Those are three incredibly bullish assumptions -- the company hasn't achieved 40% year-over-year growth in recent quarters and would have to sustain that for five years. Also, a 30% profit margin would place it among the best software companies, and its current 18% margin is still a considerable distance from that level.

Palantir is gaining traction across government and enterprise fronts, with PLTR stock trading into premium territory. But can it punch past the $160 Street-high ceiling?

Palantir (NASDAQ:PLTR) stock continues to spark debate among investors. While the company is delivering impressive results, driven by a rapidly