Insight into Palantir and its collaborations

I always loved Palantir as a company right from the point in time they went public and the stock too has made some handsome moves since last few weeks , you can call it the AI Boom or masses have now started recognizing the potential of its product offerings , Palantir though has showcased more of its offerings in the commercial space as of recent with its amazing line up of products , I do recommend the readers to review the amazing graphics layout for what they call its OS for Enterprise Foundry ( https://www.palantir.com/platforms/foundry/ ). 

Well Palantir is itself is more of an Operating System with a plug and play for Specific industry and contributed to business efficiencies and improvements in decision. Here are few instances to name - 

•      BP's AI Integration in Oil and Gas Exploration
•      NHS England's Federated Data Platform
  
•      U.S. Army's Data Integration and AI Solutions
  
•      Royal Navy's Operational Optimization
  
•      Healthcare Organization's Data Migration

Well for an investor looking at this chart it seems its pricey for an entry 

As of January 3, 2025, Palantir Technologies Inc. (PLTR) has a price-to-earnings (P/E) ratio of approximately 469.94.That high a PE for a stock does not normally fit into conventional buying patterns. Also its typically hard to determine the P/E for the AI sector as a whole too as we are in a different kind of cycle here. Typically the P/E for IT Sector as a whole is around 38-45 range. The P/E for PLTR means its kind of 10x the average. 

But a Question strikes our mind did tech ever have that huge a P/E , a historical glimpse can present a more of a perspective here. 

If AI is the need of an hour , lot of unstructured data is in the world and different sector are still in their discovery mode how to align their data and use different AI products , if we have a unique proposition available with a proven track record and case studies, a product that Government showcased its trust and commitment to , Palantir has a long way to go. 

On that path a look into the collaborations Palantir is announcing does project its commitment to different areas , here I would like to summarize what all collaborations PLTR has with other companies and if those companies are private or public and the sector they work in. 

These collaborations are pretty interesting considering the innovation some of the companies are working on for instance Shield AI is working in AI Pilots , Anduril Industries are working in cutting Edge AI Capabilities. Among all BigBear.ai showcased a similar run up and kind of almost similar business roots as Palantir with range of solutions for defense and aviation. 

Now this serve as a presentable case why Palantir is still a attractive investment opportunity , but from Perspective of Palantir it did started as a company which offer insightful solutions to Governments across the world. 

Notable engagements include:

• United Kingdom: Palantir has been working with the UK's Ministry of Defense, particularly the Royal Navy, under a three-year contract that began in 2022. Their software aids in optimizing personnel management, ship readiness, and logistical planning.

• Israel: In January 2024, Palantir entered a strategic partnership with the Israel Defense Forces (IDF) to provide technology supporting various military operations.

• Ukraine: Palantir's technology has been utilized by the Ukrainian military to enhance battlefield intelligence and operational efficiency, particularly in the context of the ongoing conflict.

• Denmark: Since 2017, the Danish National Police have employed Palantir's Gotham system for the POL-INTEL predictive policing project, which uses data analytics to identify areas with higher crime rates.

• Norway: The Norwegian Customs agency utilizes Palantir's Gotham platform to screen passengers and vehicles, integrating various data sources to enhance border security and customs operations.

         Well with US well positioned as a Leader in the world , so will be Palantir to offer the solutions and collaborations across government and enterprises. 

Thanks for sticking around till the end—you're a real trooper! That’s all for now. No grand conclusion here, though... you’ll have to put on your investing hat and figure out if PLTR is the missing piece in your portfolio puzzle. Good luck, and may your stocks be ever in your favor!

Stay figgy,

The Figured Figs Team 🌱

Disclaimer: “This article is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Readers are encouraged to consult a licensed professional before making any financial decisions."