Palantir's valuation is 'expensive,' but AI potential is strong

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Brent Thill News

Palantir

Palantir (PLTR) has continued to outperform, driven by the hype surrounding the AI boom. Jefferies Senior Analyst Brent Thill joins the Morning Brief to...

) has continued to outperform, driven by the hype surrounding the AI boom. Jefferies Senior Analyst Brent Thill joins the Morning Brief to share his outlook on the stock.

Uh the fundamentals, they've done a really nice job, you know, the beginning of last year, but basically 75% of the year they didn't produce anything.And then in Q four things started to turn, they really cleaned up all the, the bad execution uh last year in Q four and then in Q one, they had a really good number.Uh Clearly A I is really an infrastructure.

Uh So they've always thrived, you know, in, in that uh in, in that, that part, I think that the cha the challenge for investors on the government business is one, it's hard to really talk to the CIA or whoever has the software to really actually see what it's doing and does it work?So what we've said to investors is the government business is really difficult to analyze because it's hard to talk to most of those governments.

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