SPI-Club has been bullish on Palantir since we added it to the Innovative, Disruptive Equities Model Portfolio in May 2021, and our patience is being rewarded.

Their closed Artificial Intelligence (AI) initiatives are like nothing else out there, and with heavyweights from Wall Street backing them, we are excited about the long-term potential that Palantir will become another 10x plus success for long-term early investors.

·      Year to Date             +30.04%

·      Last 12 months       +125.76%

·      Last 24 months       +189.01%

·      Last 60 months       +134.35% (note momentum building)

They exceeded performance expectations delivering double-digit growth rates across the board.

Total revenue soared to $634 million, a 21% increase year over year, surpassing both Wall Street estimates and their own guidance. Adjusted operating income also came in above consensus at $226 million.

Government revenue exceeded expectations at $335 million, up 16% year over year, while commercial revenue surged to $299 million, a 40% increase.

Palantir’s commercial segment pipeline is highly impressive with a 94% increase in new deals and a 74% growth in remaining deal value.

It’s clear that Palantir is poised for explosive growth!

This is an opportunity for SPI-Club Members with spare long-term capital to buy at a discount to Palantir’s future value as its growth trajectory points skyward.

Palantir CEO Alex Karp announced in November 2023 the securing of a $410 million contract to establish a new data platform for the UK National Health Service, initially to run for 5 years.

Mr Karp confidently stated, “Palantir is just scratching the surface and in 10 years, Palantir could be 10 to 20-times bigger”.

It is clear the potential for Palantir to grow is enormous and remains a strong BUY for SPI-Club Members.

Warmest regards,

Stu

Stuart Langan

SPI-Club Founder & Editor

Our “DIY”, “Done for YOU”, or “Done with YOU services”

Disclaimer: SPI-Club provides information and guidance but does not offer investment advice. Please conduct your research and consult with financial professionals before making any investment decisions.