Peter Thiel Is Dumping Palantir Stock. Should You?
The one main concern about this stock is its valuation, which could be the biggest reason for the recent selloff. PLTR's price-to-book is 45, much higher than the sector median of 4, indicating a very expensive stock. Similarly, its price-to-sales ratio is 73, compared to the sector median of 3, further highlighting the high valuation. However, bulls argue these multiples price in a continued AI boom and Palantir’s high margins. Bears point out that this pricing leaves little margin for error if growth slow ...