BigBear.ai and C3.ai offer defense tech solutions for the government. Although both stocks have seen some fleeting popularity, I see Palantir as the most legitimate opportunity at the crossroads of AI and government defense initiatives.
Although the price of Palantir Technologies (NYSE: PLTR) shares has been rapidly growing since the stock's inclusion in the exclusive society of the S&P 500 index, certain indicators suggest that its rally might be nearing its conclusion, and consolidation might be in order.
Palantir Technologies Inc. PLTR shares moved higher Monday. The stock joined the S&P 500 as part of the index's quarterly rebalancing.
Palantir is getting a spot on the S&P 500, a milestone the data analysis giant has long been after. And yet, Palantir co-founder and CEO Alex Karp has had a bit of a love-hate relationship with Wall Street.
Palantir Technologies (PLTR) and Dell Technologies (DELL) moved in different directions Monday as they joined the benchmark S&P 500 Index. Shares of Palantir rose, while Dell's edged lower.
The trading week didn't open to a great start for several major companies after receiving downgrades from various analysts. Caroline Woods looks into the reports behind those downgrades for Palantir (PLTR), Microsoft (MSFT), and General Motors (GM).
Shares of software platform name Palantir Technologies Inc (NYSE:PLTR) are 1.3% lower before the open, following a bear note from Raymond James.
In the wake of key milestones, such as inclusion in the prestigious S&P 500 index, analysts are updating their outlook for Palantir Technologies (NYSE: PLTR) stock, opting for a cautious stance.
Palantir's stock has outperformed the S&P 500 by a wide margin in recent years, but Raymond James has concerns about the stock's valuation.
Raymond James analysts downgraded shares of the provider of data-analytics software to Market Perform from Outperform, and removed a $30 price target.
Palantir is a misunderstood company that skeptics have referred to as a glorified government contractor. During the past year, Palantir has taken advantage of big opportunities among a crowded field of AI software platforms.
Palantir's AI business has taken off over the past year-and-a-half. The company's growth levels don't match the stock's valuation.