<p><strong>Palantir Technologies</strong>(PLTR -2.46%) 的股價今年迄今已上漲 110%，而 <strong>Amazon</strong>(AMZN -8.09%) 的股價僅上漲 7%。但大多數華爾街分析師對前者持悲觀態度，對後者持樂觀態度：</p>
<ul>
<li>在 29 位分析師中，Palantir 的 12 個月目標價中位數為每股 111 美元。這意味着其當前股價 158 美元還有 30% 的下行空間。</li>
<li>在 71 位分析師中，Amazon 的 12 個月目標價中位數為每股 252 美元。這意味着其當前股價 219 美元還有 15% 的上行空間。</li>
</ul>
<p>華爾街的預測表明，投資者應該賣出 Palantir，買入 Amazon。繼續閲讀以瞭解每家公司的相關事實。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjc2NzUvYnVsbC1hbmQtYmVhci0wLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjc2NzUvYnVsbC1hbmQtYmVhci0wLmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>Palantir Technologies</h2>
<p>Palantir 報告了強勁的第一季度財務業績。客户數量增長了 39%，達到 769 個，現有客户的平均支出增長了 24%，這是淨收入留存率連續第六次增長。反過來，收入增長了 39%，達到 8.84 億美元，這是連續第七次加速，非公認會計原則（GAAP）每股攤薄收益躍升 62%，達到 0.13 美元。</p>
<p>首席執行官 Ryan Taylor 將強勁的業績歸因於 “對 AIP 的持續需求”，這是 2023 年推出的人工智能平台。管理層還提高了全年指導，假設這種勢頭將持續，預計到 2025 年收入將增長 36%。但投資者有充分理由認為公司在未來幾個季度將繼續快速增長。</p>
<p>國際數據公司（IDC）最近將 Palantir 評為決策智能平台的市場領導者。<strong>Forrester Research</strong> 也將該公司認定為人工智能和機器學習平台的領導者。這些榮譽暗示着未來銷售的強勁增長。Grand View Research 表示，分析軟件銷售預計到 2030 年將以 29% 的年增長率增長，而 IDC 則表示，人工智能平台銷售預計到 2028 年將以 41% 的年增長率增長。</p>
<p>然而，儘管 Palantir 的業務顯然運轉良好，但其股票的估值卻高得離譜，達到銷售額的 127 倍。這使得 Palantir 成為 <strong>S&amp;P 500</strong>(^GSPC -1.60%) 中最昂貴的股票，遠遠超過其他公司。緊隨其後的是 <strong>Texas Land Pacific</strong>，其銷售額為 31 倍。這意味着即使 Palantir 的股價下跌 75%，它仍將是 S&amp;P 500 中最昂貴的股票。</p>
<p>Palantir 在數據分析和人工智能平台方面脱穎而出，預計這兩個市場在未來幾年將快速增長。但該股票的估值如此之高，以至於風險回報比嚴重傾斜向下。潛在投資者應等待更好的入場時機，而持有大量股份的股東應考慮減持。</p>
<h2>Amazon</h2>
<p>Amazon 報告了出色的第二季度財務業績，超出了收入和利潤的預期。收入增長了 13%，達到 1680 億美元，較上個季度加速，主要得益於廣告和雲計算部門的強勁增長。運營利潤率擴大了 150 個基點，GAAP 每股攤薄收益增長了 62%，達到 1.59 美元。</p>
<p>Amazon 的投資論點非常簡單。該公司運營着中國以外最大的在線市場，是全球第三大廣告技術公司，Amazon Web Services (AWS) 是按基礎設施和平台服務收入計算的最大公共雲。這三個市場預計到 2030 年將以超過 10% 的年增長率增長。</p>
<p>因此，華爾街預計 Amazon 的收益將在未來三年內以 18% 的年增長率增長。這個合理的預測使得當前 33 倍的市盈率看起來是合理的。尤其是因為 Amazon 在過去四個季度平均超出了共識收益預期 23%，這表明分析師可能低估了未來的增長。</p>
<p>Amazon 在三個大型且快速增長的市場中佔據強大地位，並在機器人和自動駕駛技術方面有新興機會。由於該股票的估值合理，長期投資者今天應該感到放心，可以購買一些股份。</p>

亞馬遜

PLTR

<p>Palantir Technologies 的股票今年上漲了 110%，但分析師預測將下跌 30%，建議賣出。相比之下，亞馬遜的股票僅上漲了 7%，預計有 15% 的上漲空間。Palantir 第一季度的強勁業績顯示收入增長了 39%，但其估值極高，達到銷售額的 127 倍。亞馬遜第二季度的業績超出預期，收入增長了 13%，估值合理，為盈利的 33 倍。分析師建議購買亞馬遜，因為其在關鍵市場的增長潛力</p>

