Palantir (PLTR) shares soared to an all-time high Tuesday as several analysts raised their price targets after the company's outlook blew past analysts' expectations on strong demand for its Artificial Intelligence Platform.
Wedbush's Dan Ives believes buying Palantir Technologies Inc PLTR stock right now could be like buying Tesla Inc TSLA stock in 2015.
Quint Tatro considers Palantir (PLTR) an "incredible" stock that he would not chase at its current P/E levels. He believes other companies have more value for the price until the company grows into its price appreciation.
Palantir Technologies Inc.'s stock remains expensive, but momentum and strong Q4 earnings justify holding, with potential for profit-taking after significant gains. Q4 revenue grew 36% YoY to $828M, with impressive cash flow and no debt, despite high stock-based compensation impacting EPS. Commercial revenue, driven by AI, surged, while government revenue showed mixed results; total customer count rose 43% to 711.
Dan Ives takes a victory lap on his Palantir (PLTR) predictions and doubles down by saying the company will lead "the next phase" of the A.I. revolution.
Shares of Denver-based software provider Palantir rose 22% on February 4 following fourth quarter results featuring faster-than-expected growth and an optimistic forecast for the current quarter and the year, according to CNBC.
Kim Forrest, Bokeh Capital Partners CIO, joins 'Money Movers' to discuss Forrest's thoughts on Palantir, the company's stock-based compensation, and much more.
Palantir surging to new record highs today. It's our Chart of the Day.
Recent stock market favorite Palantir notched another milestone Tuesday, surging after its latest earnings report to join an elite group of U.S. firms worth more than $200 billion as the software giant benefits handsomely from its “position at the center of the AI revolution,” as its billionaire CEO Alexander Karp describes it.
Palantir Technologies Inc. ran up a lot over the past year, with the stock price up over 517% on investor confidence around its strong position in the U.S. and AI. I think the company is poised for further growth, supported by the U.S. governmental business, which made up over 40% of 4Q24 total sales. Every investment has risk, and Palantir has a handful of those, with China's DeepSeek, which I expect to hit the U.S. commercial business, is definitely one.
Shares of Palantir Technologies (PLTR 25.11%) charged out of the gate on Tuesday, spiking as much as 27.7%. As of 10:59 a.m.
I am downgrading Palantir Technologies Inc. to a Sell rating despite strong growth, citing overvaluation with a fair value of $70 per share. Palantir's U.S. commercial revenue surged 64% YoY, driven by AIP technology, but faces intensifying competition and high stock-based compensation costs. The company forecasts over 30% revenue growth for FY25, but high SBC spending poses significant margin and free cash flow headwinds.