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Where Will Palantir Technologies Stock Be in 3 Years?

TheMotleyFool

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Where Will Palantir Technologies Stock Be in 3 Years?: https://g.foolcdn.com/editorial/images/772719/gettyimages-1422925468.jpg

Palantir Technologies (NYSE: PLTR) is one of the more polarizing stocks in the market at present. It has been a very strong performer over the past year, up over 150%. However, that has also left it with a very hefty valuation.

The bearish case for Palantir largely centers around its valuation and current growth rate. The stock currently trades at forward price-to-sales (P/S) ratio of just under 19.