The Lead: Palantir, one of the most valuable technology companies in Silicon Valley has filed confidential paperwork for a secret 2020 IPO. The Artificial Intelligence company has the potential to be the biggest Stock IPO since Uber.

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What is the big deal with this secretive tech company? Why are they in the shadows associated with some of the more important technology companies in the world, but hardly known outside of small, secretive circles?

In this Palantir YouTube Video:
What is Palantir?
Financials
Palantir Stock Investment Potential
Whats next for the Palantir IPO?


What is Palantir?
How it Started:
Palantir was originally funded by the Central Intelligence Agency and paypal co-founder Peter Thiel in 2003. Brought into the world shortly after 2001, this was the solution behind the scenes to the attacks on America on 9/11.

What Palantir is:
Palantir makes software to help governments and enterprises find needles in haystacks, so to speak. Its engineers have developed ways to see otherwise invisible patterns in mountains of data.

This company is different. Many companies are doing analytics, Palantir is doing integration which seeks to solve problems for the more common man or worker at a company instead of just collecting data and then needing to hire a team to interpret that data.


Financials:
Financial information is hard to come by, but what we have is valuable.
Reports are that Palantir had Palantir had $739 million in sales in 2019 (25% yoy gain). Managers expect Palantir to jump again by the end of 2020 and do over $1B in revenue. Projections to 2021 continue to increase to $1.5B in revenue.

The vast majority of Palantir’s contracts are long term with little to no turnover. The business is a cash cow with $1B in cash on the balance sheet.

By 2019, It has about $1.5B in federal government contracts alone and CEO Alex Karp says that only about half of its revenue is from governments.

This all leads Palantir to be worth billions. Estimates range on valuation range, but they go between $20 and $26Billion.

What is Palantir’s Stock Potential?

The company can be thought of as a more traditional defense company because of its significant and growing stake in US Government contracts, but simply classifying it as such would be selling the company and yourself as a potential investor, way short. This includes public companies as well which Palantir counts among its clients.

The firm has the potential to impact every industry that needs analytics. The firm also adds diversification to the range of problems they can help solve from immigration, to complex decisions about the most cost effective ways to make a product.


Private, public federal government police stations nonprofits are all involved in what they do. The potential is really quite astounding. If you believe there are companies out there that are seeking the most advanced data analytics out there, then Palantar fits into your investment horizon.

What about Competitors??:
Alteryx [ALL TER EX] ($AYX) – American computer software company that’s products are used for data science and analytics. It’s public and revenues are about half of Palantir. It’s stock has seen quite the runup since its 2017 IPO.

What’s Next:
Confidential IPO filings allow companies to bypass the traditional IPO filing mechanisms that give insights into their inner workings such as financial figures and potential risks. Instead, Palantir can explore the early stages of setting itself up for a public listing without the public scrutiny that comes with the process.

You can tell by the few people talking about it, Palantir has a lot of momentum. A democratic win in the presidential election could slow that slightly with a projected reduction in defense spending if that is the case. However, the potential is hard to argue with and as we know with tech companies, the profit margin exceptionally high.

When we see this company IPO, you can count me among those excited to buy in.
 

🚩Disclaimer: I am not a financial advisor. These videos are created for educational and entertainment purposes only. You should do your due diligence before making investment decisions.

🔦Sources:
https://www.thestreet.com/tech/news/p...
https://money.cnn.com/2017/06/19/tech...
https://seekingalpha.com/article/4357...