Shares of Palantir Technologies (NASDAQ:PLTR) gained 11.94% over the past five trading sessions after losing 3.86% the five prior.
Datadog (NASDAQ: DDOG): Bank of America reiterated a buy rating on DDOG ahead of the company's earnings on November 6, with a price target of $180, up from $175, due to growing confidence in the stock.
Nvidia CEO Jensen Huang and Palantir CEO Alex Karp discussed AI's role in the job market with CNBC on Tuesday, saying new technologies will compliment and assist job growth, rather than completely take over the labor market.
RBC Capital Markets analysts believe the risk/reward for shares of Palantir Technologies Inc (NYSE:PLTR) is “unfavorable,” adding that the valuation for the company seems “unsustainable”. In a note to clients on Tuesday, the analysts maintained their ‘Underperform' rating and $45 per share price target on Palantir ahead of the company's third quarter 2025 financial results scheduled for November 3 after market close.
A Wall Street analyst is cautioning that Palantir's (NASDAQ: PLTR) stock price could crash below $50, warning about the sustainability of the current momentum.
Palantir has risen sharply over the past year alone, and many retail investors are eyeing a stock split.
Analysts expect another strong quarter, but Citi warns the the results might be “more modest” after recent outperformance.
Palantir Technologies has seen several explosive rallies, achieving gains exceeding 50% in under two months during significant years such as 2020 and 2024. Moreover, the stock rose by more than 30% multiple times during prior uptrends, particularly in 2023 and 2024, providing shareholders with significant returns.
Shares of high-flying AI software firm Palantir (NASDAQ:PLTR) have been one of the most heated names in the market in recent years.
Key growth drivers: Palantir's four operating platforms, AIP, Foundry, Gotham and Apollo.
Palantir Technologies (NASDAQ: PLTR) appears poised for another leg higher as technical signals indicate the stock is sitting in a strong buy zone.
Palantir's Artificial Intelligence Platform changed the company's trajectory. AMD has a huge deal with OpenAI -- and the stock market noticed.