<p><strong>Palantir</strong>（PLTR -1.65%）的股票在過去幾年中表現相當出色，自 2024 年初以來上漲了 940%。這在很大程度上歸因於市場對人工智能（AI）的整體興趣，而另一個因素是 Palantir 商業業務的增長。</p>
<p>雖然 Palantir 最初是一家旨在服務政府機構的數據軟件和分析公司，但其新的人工智能平台（AIP）在私營部門顯示出良好的增長。在第二季度，其美國商業業務是增長最快的部門，收入同比增長 93%，達到 3.06 億美元。考慮到 Palantir 所展現的令人印象深刻的增長，目前它的股票值得購買嗎？</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI2NzgvZ2V0dHlpbWFnZXMtMTQ4NTgyMDk0MC5qcGcmdz03MDA?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI2NzgvZ2V0dHlpbWFnZXMtMTQ4NTgyMDk0MC5qcGcmdz03MDA"/></p>
<p>圖片來源：Getty Images。</p>
<p>關於是否應該現在購買 Palantir 的股票，簡短的回答是 “不”，但這與其業務表現無關。原因在於其極高的估值。Palantir 目前的交易價格是其未來 12 個月預期收益的 275 倍。</p>
<p>如此高的估值，顯然投資者對 Palantir 寄予了極高的期望。事實上，許多人會認為這些期望_過於_高。為了達到這個估值，Palantir 需要在許多年內維持收益增長，這似乎非常不切實際。任何未能達到 Palantir 高期望的情況都可能導致其股價大幅回調。</p>
<p>如果你目前持有 Palantir 的股票，我建議你繼續持有。但現在似乎不是進行首次投資或增加持股的理想時機。</p>

PLTR

<p>Palantir 的股票自 2024 年初以來上漲了 940%，這得益於對人工智能市場的興趣以及其商業業務的增長，該業務在第二季度實現了 93% 的收入增長。然而，儘管有這樣的增長，分析師建議現在不要購買該股票，因為其估值高達預計收益的 275 倍。投資者被警告，預期可能過高，任何業績不達標都可能導致股價大幅下跌。目前的股東被建議持有其股份，而不是進一步投資</p>

<p><strong>Palantir</strong>'s (PLTR -1.65%) stock has been on quite a run over the past couple of years, up 940% since the start of 2024. Much of it can be attributed to the overall artificial intelligence (AI) interest surrounding the market, while the other factor is the growth in Palantir's commercial business.</p>
<div class="lb-trans"><p><strong>Palantir</strong>（PLTR -1.65%）的股票在過去幾年中表現相當出色，自 2024 年初以來上漲了 940%。這在很大程度上歸因於市場對人工智能（AI）的整體興趣，而另一個因素是 Palantir 商業業務的增長。</p>
</div><p>While Palantir started as a data software and analytics company aimed at catering to government agencies, its new Artificial Intelligence Platform (AIP) has shown promising growth in the private sector. In the second quarter, its U.S. commercial business was its fastest-growing segment, increasing revenue 93% year over year to $306 million. Considering the impressive growth that Palantir has shown, is its stock a buy right now?</p>
<div class="lb-trans"><p>雖然 Palantir 最初是一家旨在服務政府機構的數據軟件和分析公司，但其新的人工智能平台（AIP）在私營部門顯示出良好的增長。在第二季度，其美國商業業務是增長最快的部門，收入同比增長 93%，達到 3.06 億美元。考慮到 Palantir 所展現的令人印象深刻的增長，目前它的股票值得購買嗎？</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzI2NzgvZ2V0dHlpbWFnZXMtMTQ4NTgyMDk0MC5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F832678%2Fgettyimages-1485820940.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><p>The short answer to whether or not you should buy Palantir's stock right now is no, but it doesn't have to do with its business performance. The reason is its extremely high valuation. Palantir is currently trading at 275 times its projected earnings over the next 12 months.</p>
<div class="lb-trans"><p>關於是否應該現在購買 Palantir 的股票，簡短的回答是 “不”，但這與其業務表現無關。原因在於其極高的估值。Palantir 目前的交易價格是其未來 12 個月預期收益的 275 倍。</p>
</div><p>With such a high valuation, it's obvious that investors have extra lofty expectations for Palantir. In fact, many would argue that they are <em>too</em> lofty. To grow into this valuation, Palantir would need to sustain earnings growth over many years that seems very far-fetched. Anything short of Palantir meeting its lofty expectations would likely lead to a sharp pullback in its stock price.</p>
<div class="lb-trans"><p>如此高的估值，顯然投資者對 Palantir 寄予了極高的期望。事實上，許多人會認為這些期望_過於_高。為了達到這個估值，Palantir 需要在許多年內維持收益增長，這似乎非常不切實際。任何未能達到 Palantir 高期望的情況都可能導致其股價大幅回調。</p>
</div><p>If you currently hold Palantir's shares, I would hold on to them. But now doesn't seem like an ideal time to make your first investment or add to your stake.</p>
<div class="lb-trans"><p>如果你目前持有 Palantir 的股票，我建議你繼續持有。但現在似乎不是進行首次投資或增加持股的理想時機。</p>
</div>

Should You Buy Palantir Stock Right Now?

- Palantir 股票自 2024 年初以來上漲 940%，主要受 AI 市場興趣和商業增長推動。  
- 第二季度，美國商業業務收入同比增長 93%，達到 3.06 億美元。  
- 但由於估值過高，當前不建議購買 Palantir 股票。  

當前是否適合購買 Palantir 的股票？