popular investment choice for many investors. The company has a strong base of government and commercial customers and a large amount of cash on its balance sheet. In addition, PALANTIR TECHNOLOGIES is one of the few companies that is able to generate revenue from both government and commercial customers. If you are considering investing in PALANTIR TECHNOLOGIES, you should be aware of the risks associated with the company. PALANTIR TECHNOLOGIES is burning through cash at a rapid pace and has yet to show any signs of profitability. In addition, the stock price has been volatile in recent years.