{
  "id": 14973891,
  "title": "Palantir Stock Is Near Its Record. Here's the Price at Which I'd Buy It.",
  "url": "https://urgent.news/2026/10/16/palantir-stock-is-near-its-record-heres-the-price-at-which-id-buy-it",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T14:37:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/16/palantir-stock-is-near-its-record-here-s-the-price-at-which-i-d-buy-it/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Shares of Palantir Technologies (PLTR) hit a record high on October 9 at $209.05, but have since dropped. Currently, the stock is trading around $198, only about 5% below its all-time high. The company's rapid growth and strong financial performance make it an attractive investment. Palantir reported a 93% year-over-year increase in second-quarter revenue and earnings per share (EPS) that more than tripled from $0.13 to $0.41 compared to the previous year. Net income climbed from $327 million to $1.06 billion, showcasing substantial growth. Over the past year, Palantir's EPS increased from $0.30 to $1.17, indicating a significant rise in profitability. The stock's current valuation of around 170 times earnings places it at a high price-to-earnings (P/E) ratio, making it a premium investment. Applying a 120 times earnings multiple, which is consistent with Palantir's valuation during weak market sentiment earlier this year, suggests a fair value of around $140 per share. If Palantir's earnings continue to grow at this rate, the stock could reach $197, very close to its current trading price. However, if earnings stabilize or grow at a slower pace, the stock might be worth buying at $140 per share, representing a substantial discount to its current price. Palantir's consistent performance in the software sector makes it a compelling option for investors seeking high-growth opportunities.",
  "summary": "The AI software specialist trades at around 170 times earnings. How much would it need to fall before I'd buy?",
  "key_points": [
    "Palantir's stock reached a record high of $209.05 on October 9.",
    "Currently trading at $198, 5% below its all-time high.",
    "Analysts suggest buying at $140, representing a significant discount."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}