Does Palantir Stock Deserve an Upgrade?

By Parkev Tatevosian, CFA – May 13, 2024 at 10:11AM

NYSE: PLTR

Palantir Technologies

Market Cap

$53B

Today's Change

(3.62%) $0.83

Current Price

$23.79

Price as of June 6, 2024, 4:00 p.m. ET

Palantir's latest quarterly results warranted a change in how I perceive Palantir stock.

Fool.com contributor Parkev Tatevosian updates his recommendation of Palantir (PLTR 3.62%) stock.

*Stock prices used were the afternoon prices of May 10, 2024. The video was published on May 12, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.