Palantir Q2: Patience Is A Virtue

Palantir Technologies Inc. delivered a standout Q2, with 93% revenue growth and a 62% adjusted operating margin, reinforcing its momentum. PLTR's customer base and average contract value are rising, with net dollar retention reaching 157% and major deals exceeding $10 million. Valuation remains rich, but robust financials and operational execution may justify the premium if growth and margins persist. I maintain a Buy rating on PLTR, viewing it as a quality compounder requiring patience for the thesis to play out.