I Can't Stay Quiet on Palantir Stock (PLTR) Any Longer
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- เผยแพร่เมื่อ 10 มิ.ย. 2024
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#palantir ( #pltr stock ) has a huge problem. Ever since #openai released #chatgpt , new AI innovations are coming out faster than ever before. That means Palantir could be facing stiff competition from tech giants like Microsoft ( #msft stock ), Google ( GOOG stock ), and even Amazon ( AMZN stock ). And while their platforms may not be as good as Palantir Foundry, they have much bigger budgets and much better distribution. So, is PLTR stock still one of the best stocks to buy now or will Palantir be doomed to slow growth while the rest of the AI market rips past it?
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Timestamps for this Palantir Stock deep dive:
00:00 Why I've Been Quiet on Palantir Stock
02:39 Understanding Palantir's Platforms
06:20 Palantir's Competition in 2024
13:42 Palantir Will Be Doomed, Unless...
📝 Resources & References 📝
@BloombergTechnology Palantir CEO: Not Sure We Should Sell Our AI to Some Clients: • Palantir CEO: Not Sure...
@CNBCtelevision Palantir CEO: Problem is tech's unwillingness to support U.S. government: • Palantir CEO: Problem ...
@palantirtech Q3 2023 earnings: investors.palantir.com/financ...
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This one aged like fine milk ...
Any new update on rethinking the PLRT Doomed headline?
Haha 😂 yeah,
I hope you didn't sell your PLTR position. I held on to my 1800 shares, should have added more when it retraced to 15, but I can't complain.
1 month ago i wrote here that this is fear mongering at its best and that you could put any name instead of Palantir in this video. The whole video is complete usless
I like Alex’s videos, this one I can’t figure out though. If you look at what Karp is saying in the recent past, it only pointed to positive events…not Doom. Puzzling
Thank goodness I did not dump the stock and held it!
I'm no expert but I feel like palantir are well aware of their competition and do having a pricing strategy - they are pricing AIP low to remove friction for companies with the like of AWS and Azure already and when they see how it works and how valuable it is they will be stuck with it and pricing power will ensue
They have explicitly stated they can price out its competitors with a better product. Not worried about them falling behind--they pay money for good talent, which hurt them in the near term, but it's paying them dividends in the long term. Been a holder of PLTR since its DPO in 2020 and glad to have it today.
When you try to out price your competitors, it is a race to the bottom.
@@fernsmoraname a time when governments were ever worried about budgets!!!? Palantirs clients aren’t going to pay for a cheap, hackable product or startup with no history. Not going to happen…
I sold my FB stock because of your analysis. FB stock went up to the moon a few months later. One of my biggest mistakes. I have PLTR so I won’t make the same mistake.
Yeah, a few months after they COMPLETELY CHANGED DIRECTION. Maybe re-check your opinions on a stock more than twice a year?
Bro if you sold meta at any level below 250-then you don’t understand valuation. Anyone who wasn’t buying below 150 is an idiot. Just bc a you tuber had a bearish stance on a stock you sold??? Got a lot to learn my friend.
These comments can't be real. Unbelievably entitled and self-centered, did 29 real people actually agree with this!? Idiots.
Do not blame. Take responsibility for your own decisions and actions.
Your first mistake is depending on someone to tell you when to buy and sell instead of hearing it as an opinion....you're gonna keep losing more then you make.
It's one of those stocks you want to keep and forget until they rule the world .
( i still have apple from 1995)
May I ask how much is your apple stock is worth now?
@I_want_stocks I have a separate account where I used to buy $100 worth of stock and never look at it or touch it.( $1k / year budget)
I don't remember how many shares I received but last time I looked it was up around $14k . Also have Amazon , tesla ...
Prefer to forget about palm and AOL.
I have a completely different account with a different bank to do more active trading. They are far away from each other so I'm not tempted to touch it.
.... a friend bought me 3 bit coins for x-mas when they were worth $30 .
I thought I lost them until I went through my old boxes during covid.
Hundred or two hundred don't hurt if they don't make it, but it kills that horrible feeling of. I should have kept it, or I should have bought it.
.... I lost a bunch of money during. Com but saw the financial crisis coming.
When I bought a house. ... at least you can sleep in it no matter what tue price is.
@@I_want_stocks he is lying
@micro-organism-pv5gd that's not what I was referring to but jobs getting kicked out of his own company covers that scenario.
Lots of want to be Ai out there. Someone will get lucky., and I think it will be luck .
