Key Takeaways
Particularly if PLTRs revenue growth rate peaks at the same time.
Their “growth gap” in revenue between the actual YoY rev growth rate and the annualized QoQ rate has decline to 6% in Q4 from 29% two quarters ago.
That still means acceleration in the rate for now but that acceleration is slipping away due to magnitude.
If we have Anthropic accelerating once it IPOs when PLTR starts to slow - that’s when the pressure appears as their multiple is extreme.
I think that will be the catalyst for rotation. A good listed alternative and extreme focus on revenue growth rate with Anthropic accelerating and PLTR slowing from high levels.
Particularly if PLTRs revenue growth rate peaks at the same time.
Their “growth gap” in revenue between the actual YoY rev growth rate and the annualized QoQ rate has decline to 6% in Q4 from 29% two quarters ago.
That still means acceleration in the rate for now but that acceleration is slipping away due to magnitude.
If we have Anthropic accelerating once it IPOs when PLTR starts to slow - that’s when the pressure appears as their multiple is extreme.
I think that will be the catalyst for rotation. A good listed alternative and extreme focus on revenue growth rate with Anthropic accelerating and PLTR slowing from high levels.