News Summary

• Palantir Technologies (PLTR) shares look expensive, but a look at future earnings reveals a very different picture.
• On the earnings analysts expect by 2027, today’s share price of about $122.92 is a multiple of just 60.9 times.
• Analyst consensus projects revenue will grow about 47% a year for the next two years.
• The engine behind this is surging demand for its Artificial Intelligence Platform (AIP) in the u.s., where commercial revenue recently grew 133% year-over-year.