Continued improvement in fundamentals and technicals could carry Palantir to megacap scale. A $1 trillion market cap is a realistic destination for strong growth companies, and Palantir appears on that path, though its timing is uncertain. Drawdowns remain opportunities to accumulate until the thesis changes. x.com 

Palantir's government contract activity is growing sharply, supporting its resilience despite the share-price pullback. Its $2.1 billion in 12-month obligations is up 184% from the prior year, among the strongest increases tracked. The Cryptic Bottom Index remains green despite the pullback. Its score is among the highest in the Cryptic Research System, led by growth and profitability, though catalysts and valuation score weakest. x.com  x.com  x.com 

Palantir is still expensive even after falling about 45% from its highs, so it is a great business but not yet a great stock to add. At its $207 peak it priced in perfection, at roughly 70x 2026 sales and 230x trailing earnings; near $113 it trades at about 38x sales and 127x earnings as the business keeps executing. Interest returns near $100, with more aggressive buying in the $80-90 range or if the stock moves sideways long enough for revenue and earnings to grow into the multiple. x.com 

Palantir keeps printing growth that software companies at its scale are not supposed to achieve. Revenue grew 93% year over year last quarter, US commercial revenue grew 149%, and full-year guidance was raised to 82% growth. x.com 

Palantir may be undervalued because the market values it as a software company while its opportunity is much bigger. It spans AI deployment, government contracts, enterprise adoption and mission-critical data infrastructure, and expensive stocks can stay expensive when the business keeps expanding. x.com 

Palantir remains a great company, but after a roughly 60% run in two months its valuation is much less compelling; price still matters. Its edge is connecting data across an organization and turning it into decisions and actions as companies and governments spend heavily on AI. Last quarter US commercial revenue grew 150%, US government revenue 90%, operating margin reached 62% and free-cash-flow margin 63%. A meaningful pullback would be worth watching closely. x.com 

Palantir's accelerating commercial growth, sticky contracts and high margins make it a standout aggressive growth name despite its premium valuation. Q1 2026 revenue rose 85% to $1.63B, US commercial revenue grew 133% and government 84%, and full-year guidance was raised to about 71% growth. CEO Alex Karp cites overwhelming demand it cannot fully meet, showing real platform adoption rather than hype. x.com 

Palantir makes an amazing product no one else can match, and once customers are in the system it becomes incredibly difficult to leave. That has driven immense growth in customers, earnings and backlog, making it one of five growth stocks set to dominate over the next decade. x.com 

Palantir looks stretched again, back at about 69 times sales. Michael Burry added March 2027 Palantir puts after covering half his shorts near $107. A further run to $187-$198 would be the better level to lean bearish, and with software stocks running hot for two weeks, the whole trade may top out for a breather. x.com  x.com 

Palantir is a special company whose valuation, while not cheap, is far more reasonable than before and below some high-growth peers. This quarter is expected to bring $1.81B of revenue and $1.08B of operating income, 50% revenue and 100% operating income compounding over three years, and it usually beats by a sizable margin. At 95x earnings it is steep, but EPS is growing 96% this year with 43% compounding expected after, so it should not be cheap. x.com  x.com  x.com  x.com  x.com