Meet Kevin on $PLTR (Nov 3, 2026)

This morning we reviewed Palantir's earnings call, and I wo n't go into all the details because some of them are only for course members. But one thing we realized was that Karp at Palantir was starting to get a little closed off about who he allowed to take part in his earnings call.

I think this is a little suspicious because I suspect a transitional phase is taking place.

Now, I am not here to criticize "Balantir". I'll be clear. I have investments in Palantir. I am impressed with Palantir's cash flow. Although their cash flow yield is only about 1.3 percent. It's not very great.

But, that 's the reality. These are the analysts that Palantir allowed to participate in the earnings call. And I want to grab Carp and shake him and say to him, "What are you doing?"

Why not bring in bold people to participate in the earnings call?

Alex, in your letter to shareholders you said that you see Palantir as a leader in a real and viable anti-war movement. What? This is worthless. These analysts are terrible .

Jill comes along and says, "Hi, you're directly competing with Anthropic." This is where things get really interesting, because people may not like to hear this, especially the Palantir community, but something interesting is happening, and I think I've figured it out.

The company may already be worth $1.5 trillion, and its annual recurring revenue is likely around $80 billion per year, a much larger figure than Palantir's revenue, but Palantir actually makes a profit while Anthropic does not , right?

Balantir is already making money . Therefore, you must give the right to its owners.

"SaaS 2.0" is about being the indispensable platform. This is similar to being a palantir, okay? So you're in Palantir, you can use your own devices. Palantir operates on the cloud, but you can also use your own hardware if you don't want to sell it to the cloud.

"SaaS 2.0" is the same platform. It's similar to Palantir, but Palantir won't be alone here for long. They will have competitors who will help use this ontological process to break down big data into manageable chunks that employees in companies can actually use.

Now, Palantir's advantage is their proficiency in using field deployment engineers to integrate their AI platform , their sovereign AI, into businesses. Existing customers are increasing their spending at Palantir by up to 95%.

That's truly impressive. I don't want any of this to look like an attack on Palantir. They are achieving tremendous success. Their numbers keep improving and improving and improving.

So, what's next? They have drummers on their earnings call. Their numbers are very good. But the writing on the wall is clear: competition is coming.

Hello, do you want to use Palantir or Salesforce?

Palantir itself has a PEG repeater that is also around 2.1.