Still have Amazon at 20 bucks lol
If it's anything like the arguments against TSLA "The competition is coming" ... it's all good :)
Not reall musk making cheap teslas now
When this video was made PLTR was around $6. Today, a couple of months later its around $25.
You're either really bad at math or you've traveled through time. Either way, this comment is totally bogus.
Wasn't $6. It was $16.
Now $25
Still a decent return.
Alex’s analysis of the underlying technologies is always very insightful. But his investment acumen is suspect, which makes sense since his background is in science not finance.
Glad to finally get your updated perspective.
You do understand Palantir has had partnerships with Google Cloud, Azure and AWS since 2021, yes?
And as of today, also Oracle Cloud. This vid “analysis” aged sooo badly lol
thanks Alex for your insights, its helps stay based on our expectations on the potential performance of the compagny, i will still keep my position for the two to tree upcoming years to see, as they just need couples of tweacks to make it
I like how you bring up the dichotomy of Alex Karp's value perspective and Steve Jobs product market fit perspective. Did you consider that Alex's context is B2B while Steve's was B2C (in the beginning)? If you did consider this how did it inform your commentary on this matter. If you did not, do you have any new considerations?
You always earn a like. I have PLTR and Alex Karp is what swayed me to finally jump in. It's finally green and the long covered call I've been holding will expire worthless in Jan. You've given me something more to think about, whether I'll just sell another call and hold, or take the small profit and move on.
Alex Karp payed himself an insane of money to run palantir and he is the reason why you should not want it.
I doubt that they are really doomed.
He clarified at the end, that they are doomed from "reaching their full potential." That is a bit easier of a prediction to make.
Still...@@cupwithhandles
yup! @@guvna542
Been waiting for you to talk about palantir again, glad to have your insight
Hey bud, what you do think about forge for investing in private conpanies?
Your videos are very informative and your video animation and editing is extremely engaging. Thanks
Appreciate the technical research you did to make the video. Makes you more credible.
Thanks for the Video helps me know more about PLTR. However, I see PLTR a little different view as you do w/t Karp's business pricing strategy. I do agree with his choice of keeping the service price high to maximize profits. PLTR has different products, different customers compared with other companies that have common every day products like AAPL or MSFT. I would invest in PLTR for a specific niche market.
My cost basis on PLTR is a little over $9 per share. PLTR is growing, 17% is what I got from the clip here. From what I have read AI is going to be a monster and it seems there is room for more companies to make a killing than what we have to chose from now. C3-AI get's 85% revenue from just one customer. So they don't seem like big competition. MSFT is always competition as are other players in this sector. I think owning several of the AI companies will be a winning strategy. I own 5 and I will hold all of them and if just 3 of 5 are big winners, I'll be a happy camper. Great video but doesn't make me want to sell PLTR..
Which 5 AI companies do you currently own?
@@brianbell5887 PLTR, NVDA. SOUN, AI, ADBE
thanks for the video, great research as usual.
Palantir should consider commoditizing some part of their technology that is more cookie cutter to a subset of their customer base. This is important for the company to scale.
Great vid thank you! Ps The delete me looks fantastic thank you!
This is a very good skeptical take on PLTR! In addition to the Star Wars idea (which might run into IP issues) there's also Eve Online, which has a complex data model, including a simulation of another world's economic system.
This is not a consumer product. It’s enterprise software. Your apple comparison is apples to oranges. Enterprises care only about ROI. Karp is saying in his strategy that he is basically going to start the pricing out low, give enterprises the software and charge them over time as they recognize the roi. That is exactly what his strategy should be. Other than that all you’re saying is that there is competition. Point taken. And that they aren’t growing as fast as you’d like. Point taken. But the market is obviously pricing in reaccelerating growth. If you don’t think that will happen, fair enough. But with a massive and ever increasing TAM, I happen to think it will, and that there’s plenty of room for all the players you mentioned.
Agree that analogy was completely off base; its more like comparing AAPLs to Lasagna - Ordinary people vs Enterprise IT and Data workers.
Excellent analysis, excellent advice
Thanks for the video man, although just a few things I disagree with: I think the Apple comparison does hold true better in a B to C environment (where consumers can be lazy) rather than B to B. I think business won’t have a choice but to go for the best if it means they’re not competitive. If your competitors are seeing massive YoY improvements simply due to better software, you won’t be questioning the ease of integration. Eventually you will have to bite that bullet. Yes, distribution is a big advantage, but also complacency can lead to the downfall of the incumbents which you mentioned. Also, Palantir have improved on the demos and also are well aware if the need to modularise their offerings and go further downstream. Final note, Apple won in the end because they had a far superior product, first. Palantir did also start from roots of identifying the consumer’s problem (government, yes) and developing a solution to combat that, not the other way around.
