"Predicting Palantir Technologies' Trillion-Dollar Potential by 2035"

1 min read
Source: Yahoo Finance
"Predicting Palantir Technologies' Trillion-Dollar Potential by 2035"
Photo: Yahoo Finance
TL;DR Summary

The Motley Fool examines whether Palantir Technologies (NYSE: PLTR) has the potential to reach a $1 trillion valuation by 2035, considering its current market cap of $51.6 billion and the necessary growth rate. While Palantir's software platforms have shown promising results, achieving a 30% Compound Annual Growth Rate (CAGR) to reach the trillion-dollar mark may be challenging. Despite solid business performance, it's uncertain if Palantir can sustain the explosive growth required for this milestone, making it a stock worth considering for long-term investors but not necessarily a candidate for the trillion-dollar club by 2035.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

5 min

vs 6 min read

Condensed

91%

1,04094 words

Want the full story? Read the original article

Read on Yahoo Finance