Government ContractsDespite recent press releases around government contracts, the timing of large deals remains uncertain to stabilize the government business.
Revenue RecognitionRevenue recognition from government-related contracts has proven lumpy and execution spotty.
ValuationPalantir is trading at a $68 billion market capitalization compared with Snowflake’s $38 billion, even though Snowflake has greater revenue and is growing at a similar rate in the same data analytics end-market.