Exactly what I was thinking
Apple also won in the enterprise. People started refusing to use their company provided blackberries because they already had an iPhone and didn’t want to use two devices. Companies jumped on the opportunity to have their employees buy their own hardware.
@@MartinRigbyRGB But Oracle is always more better than MSSql.
So will you sell your PLTR positions and purchase AI Stock? Question: If any of the AI developments / Working models were show or asked how to make Forge work better would that AI program be able to make it better and not violate patents?
Excellent job keep up the good work
Interesting arguments. My counter would be that Palantir makes AI solutions to beat the competition. So if they are their own client they will be trying to crush the opposition in their field. They let the others decide pricing and features to then beat them on features and price. My guess is their main problem in growing is hiring AI experts. You can only scale employee count so fast, if you want to stay EBITDA positive.
Wow, your suggestions for PLTR are amazing. That would make them unstoppable.
I think so too!
Hello Sir❤️….please give us an update on Sea Ltd….stock is currently at 52 week low….is it good time to go all in ?
2024-02-05 this didint aged well
It hasn’t aged at all. Listen to the actual concerns I laid out in the video. They’re all still true.
Product Market Fit for Enterprise / non B2C areas is a bit different than B2C. Steve Jobs does indeed make a great point about B2C products. For B2B the decision maker will look at the numbers and decide for the rest of the department or company what tool/software they will use. Palantir seems to have a head start when it comes to the value proposition for large enterprise / governments. Until Amazon or someone similar comes bragging that they are signing similar contracts to Palantir's NHS one, I think they will continue to seem to be ahead.
"Palantir shares rocket 30% after revenue beat, strong demand for AI".
one of the best (if not the best) analysis on Palantir, fully agree on how view its problems, the strengths in its product, and weaknesses, or to say lack of focus on the pricing side of things. Big respect for all these amazing videos, ganna spend time to watch them all and learrnnnnn!!!
You are so much better than MeetKevin, or Jeremy. You seem to always bring me a perspective worth thinking about, and I rarely feel you are trying to sell me anything, such as a "class" or an "expensive" membership. This is why I tend to want to watch your stuff, and seem to only skim theirs.
I have a rather large position in PLTR. Started buying at the DPO. I'll see where it's at in 5 years. Not worried about.
These are valid questions. I see last year as the Gold Rush era of AI. There's gold in those hills. Nvidia been raking it in since they own the picks and shovel. Everyone else is setting up shop at the base and trying to figure out how they'll make money/mine gold. This year will be crucial.
How would you update this video, after the release of Palantir's earnings yesterday? Are you going to post an update video?
Good one! Who is his daddy NOW!!!
Listen to the actual concerns I laid out in the video. They’re all still true.
@@TickerSymbolYOU You read something in my comment that wasn't actually there, either explicitly or implicitly. Read my question again and, think for a moment, and answer. You might consider posting a video explaining how Palantir succeeded despite the challenges brought on by its arrogance or how it succeeded despite nonstop negative press, promulgated by CNBC, Bloomberg, and their analysts who all share the same worldview. Just a thought.
An excellent honest video. So it would seem that marketing plays a huge part in who dominates !
9:20 that's such a perfect way to describe something like Slack versus MS Teams. When we switched over to Teams 2 years ago everyone universally hated it compared to slack, now we are still using it lol
Like I keep saying; Palantir has the best products. But the best products aren't always the winners.
@@TickerSymbolYOU in case of bullshit apps which anyone can make, i agree. But in AI, the product that will win is the one which unlocks the most value. The user interface and user friendliness doesn’t matter.
Congratulations Alex on the engagement 🎉 👏🏼
Thank you!!
Excellent analysis with some very valid questions asked! The Star Wars demo is brilliant and would love to see it come into fruition. Palantir have certainly grounded their confidence after a successful year, and I believe in them, but as you’ve stated there are absolutely some adjustments required in order to truly hit the ground running.
There was no data presented, other then him trying to show Karp as being arrogant.
Great observation. Think I'll hit the ground at a fast walk !! Glad I limited my investment !
Can someone please send this video to Alex Carp!
Man, that was excellent. Don't see content like this in the stock space.
I appreciate you!
well they gained 30% today
Karp should be hiring you!;-) I'm long PLTR but thanks for this video that brings some great insights.
I think you need to go onto Palantir weekly and discuss these with Arny. I feel there is counters to much of this. But it's valuable.
