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▼ bearishPLTRPT $65.00(6m)Apr 14, 2026
PLTR: The AIP thesis is intact — but 100x forward is too rich to defend
AIP adoption is real and accelerating. The valuation is not defensible at 100x forward earnings versus any historical precedent for a $200B enterprise SaaS name.
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PLTR: The AIP thesis is intact — but 100x forward is too rich to defend

RIVN: Q4 deliveries beat — but cash runway is the real story