AI Infrastructure · Equity
Palantir Technologies
BGAM™ SCORE
77.85
BGAM-SC-v1.0 total score
Quality (ex-valuation): 85.39
WatchBGAM VIEW
Strong business quality; price and risk assessed together. Position size not determined.
DECISION CONFIDENCE
Orta
VALUATION INDICATOR
GAAP 123.00x — Fiyat / (son çeyrek EPS × 4)
Score Breakdown
Commercial AI adoption is rapid.
Operational decision software is significant.
Integration and workflow lock-in is strong.
High liquidity and GAAP profit.
Product capability; uniqueness is not assumed.
Very high EPS multiple.
Low capex; SBC cost to be monitored.
Government/country policy and data regulation.
AI application areas may expand.
Growth and margin are advancing together.
Conditional Scenarios
Conditional analyst scenarios; no numerical terminal price or probability generated. Not a substitute for a full valuation model.
Demand growth slows; margin or multiple pressure limits shareholder return.
Current product and customer position is maintained; growth gradually converts to cash generation.
New product and capacity gains deliver sustainable per-share cash growth.
Investment Drivers
US commercial AI adoption
GAAP profitability and cash generation
International expansion potential
Risk Radar
Catalyst Timeline 2026–2030
Commercial growth and guidance test
International expansion and per-share FCF; conditional
VERIFIED FINANCIAL FINDINGS
Q2 revenue $1.935B (+93%); US commercial growth 149%. GAAP operating margin 47%; CFO $1.216B, capex $14.554M. SBC $265.209M; liquid cash/Treasury assets $9.2B. FY26 revenue guidance $8.150–8.158B.
VALUATION INDICATOR
GAAP 123.00x; adjusted 123.00x. October 21 closing price / (most recently reported quarterly EPS × 4). Mechanical quarterly annualisation: not TTM, forward P/E, company guidance, price target, or fair value.
KAYNAKLAR / SOURCES
Update note: All ten sub-scores are new analyst judgement; classification not auto-derived from total. Prior card score not copied.
Research Disclosure: BGAM scores and scenarios are analyst assessments. This material is provided for research and information purposes and does not constitute personalized investment advice or a promise of returns.