Always happy to chat with other investors
agree would be good to hear from all sides
Wish we still had code
"Trust Palantir with their data". AI has a lot of potential to pressure Palantir; however, the "trust" factor and its ultra-high security clearance
are moats that Palantir will help them defend their position as they continue to develop and expand its AI applications and tools.
Very informative video and worth keeping a very close eye on.
Good video bro I like the idea of a more thought out demo environment as an accelerator for growth/POCs could help commercial adoption.
I do think that would help them big time
Fabric and Q arent just inferior, they simply dont do the same tasks. Neither one has ontology, they simply are trying to integrate an LLM into their workflow. Yes they have a huge advantage in distribution, but if anything their limitations will be an advertisement for PLTR.
Your solution seems inferior to bootcamps they are running. Using their software on a fictional company might be interesting, but its far more interesting to have it done on your company with your data with experts helping you.
Jobs point applies more to the public and layperson, not companies looking to solve their complex problems. If PLTR cant keep up with demand they must be doing something right.
Good analysis and you definitely give good reason to be hesitant on Palantir, and you’re right that the best product doesn’t always win. Devil’s advocate response: AI is a different animal. I think Karp is right in that companies will pay for the best product. We’re seeing that with Nvidia. There is a mindset that if you don’t have the best AI, your AI will get beat and you’ll be in danger of falling behind and becoming obsolete. Not getting the best product increases your risk of that happening.
Definitely can understand that argument. I'm not convinced but it's a solid viewpoint. We'll have to wait and see which way it shakes out.
I’m not confident enough in Palantir to make it a core position, but like the risk/reward profile for a small stake. We’ll probably start to get an idea of what way it will shake out after the upcoming earnings call. I see the stock either skyrocketing or plummeting after reporting.
"The best technical product never wins". I can confirm that first hand after 20 years of experience in software in silicon valley and in Europe. If you focus primarily on the technology you forget about the customer's real needs they will always prefer inferior products with good marketing and you will lose.
Legitimate concerns. MSFT will be able to do 80% of what PLTR can do with a significant cost advantage and ease of deployment. PLTR will own the large-scale complex customer that still uses legacy IT systems, but for the majority of businesses, the AWS vendors will be able to offer a good solution. If anything, this will cause a more rapid conversion to an outsourced IT cloud infrastructure once companies see that this conversion comes with a solid AI-enabled data analysis solution baked into the product versus needing to spend millions and millions to deploy a more complex PLTR product. But again, I am not saying PLTR will not be viable = they will still be a good player for the large-scale legacy companies.
Upcoming earnings for PLTR will give an important clue if new AIP strategy is working. I expect big, really big results from Palantir, and will be doubling my position before the next earnings report. I anticipate all of the questions presented here to be answered in 2024.
you made it, the result came in BIG
PLNR, one person shouldn't wear every hat, it's not always a good fit or look, great recommendations, I hope they at least consider it. Great stuff, I enjoy and learn so much from your show, thanks!
Simulated Star Wars Empire is a brilliant and super fun idea!
I need to replay this .. wasn't quite sure if you are saying Palantir is the future or not going to be able to compete with AWS, AZURE, GOOGLE and of course when we see what APPLE comes out with in AI.. (i think it will be something AMAZING but hey that's my opinion... Still a bit confused on your take on Palanitr...???
Boot Camps solving many of these issues and making Palantir sticky.
Isn't true about every single stock out there that there is always some issues with the company that stops it from reaching its full potential? I see whats important is that if the company is doing enough to overcome its shortcomings and rising above the current/potential challenges. With that being said, i would really want to see that star wars dataset and it can create a game out of it by linking all the commands with VR headset :)
2024? No way... PLTR is just getting started, my friend.
Which is more promising as a defense tech startup? Palantir or Anduril
both good… by the way… palantir is heavily invested in anduril
So true, it's not about the technology or tech team... it's all about the business side and those relationships. Speaking from my experience as an engineer and field application engineer in several silicon valley companies.
What happened to your love affair with ARK? You seem to invest whichever way the wind is blowing. Have a plan and stick with it.
This feels like those guys “Everything Money” I used to like his channel but then was married to Ark and then later divorced and married again and then divorced. Then another time it was Nvidia. This guy is very interesting. Just my opinion
Stay away from such TH-camrs. I'm still not recovered from Moron Cathy's Ark ETFs suggested from here.
I like your idea of palantir setting up a demo how you described with star wars. I hope they consider something like it.
