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Improvements in this Metric Could Be the Bullish Sign Palantir Stock Needs

TheMotleyFool

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Improvements in this Metric Could Be the Bullish Sign Palantir Stock Needs: https://g.foolcdn.com/editorial/images/786663/worker-analyzes-data-in-war-room.jpg

Palantir (NYSE: PLTR) has sent contradictory signals to investors. Its Artificial Intelligence Platform (AIP) has offered exponential productivity gains to its clients. One spoke of Palantir accomplishing more in one day than a hyperscaler had in four months. Another claimed to build 10 times faster with 3 times fewer resources.

The problem for investors in the software-as-a-service (SaaS) stock was that these gains did not appear to translate in the financials. However, a boost in a key metric could mean Palantir may finally benefit.

In short, the metric to watch is revenue.

Source Fool.com

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