Think Palantir Stock Is Expensive? This Chart Might Change Your Mind.

Palantir Technologies (NASDAQ: PLTR) has been one of the hottest stocks in the artificial intelligence (AI) space. The company's early leadership position in AI software systems for businesses and government agencies has helped it post impressive business performance translating into stellar stock returns. The company's share price is up 288% over the last year, even with a significant pullback recently.Palantir now has a market capitalization of roughly $148 billion as of this writing. At the valuation, the company is trading at roughly 136 times this year's expected earnings and 42 times expected sales.With these forward sales and earnings multiples, Palantir already commands a significant valuation premium -- and some very strong future growth is already priced into the stock. But as lofty as the company's current valuation looks by most metrics, there are some signs suggesting Palantir stock could offer substantial upside. And there's one in particular that investors should pay attention to.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool