Early on Tuesday, June 16, Wolfe Research analyst Alex Zukin announced that his firm decided to upgrade its recommendation for the software giant Palantir (NASDAQ: PLTR) stock from the previous ‘Underperform' – ‘Sell' – rating.
Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) stock is up 5% in Monday midday trading, changing hands near $134.
Zacks.com users have recently been watching Palantir Technologies (PLTR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Palantir has delivered impressive growth quarter after quarter. But the company's valuation and other headwinds have weighed on stock performance.
Palantir's expanding margins and surging operating income show growing scale advantages as AI demand fuels profitability.
Palantir (NASDAQ:PLTR | PLTR Price Prediction) is the ticker every retail trader keeps tweeting about, riding an AI government-software narrative into one of the richest valuations in large-cap software.
Palantir CEO Alex Karp said that AI companies and their leaders don't know how unlikeable they are. "I told them this," he said.
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A key reason why earnings reports mean so much is their ability to turn anecdotes into evidence. When a company performs well, it's usually a sign that it's growing and retaining its customer base.
Palantir's chief executive, Alex Karp, made headlines this morning as he told CNBC he was “rooting for” SpaceX ahead of what is shaping up to be the largest initial public offering (IPO) in the history of the stock market. Karp, whose own company has partnered with SpaceX on defense proposals including the Golden Dome missile protection initiative, was effusive in his praise – calling SpaceX's IPO a blessing for America and an occasion for every entrepreneur to celebrate.
Palantir CEO Alex Karp enterprises are "unhappy" with how the frontier labs are operating Alex Karp, Co-founder and CEO of Palantir, speaking with CNBC in New York, on June 10th, 2026. CNBC Palantir CEO Alex Karp said the artificial intelligence software company's enterprise customers are "unhappy" with how the frontier labs are operating.
When Palantir (NASDAQ:PLTR | PLTR Price Prediction) went public via direct listing on September 30, 2020, most investors saw a slow-growth government data shop with messy stock-based comp.