Palantir:估值太超前,反噬要来了?

海豚投研
Nov 04, 2025

$Palantir Tech(PLTR.US)于美东时间 11 月 3 日盘后发布了 2025 年三季度的业绩。整体来看,Q2 业绩依旧亮眼,虽然指引和运营指标隐含放缓迹象,但考虑到管理层一贯保守的指引风格以及短期美国防部采购流程的变动,短期的扰动并非大问题。但估值饱满下,市场对 Palantir 也会更苛刻。回顾过往业绩 vs 市场反应,不难发现从今年起的三个季度,随着估值走高,市场对 ...

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