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