This video discusses Palantir's stock performance, noting a 409% increase over the past year and a 1400% increase over the past five years. The video references a previous $500 price target. The presenter emphasizes the importance of understanding the business fundamentals over short-term media hype, analyst ratings, or price-to-earnings (PE) ratios. The presenter uses data from Stock-MVP to demonstrate that institutional investors have significantly increased their holdings in Palantir over the past four years. While Palantir's current high PE ratio of 300 may deter value investors, the presenter argues it's justified by the company's scalability and potential in the AI space. The video references the AI Platform (AIP) as a key driver of Palantir's value, comparing it to the infrastructure that is needed to run AI. The video notes that new commercial customers of Palantir can be onboarded with almost zero incremental cost. Revenue up 90% on the last 3 years, operating expenses up 28%. 2020 FCF was $150 million, and is now $1.3B, that's almost 10X. Updated 5-year target price is $1,000, in this analysis with the downside target as $512. Caution is still advised for FOMO investors, the recommendation is to accumulate this stock slowly to avoid high risk. To conclude, the video stated, it is never been more bullish on PLTR.