Ok Man! Investors are willing to pay 420 Times what the company is earning on that basis right Now!

by

Congrats guys, $PLTR now trades at 420x trailing ebitda

Typical company might trade 10x 20x, so 420 is massively Insane.. It’s like buying a classic Ferrari for a price that could get you an entire luxury estate.

Palantir is betting on Future, with that high multiple, they have to deliver big times results, if that multiple are perfectly Wrong expect some “Turbulence” ☠️

h/t betsharks0

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