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Additionally, I believe that the company's ability to attract new customers and increase revenue through cross-selling and upselling opportunities will not be sufficient to compensate for the decrease in customer demand for additional hiring.
It's long-term revenue retention has been over 110%, showing that the company has had much success upselling over the years.
Palantir’s stock surged by an this year, underpinned by strategic client onboarding and upselling.
Source: https://investorplace.com/2023/10/q4-predictions-3-growth-stocks-set-to-dominate/