Palantir Technologies Inc. (PLTR)
Analyst sets Palantir stock price target
Palantir (NASDAQ: PLTR) saw its stock plummet 12% on February 19, following reports that CEO Alex Karp had adopted a new stock trading plan, allowing him to sell nearly 10 million shares over the next six months.
Palantir's stock is extending its big decline. Is the selloff justified?
One analyst thinks Palantir will end up benefiting from Pentagon budget cuts, contrary to fears. But the stock remains pricey relative to others in software.
Palantir Stock Is at An All-Time High. Here's What the "Dean of Valuation" Has to Say About It.
If you have been following the artificial intelligence (AI) revolution over the past two years, chances are you're familiar with a software company called Palantir Technologies (PLTR -10.08%). Since last January, shares of Palantir have risen some 550%.
Why Palantir stock price is crashing
On Wednesday, February 19, Palantir stock (NASDAQ: PLTR) crashed by 12.71% — by press time, PLTR shares were changing hands for $108.77, down from an all-time high (ATH) of $124.62 just a day earlier.
Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
CNBC's Andrew Ross Sorkin reports on the latest news.
Prediction: This Stock Will Be Worth More Than Palantir by the End of 2025
Palantir (PLTR -10.08%) has been one of the hottest stocks on Wall Street, rising nearly 600% since the start of 2024. That's an incredible return in just over a year, and it has made Palantir one of the highest-valued software stocks on the market.
Palantir Falls Again After Slump. The 2 Things Spooking Investors.
Investors have suddenly gone cold on the red-hot artificial-intelligence play.
Palantir: Rise And Shine, This Is A Decade Long Investment
Palantir Technologies is a Strong Buy due to its robust SaaS business model, AI platform, and significant government contracts, driving long-term recurring revenues. The company's AI platform, AIP, launched in 2023, enhances decision-making and efficiency across various sectors, including defense, healthcare, and aerospace. PLTR's financial performance in 2024 showed substantial growth, with a 36% YoY revenue increase and a 44% rise in adjusted free cash flow.
Palantir hit for $28bn as gravity (and defence cuts) hit the tech giant
So, what's happening at Palantir Technologies Inc (NYSE:PLTR), the data giant that saw $28 billion wiped from its value in after-hours trading? The simple answer is gravity.
Palantir is ‘egregiously expensive': Paul Meeks
Paul Meeks, CIO of Harvest Portfolio Management, says that Palantir's fundamentals are "strong" but adds that the stock's valuation is "egregious".
Palantir Just Reached a Key Milestone. Is the Stock a Buy?
Palantir Technologies (PLTR -10.08%) has been one of the biggest stock market winners in recent times. The software company soared more than 340% last year for the best performance in the S&P 500 -- a benchmark that it had just recently joined.
This Artificial Intelligence (AI) Stock Is Up 155% Over the Past Year, and Here's Why It Could Keep Soaring (Hint: It's Not Palantir or Nvidia)
The stock market has been on a tear over the last couple of years. The S&P 500 delivered back-to-back annual gains of over 25% during 2023 and 2024, something it has only done on one other occasion since it was established (during the dot-com internet boom in 1997 and 1998).
