Seeking Alpha
07 Nov 2026, 11:38 UTC · 36m ago
Palantir: Great Business, Wrong Time (Rating Downgrade)
Impact · against what's priced in
The downgrade for Palantir is driven by technical correlation shifts and slowing bookings, though fundamental growth remains strong. While the market already expects a growth deceleration, the shift toward tracking semiconductor volatility introduces a new risk factor not previously factored into the company's AI-as-a-service valuation.
- PLTR−0.20
Challenges what's priced in
- The price assumes
Revenue growth decelerating from the recent 93% rate to roughly 35-36% annually over the next decade.
The 6% YoY growth in total contract value and a dip in RPO suggest a faster deceleration in the sales pipeline than the modest slide to 35% the market has already baked in.
What PLTR's price assumes · Sep 10