<p>Shares of <strong>Palantir Technologies</strong>(PLTR -2.46%) have advanced 110% year to date, while shares of <strong>Amazon</strong>(AMZN -8.09%) have increased just 7%. But most Wall Street analysts are bearish on the former and bullish on the latter:</p>
<div class="lb-trans"><p><strong>Palantir Technologies</strong>(PLTR -2.46%) 的股價今年迄今已上漲 110%，而 <strong>Amazon</strong>(AMZN -8.09%) 的股價僅上漲 7%。但大多數華爾街分析師對前者持悲觀態度，對後者持樂觀態度：</p>
</div><ul>
<li>Among 29 analysts, Palantir has a median 12-month target price of $111 per share. That implies 30% downside from its current share price of $158.</li>
<li>Among 71 analysts, Amazon has a median 12-month target price of $252 per share. That implies 15% upside from its current share price of $219.</li>
</ul>
<div class="lb-trans"><ul>
<li>在 29 位分析師中，Palantir 的 12 個月目標價中位數為每股 111 美元。這意味着其當前股價 158 美元還有 30% 的下行空間。</li>
<li>在 71 位分析師中，Amazon 的 12 個月目標價中位數為每股 252 美元。這意味着其當前股價 219 美元還有 15% 的上行空間。</li>
</ul>
</div><p>Wall Street's forecasts suggest investors should sell Palantir and buy Amazon. Read on to see the pertinent facts about each company.</p>
<div class="lb-trans"><p>華爾街的預測表明，投資者應該賣出 Palantir，買入 Amazon。繼續閲讀以瞭解每家公司的相關事實。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjc2NzUvYnVsbC1hbmQtYmVhci0wLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F827675%2Fbull-and-bear-0.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>Palantir Technologies</h2>
<div class="lb-trans"><h2>Palantir Technologies</h2>
</div><p>Palantir reported solid first-quarter financial results. Its customer count rose 39% to 769, and the average spend per existing customer climbed 24%, marking the sixth straight increase in net revenue retention. In turn, revenue rose 39% to $884 million, the seventh straight acceleration, and non-GAAP (generally accepted accounting principles) earnings jumped 62% to $0.13 per diluted share.</p>
<div class="lb-trans"><p>Palantir 報告了強勁的第一季度財務業績。客户數量增長了 39%，達到 769 個，現有客户的平均支出增長了 24%，這是淨收入留存率連續第六次增長。反過來，收入增長了 39%，達到 8.84 億美元，這是連續第七次加速，非公認會計原則（GAAP）每股攤薄收益躍升 62%，達到 0.13 美元。</p>
</div><p>C-suite executive Ryan Taylor attributed the strong performance to &#34;unrelenting demand for AIP,&#34; the artificial intelligence platform introduced in 2023. Management also raised full-year guidance on the assumption that momentum will continue, such that revenue is forecast to increase 36% in 2025. But investors have good reason to think the company will continue to grow at a rapid clip for many quarters thereafter.</p>
<div class="lb-trans"><p>首席執行官 Ryan Taylor 將強勁的業績歸因於 “對 AIP 的持續需求”，這是 2023 年推出的人工智能平台。管理層還提高了全年指導，假設這種勢頭將持續，預計到 2025 年收入將增長 36%。但投資者有充分理由認為公司在未來幾個季度將繼續快速增長。</p>
</div><p>International Data Corporation (IDC) recently ranked Palantir as the market leader in decision-intelligence platforms. And <strong>Forrester Research</strong> recognized the company as a leader in artificial intelligence and machine learning platforms. Those accolades hint at strong future sales growth. Grand View Research says analytics software sales will grow at 29% annually through 2030, and IDC says AI platform sales will increase at 41% annually through 2028.</p>
<div class="lb-trans"><p>國際數據公司（IDC）最近將 Palantir 評為決策智能平台的市場領導者。<strong>Forrester Research</strong> 也將該公司認定為人工智能和機器學習平台的領導者。這些榮譽暗示着未來銷售的強勁增長。Grand View Research 表示，分析軟件銷售預計到 2030 年將以 29% 的年增長率增長，而 IDC 則表示，人工智能平台銷售預計到 2028 年將以 41% 的年增長率增長。</p>
