Summary
- Palantir has developed the operating system for the modern enterprise that improves and accelerates decisions to implement solutions to the hardest problems.
- The company is becoming the standard for embedding artificial intelligence and machine learning throughout an organization’s operations.
- PLTR continues to increase its partnership with the U.S. Government while expanding their clients on the commercial side allowing them to become FCF positive.
- Palantir is a unique investment as they have taken an equity stake and signed software agreements with at least 10 companies that have the potential to shape society’s future.
Palantir (PLTR) has become a battleground throughout the investment community as one side can’t wrap its mind around the current valuation while the other side sees expediential potential. PLTR in the TTM has generated $1.33 billion in revenue while projecting 30% annual revenue growth through 2025 and $300+ million in adjusted free cash flow at the end of 2021. I am certainly part of the untapped potential camp as I see PLTR becoming one of the most important software companies of the decade. Over the past year, I have added shares, increasing my average share price from $9.80 to $15.29. I bought my initial block of shares at $9.80, and I have paid as much as $28 for PLTR. I plan on adding to my position in the future as PLTR is my highest conviction growth stock.
PLTR gets criticized for being a black box due to its ties to the intelligence community, causing individuals to overlook the big picture. PLTR’s software is now embedded across the largest government entities from the Department of Defense to the Department of Justice and is now in a position to pick up segments from the canceled JEDI contract. PLTR continues to increase its commercial business as more companies, including Airbus (OTCPK:EADSF), Boeing (BA), 3M (MMM), Rio Tinto (RIO), and BP p.l.c (BP) are now utilizing PLTR’s software. PLTR isn’t just revolutionizing the military-industrial complex’s capabilities or enhancing what commercial businesses can accomplish; PLTR is becoming the backbone of tomorrow’s technology companies through direct equity investments and software agreements. PLTR has created a large moat around its government business, is increasing its commercial exposure, and getting in on the ground floor of several next-generation technology sectors. PLTR is an investment in the evolution of technology as they are on the forefront of utilizing artificial intelligence, machine learning, and generating real-time decision-making from analyzing data..
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