Came across the news that Palantir reported Q3 and honestly the numbers are kind of insane. Revenue up 63% but U.S. commercial revenue grew 121%
Their CEO literally went on the earnings call saying they achieved “best performance in software history” and called out bearish analysts for being wrong at every price level. WOW.
What bothers me is when growth is THIS extreme, you’re either riding a massive wave or pulling forward demand. 121% doesn’t repeat easily and Palantir’s been around for years so this sudden explosion feels kinda bubble-ish.
That said their moat is legit with integrating LLMs into private defense/enterprise networks.