Palantir might be the most over-valued firm of all time
For a few days in March 2000, as the dotcom bubble neared bursting point, Cisco was the world’s most valuable company.
200 times its annual profit, or around $1trn in today’s money. Its market value is now $280bn.
Palantir’s market value has already soared to $430bn, more than 600 times its past year’s earnings and
nearly triple the equivalent multiple for Cisco (or, indeed, Nvidia) at its peak.
Analysts said Palantir shares were expensive last year as well, but the shares closed out 2024 up about 340%.
https://englundmacro.blogspot.com/2025/08/palantir-expensive-but.html

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