Is Palantir the Next Tesla?
Palantir's (NASDAQ: PLTR) impressive rise over the past few years has been nothing short of incredible. Still, there have also been questions surrounding Palantir's ability to deliver on the high expectations baked into the stock price. There has been no shortage of analysts calling for Palantir's fall (myself included) due to extreme valuation.
This reminds me of another stock whose valuation metrics do not make a lot of sense: Tesla (NASDAQ: TSLA). However, Tesla has continued to defy traditional valuation metrics and has stayed at an elevated stock price for some time.
Could Palantir fall into this same realm? Or is it so inflated that a crash is coming?
Source Fool.com
Tesla Inc Stock
€290.95
-0.800%
Currently there is a rather positive sentiment for Tesla Inc with 106 Buy predictions and 39 Sell predictions.
As a result the target price of 409 € shows a positive potential of 40.57% compared to the current price of 290.95 € for Tesla Inc.
