Palantir (PLTR) has fallen 30% from all-time highs, but Rick Ducat says shares are leveling off around the $84 level calling it a "key level to watch." Following an upgrade from William Blair, Tom White discusses a bullish example options strategy for the A.I.
Palantir's stock trades at a “frothy” multiple, but one former critic says his view on valuation has evolved somewhat.
William Blair analyst Louie DiPalma upgraded shares of data-analytics firm Palantir after a stock dip. He's still not a bull.
Palantir stock (NASDAQ: PLTR) was one of the best performers of 2024. After a short pullback in the first half of January, PLTR shares went on another strong rally, ultimately reaching an all-time high (ATH) price of $124.62 on February 18.
Over the last year, shares of enterprise software company Palantir Technologies (PLTR 1.18%) have climbed by as much as 408%. While this suggests overwhelmingly bullish sentiment toward the company, more recent trends show a different picture.
Data analytics and artificial intelligence (AI) company Palantir Technologies (PLTR 1.18%) has been one of the hottest growth stocks to own over the past couple of years. Since 2023, it rose by around 1,200%, which dwarfs the 680% gains that chipmaker and AI giant Nvidia has amassed during that same stretch.
Less than three weeks ago, the most important data release of the first quarter occurred -- and you might have missed it. Amid a flurry of earnings reports and economic data releases, Feb. 14 marked the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission.
Palantir Technologies (PLTR 1.18%) has been one of the high-flyers of the artificial intelligence (AI) boom. The company's earnings and share price have soared in recent years thanks to its AI-driven software that allows governments and businesses to pump up efficiency, drive down costs, and make game-changing moves.
Though Palantir's (NASDAQ: PLTR) press time price of $79.93 certainly means it can't be said the stock has crashed and burned, it is experiencing a deep correction.
[00:00:04] Doug McIntyre: All right.
Joe Lonsdale, Palantir co-founder and 8VC founding partner, joins 'Squawk Box' to discuss why he's against the idea of a crypto reserve, the gutting of USAID, DOGE's spending cuts, the contentious White House meeting between President Trump and Ukrainian President Zelenskyy, and more.
Investing can be hard -- even when you get things right.