</div><p>However, while Palantir's business is obviously firing on all cylinders, the stock trades at an absurdly expensive valuation of 127 times sales. That makes Palantir the most expensive stock in the <strong>S&amp;P 500</strong>(^GSPC -1.60%) by a long shot. The next closest company is <strong>Texas Land Pacific</strong>, at 31 times sales. That means Palantir would still be the most expensive stock in the S&amp;P 500 even if its share price declined 75%.</p>
<div class="lb-trans"><p>然而，儘管 Palantir 的業務顯然運轉良好，但其股票的估值卻高得離譜，達到銷售額的 127 倍。這使得 Palantir 成為 <strong>S&amp;P 500</strong>(^GSPC -1.60%) 中最昂貴的股票，遠遠超過其他公司。緊隨其後的是 <strong>Texas Land Pacific</strong>，其銷售額為 31 倍。這意味着即使 Palantir 的股價下跌 75%，它仍將是 S&amp;P 500 中最昂貴的股票。</p>
</div><p>Palantir has distinguished itself as a leader in data analytics and AI platforms, and both markets are forecast to grow quickly in the coming years. But the stock trades at such an expensive valuation that the risk-reward profile is heavily skewed to the downside. Prospective investors should wait for a better entry point, and shareholders with large positions should consider trimming.</p>
<div class="lb-trans"><p>Palantir 在數據分析和人工智能平台方面脱穎而出，預計這兩個市場在未來幾年將快速增長。但該股票的估值如此之高，以至於風險回報比嚴重傾斜向下。潛在投資者應等待更好的入場時機，而持有大量股份的股東應考慮減持。</p>
</div><h2>Amazon</h2>
<div class="lb-trans"><h2>Amazon</h2>
</div><p>Amazon reported exceptional second-quarter financial results that crushed estimates on the top and bottom lines. Revenue increased 13% to $168 billion, an acceleration from the previous quarter, due to particularly strong growth in the advertising and cloud computing divisions. Operating margin expanded 150 basis points, and GAAP earnings increased 62% to $1.59 per diluted share.</p>
<div class="lb-trans"><p>Amazon 報告了出色的第二季度財務業績，超出了收入和利潤的預期。收入增長了 13%，達到 1680 億美元，較上個季度加速，主要得益於廣告和雲計算部門的強勁增長。運營利潤率擴大了 150 個基點，GAAP 每股攤薄收益增長了 62%，達到 1.59 美元。</p>
</div><p>The investment thesis for Amazon is straightforward. The company runs the largest online marketplace outside of China, it is the third-largest adtech company in the world, and Amazon Web Services (AWS) is the largest public cloud as measured by infrastructure and platform services revenue. All three markets are forecast to grow faster than 10% annually through 2030.</p>
<div class="lb-trans"><p>Amazon 的投資論點非常簡單。該公司運營着中國以外最大的在線市場，是全球第三大廣告技術公司，Amazon Web Services (AWS) 是按基礎設施和平台服務收入計算的最大公共雲。這三個市場預計到 2030 年將以超過 10% 的年增長率增長。</p>
</div><p>Accordingly, Wall Street estimates Amazon's earnings will increase at 18% annually over the next three years. That reasonable forecast makes the current valuation of 33 times earnings look fair. That is particularly true because Amazon topped the consensus earnings estimate by an average of 23% during the last four quarters, suggesting analysts may be underestimating future growth.</p>
<div class="lb-trans"><p>因此，華爾街預計 Amazon 的收益將在未來三年內以 18% 的年增長率增長。這個合理的預測使得當前 33 倍的市盈率看起來是合理的。尤其是因為 Amazon 在過去四個季度平均超出了共識收益預期 23%，這表明分析師可能低估了未來的增長。</p>
</div><p>Amazon has a strong presence in three large and growing markets, as well as nascent opportunities in robotics and autonomous driving technology. And with the stock trading at a sensible valuation, long-term investors should feel comfortable buying a few shares today.</p>
<div class="lb-trans"><p>Amazon 在三個大型且快速增長的市場中佔據強大地位，並在機器人和自動駕駛技術方面有新興機會。由於該股票的估值合理，長期投資者今天應該感到放心，可以購買一些股份。</p>
</div>

Palantir Stock vs. Amazon Stock: Wall Street Says Buy One and Sell the Other

- Palantir 股價年初至今上漲 110%，但分析師普遍看空。  
- Amazon 股價僅上漲 7%，分析師則看好其未來增長。  
- Palantir 估值過高，投資者應謹慎，而 Amazon 估值合理，適合長期投資。

Palantir 股票與亞馬遜股票：華爾街建議買入其中一個，賣出另一個