Amit Kukreja
PALANTIR CROSSES $200 A SHARE, EARNINGS MONDAY | Palantir Weekly
11/1/2025, 1:10:56 AM
Economic Summary
- With current interest rates, firms can 'farm yield' by investing cash in treasury instruments; as rates fall, yields on these holdings will decline, making cash deployment decisions more important for corporate returns.
- Companies should avoid burning cash unnecessarily — preserving cash and earning short-term yield is prudent until clearer high-return investment opportunities emerge.
- Palantir's FedStart and government-facing insights give it early visibility into potential winners in the public-sector tech ecosystem, enabling strategic stakes or acquisitions aligned with its mission.
- Market structure is concentrated: with fewer meaningful public companies (Tom Lee's point), capital chases a small set of names, supporting valuation premiums for companies seen as category leaders.
Bullish
- Palantir is executing and has large long-term TAM with significant upside.
- Management can farm yield on cash instead of burning it, preserving optionality.
- Rocket Lab and Robinhood demonstrate prior asymmetric returns from early conviction.
Bearish
- Stock could retrace from recent highs (e.g., $200) down to ~$150.
- Valuation may be extended despite execution; downside if growth disappoints.
- Hard to find another company that replicates Palantir's asymmetric upside.
Bullish tickers
PLTRRKLBHOOD
Bearish tickers
PLTR
PLTR
5 price targets
6200150500600
Bullish
Strong execution, government relationships, and large remaining TAM underpin a long-term bull case toward much higher share prices.
Bearish
Valuation may be stretched and the stock could retrace from current highs to lower levels if growth slows.
RKLB
2 price targets
460
Bullish
Has delivered large asymmetric returns (e.g., $4 to $60) and benefited from conviction and sector momentum.
Bearish
Space or execution risks could impede further appreciation despite past gains.
HOOD
Bullish
Prior strong return demonstrates potential when paired with community conviction and execution.
Bearish
Could face competition and sentiment-driven volatility.
CRM
Bullish
Used as a benchmark for customer scale versus younger enterprise names.
Bearish
Large incumbent with many customers; not a direct short but used as a customer-count reference point.
ANDURIL
Bullish
Government-focused defense-tech player that could be a strategic partner or target for firms with gov insights.
Bearish
Private company; competitive dynamics in government contracting could pressure returns.
People mentioned
MattAmirAmitCarl CarpeTom LeeK-Rod