Can Palantir Stock Keep Climbing After Its "Otherworldly" Earnings?
The company is growing at an unprecedented rate, and everyone expects it to continue.
Overview
Palantir Technologies' (NASDAQ: PLTR) share price soared after the company delivered another quarter of exceptional revenue growth and continued improvements in profitability. CEO Alex Karp described the quarter as "otherworldly" in the company's earnings release, and investors sent the stock higher on the news.
There's no doubt that Palantir has produced phenomenal financial results, helping drive its valuation higher. However, investing is far more focused on what's ahead for a company. Palantir will have to continue delivering very strong quarterly earnings reports to keep pushing the stock higher from here.
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Source
Originally published at www.fool.com.
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