Impressive video Alex! 😊
Bold push at the end. 👍
Very cool visualizations! Looks like they are produced by Palantir proper but I can’t find them on their site. :(
This video was only released a month ago, but has already aged like blue cheese 😂😂😂😂
Guys before you go haywire and sell everything make sure you understand a TH-camr’s job is to make videos for a living and this guy is the pinnacle of that and I’m convinced him like many others don’t really understand markets and how they really work. Be safe out there and do your own research.
That Steve Jobs quote fits perfectly
Love what you do, but help me reconcile how a month ago you made this video on Palantir and then three weeks ago, Palantir is on your list of top stocks to own. Can you help explain the difference?
This video: Palantir has great products but a lot of competition.
Portfolio video: includes Palantir and its competition.
Awesome Video! Great Work 🙂
Glad you liked it!
Great info!
What do you think PLTR needs to do in order to work backwards and build the customer experience as Steve Job points out it is more important than the technology itself?
The great content.
Interesting perspective. I actually sit in an IT department and had one of their sales guys connected as i wanted to understand the product and im not impresses.
the report says AI is supposed to be 1.1 trillion by 2032..... that is what we call the cart before the horse....
Government has a lot of catalyst. You make valid points but I think they will adapt like they did with AIP
You pretty much pointed so many good things about the company, I like Alex Karp he’s a smart brave guy and I trust him to drive the company into prosperity
Is this analogous to Sony BetaMax vs. VHS back in the day.
Great video, even if palantir went up so much, your arguments are still very valid, but I believe that what you have pointed out are not fatal weaknesses, when you have a solid product in hand, pricing strategy is really not the most difficult part.
Alex, great analysis! I am bullish on PLTR and hold stock but I always ask myself, they have out-of-this-world technology, when are we going to see the stock at its real value? Similar to TSLA. I just hope Alex.. the other Alex understands that they need to let the world know the great product they have! (in simple terms as possible)
I remember when you basically did a similar video about NVidia, back then I thought you were legit, so I changed my mind and didn’t buy. And then it exploded.
yeah, if only I made 10+ videos talking about Nvidia being a good investment before and during that explosion.
@@TickerSymbolYOU More proof that your narratives just follow the stock prices. LOL
I work with AI in language, altho what has actually happened is that the available FMs have propelled our AI forward due to the multitudinous ancillary cleaning, reviewing, etc that can be passed over
The editing of your videos 😮
your overall game plan how PLTR can reach their full potential is brilliant, hope CEO Alex K to at least hear your voice!
What about Gingko,… your next Amazon?
Question: who do Palantir salesforce target ? Are they first contacting the IT people or the business owners ? As a technology proud organisation I bet they go straight to the IT manager ... Do you now how they go to market ?
Great video. I am a holder but I never understood all the cultist devotion to the company when it's clear they have never quite hit their stride in terms of increasing revenue. If anyone is even objective, they can see that palatir consistently misses the spot outside of government contracts. Even at this point, there's very little to suggest the exponential growth that all their lovers keep espousing.
I respectfully disagree. I purchased shares the day of the direct listing with the intent of holding at least 10 years. I only wish I had more money to purchase more shares.
I’ve been dollar cost averaging PLTR since 2020 from $11 up to $30’s down to $7 and back up to $20.
PLTR had a huge advantage. 50% of their sales are government so protected from recession. 18 years experience, consistent revenue growth, no debt, profitable, better price to earnings than other ai plays. I’ll be holding and buying PLTR for years to come. The absolute floor IMO for this stock is 150B so that’s 2 xto a bearish valuation long term. And lastly it doesn’t matter who wins the ai wars to PLTR. Any LLM come out on top and PLTR grows.
My 2 cents.
Lastly
What ever happened with Tenet Fintech ticker PKKFF?
How about UIPath?
Alex, the Star Wars dataset is brilliant! I faced the same challenge when presenting the solution to my senior leadership; demonstrating its value before committing to a large contract proved to be difficult.
Pretty great video ! Thanks, glad I didn't bet the house !
Glad you enjoyed it
I think product market fit is only available when you have the tools to meet your customers demands in the first place. I believe Palantir have the tools
Interesting analysis. I might follow you on this one, whereas I disagreed a couple of months on your Unity sell signal and bought more instead as I believed (correctly so far…) that they would pull out of that mess.
I don’t think there was anything to disagree with on Unity. I said what I thought they needed to do, they literally did that exact thing, so I’m once again a happy shareholder
Suggest you read my response to this video. Do not base your investment/trading decisions on some TH-camr’s opinion.
@@RickHunter-gs8gh or on someone else's comments to Alex's well-prepared data?
@@elkcircle7245 Mine. Posted this morning.
this headline aged well ...