Palantir's share price has outpaced the company's growth, pushing its price-to-earnings ratio to nearly 360. That's among the highest valuations on the market for any company. While analysts expect strong long-term earnings growth (27% annualized), it's nowhere near enough to justify such a high price.
Palantir Technologies could benefit from a ‘tidal wave of federal spending on AI,’ according to analysts at Wedbush.
Voyager Technologies files for IPO, has partnership with Palantir, as the defense and space sector gains momentum under Trump. PLTR stock bullish.
Shopify is worth $134 billion. The stock must return at least 22% for its market value to top $163 billion in 2025. Anthony Chukumba at Loop Capital has set Shopify with a target price of $140 per share. That forecast implies 36% upside from its current share price of $103.
Analyst Daniel Ives of Wedbush maintained a Buy rating on Palantir Technologies (PLTR – Research Report), boosting the price target to
Wedbush raises Palantir Technologies price target to $90, citing AI strategy as key to potential future success.
Palantir Technologies (NASDAQ: PLTR) was the standout and number one performer in the S&P 500 in 2024, with its stock skyrocketing 340% in 2024 and elevating its market capitalization to an impressive $163 as of the January 17 close.
While Cramer’s endorsement has added a layer of intrigue, investor focus will remain on tangible results and market performance.
Each member of the so-called "Magnificent Seven" stocks is heavily focused on AI. Palantir Technologies (NASDAQ: PLTR) became one of the most heralded "Trump trades" in recent months. Palantir's shares soared 340% last year with much of the gain coming after the election on Nov.
Palantir delivered 14 times the gains of the S&P 500 last year. Here's how the data mining and artificial intelligence (AI) specialist generated game-changing results.
Two hot stocks in this sector are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN). Palantir's shares had surged by more than 300% over the prior 12 months, while SoundHound had skyrocketed by 600%.
Wedbush raised the firm’s price target on Palantir (PLTR) to $90 from $75 and keeps an Outperform rating on the shares. The firm says growing