By Corey Mann Palantir stock is facing market volatility after announcing its latest quarterly financial results. The popular stock pick amongst investors beat revenue expectations but reported a net loss of $0.08 per share.
Palantir Stock History and Outlook
Palantir is an American software company that specializes in data analytics. And it’s become a massive player within the industry. Overall, its top 20 customers generate an average of $33.2 million each in revenue for the company.
By 2025, Palantir expects to earn $4 billion in revenue. Projections for revenue growth in 2021 are near 30% and upwards of 45% for the first quarter.
However, fourth-quarter results of …read more
