DeepSeek's cost-efficient AI disrupts the market but benefits Palantir, as lower AI costs accelerate adoption, increasing demand for Palantir's secure, enterprise-grade AI integration. Palantir's Q4 2024 revenue is projected between $767M-$771M, with adjusted income from operations expected at $298M-$302M, signaling strong growth momentum. AI model commoditization shifts value to application platforms, positioning Palantir as the leading integrator for high-security AI in government and commercial sectors.
Palantir Technologies (NASDAQ:PLTR) emerged virtually unscathed from the artificial intelligence sector bloodbath on Monday following the DeepSeek release.
There's no shortage of uncertainties surrounding productivity gains to be had from the AI boom.
PLTR's top and bottom lines are expected to grow year over year in the fourth quarter of 2024.
Aquiles Larrea turns to sectors that all experienced recent market pressure but demonstrate long-term bullish potential. He looks into Palantir (PLTR), RTX Corp. (RTX) and AT&T (T).
I began covering Palantir Technologies Inc. in May 2024 at $24, now raising my target to $250 per share due to high expected volatility. I detail AI's evolution from LLMs to Gen AI 2.0 and AI Agents, and explain why I believe Palantir is poised to capitalize on the next wave of AI solutions. My new $250 target is grounded in the fact that AI adoption seems to be exceeding that of SaaS, expected to hit $175-250 billion by 2027 according to McKinsey.
Palantir Technologies (PLTR -4.48%), which provides artificial intelligence (AI)-powered data analytics software platforms, is slated to release its fourth-quarter 2024 report after the market closes on Monday, Feb. 3.
AI stocks were rising Tuesday as news out of China of a new low-cost AI model may not be as bad as tech investors first feared.
Last year, the words "stock split" rang out across the market pretty often. Some of the world's biggest and most exciting companies across industries from tech giant Nvidia to top retailer Walmart and fast-casual chain Chipotle Mexican Grill launched these operations -- to the delight of investors.
This year has begun in much in the same way as the previous two: with the bulls firmly in charge. Last week, the widely followed S&P 500 officially erased a 5% pullback and blasted its way to another record-closing high.
Palantir Technologies (PLTR -4.48%) was one of the hottest artificial intelligence stocks on the market last year. Its 340% return in 2024 made it the single best-performing member of the S&P 500 (^GSPC -1.46%).
Palantir Technologies (PLTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.