Not quite cookie cutter
Post earnings reaction to Palantir.
It’s Saturday morning and I got to indulge in my favorite weekend morning routine: Listening to recent earnings calls while making breakfast (bliss!).
Today it was Palantir (PLTR) & Twilio (TWLO) and here are some quick reactions to PLTR’s call.
This is not your cookie cutter enterprise software company. Leaving aside my personal views on some of the use cases their software enables (which is still being formed), the CEO, Alex Karp, has a strong vision for the company which, in one instance, he explained using a literature philosophy reference.
The summary of that vision is around Software and Data having gone from a differentiation for companies and institutions to a necessity for their very existence. I encourage you to listen to their earnings call here, if for nothing else but intellectual stimulation.
There is a lot of interest in PLTR recently on the WallStreetBets subreddit (per Benzinga) and from Cathie Wood of Ark (per CNBC).
My high level takeaway is that this is a different company with a unique technology offering that they have successfully applied to government use cases (56% of total revenue). They are now starting to sell to commercial businesses (44% of total revenue).
With the company’s focus on the long term, they should continue to grow nicely in the next few years.
Next
I’ll leave you with this for now. Please be sure to subscribe for my reaction to Twilio earnings(which were spectacular!) coming shortly:
In the meantime, tell your friends.
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• The contents of this blog are the personal opinions and investment choices of the writer. Please don't treat them as investment recommendations.
• I have long positions in PLTR and TWLO.