Core Viewpoint - Palantir Technologies has experienced significant growth, with a 1,200% increase in stock price since 2023, outperforming Nvidia's 680% gains during the same period [1] Group 1: Stock Performance and Analyst Targets - The current consensus price target for Palantir is $74.79, which is below its peak of over $125 earlier this year [2] - Despite the low consensus target, six out of the ten most recent analyst price targets are above $100, indicating potential for a 17% upside from its current trading price of less than $85 [2][3] - Palantir's latest earnings report showed a 36% year-over-year growth in sales for Q4 2024, totaling $827.5 million, up from a 30% growth rate in the previous quarter [3] Group 2: Valuation Challenges - Palantir's stock is currently trading at approximately 436 times its trailing profits, making it one of the most expensive stocks in the tech sector [5][6] - The high valuation is driven by speculation and excitement around the company's growth prospects, complicating analysts' ability to set reasonable price targets [4][6] Group 3: Market Volatility - Palantir's shares have recently fallen by over 33% in less than two weeks, influenced by external factors such as Microsoft canceling AI data center leases [7] - The stock's volatility highlights the speculative nature of its valuation, suggesting that it could quickly lose gains as easily as it has made them [7][8]

Duquesne Family Office's billionaire chief sent shares of the two hottest AI stocks to the chopping block in favor of another high-profile company.Less than three weeks ago, the most important data release of the first quarter occurred -- and you might have missed it. Amid a flurry of earnings reports and economic data releases, Feb. 14 marked the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission.A 13 ...

Palantir Technologies (PLTR 1.18%) has been one of the high-flyers of the artificial intelligence (AI) boom. The company's earnings and share price have soared in recent years thanks to its AI-driven software that allows governments and businesses to pump up efficiency, drive down costs, and make game-changing moves.Quarter after quarter, the company has reported double-digit revenue gains in its government and commercial businesses. And the stock advanced more than 1,100% since its market debut in 2020 thr ...

Investing can be hard -- even when you get things right. Case in point: Shares of Palantir Technologies (PLTR -1.77%) have advanced more than 350% since the start of 2024. For investors who managed to catch lightning in a bottle, there's a tremendous temptation to take the money and run -- particularly when volatility enters the market.Yet, by hanging tough and letting your winners run, investors can turn modest winners into truly life-changing sources of wealth. Indeed, there's still a case for new investo ...

Is this a potentially deafening warning to investors?Despite some recent volatility in equities, Wall Street's major stock indexes -- the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite -- have been virtually unstoppable since bottoming out in October 2022.The bull market rally that's led all three indexes to numerous record-closing highs has been fueled by a confluence of factors. This includes excitement surrounding Donald Trump's return to the White House (stocks soared during Trump's first t ...

Investors with an interest in Technology Services stocks have likely encountered both JBT Marel (JBTM) and Palantir Technologies Inc. (PLTR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlig ...

There were few better stocks to own in 2024 than Palantir (PLTR 4.69%). It rose 341% in just a year, and 2025 hasn't been so bad, either. It has risen around 20% so far this year, but at the time of this writing, it is down 30% from its all-time high set just a few weeks ago. However, I don't think this is a buying opportunity, as this could be the start of an even larger decline. The issue with Palantir's stock has never been the business, as it's a phenomenal company. But there are far too high expectatio ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Core Viewpoint - Palantir (NASDAQ: PLTR) is gaining investor confidence following positive endorsements from Wall Street, particularly regarding its role as a key contractor for the Department of Defense [1][3]. Financial Performance - For the three months ended May 31, 2024, Palantir reported net sales of $5.03 billion, up from $3.60 billion in the same period of 2023, representing an increase of approximately 39.6% [2]. - The cost of goods sold was $2.58 billion, compared to $1.83 billion in 2023, leading to a gross profit of $2.45 billion, up from $1.78 billion [2]. - Operating income was $238.30 million, a significant improvement from a loss of $91.62 million in the previous year [2]. - Net income for the period was $330.84 million, compared to $53.41 million in 2023, indicating a substantial year-over-year increase [2]. Analyst Ratings and Market Sentiment - Wedbush Securities has reiterated its 'Outperform' rating for Palantir, maintaining a price target of $120, citing the company's leadership in AI and strong traction in both federal and commercial sectors [3][5]. - Analyst Dan Ives views the recent sell-off as a buying opportunity, emphasizing Palantir's potential to reach a trillion-dollar market cap as AI adoption accelerates [4][5]. - Concerns over high valuation persist, with Jefferies' Brent Thill setting a target of $60, indicating a more cautious outlook compared to Wedbush [8][9]. Strategic Positioning - Palantir is positioned to benefit from the U.S. Department of Defense's focus on efficiency and AI-driven technologies, with high-priority contracts expected to remain unaffected by potential budget cuts [6][7]. - The company's involvement in critical military projects is anticipated to support ongoing contract growth, particularly under the Trump administration's increased AI investments [6][8].

Palantir Technologies stock returned 240% in the past year, bringing its market value to $199 billion as of March 2. But certain Wall Street analysts think Shopify (SHOP 1.06%) and Advanced Micro Devices (AMD 0.35%) will top that figure within a year.Tyler Radke at Citigroup has set Shopify with a target price of $175 per share. That implies 56% upside from its current share price of $112. It also implies a market value of $228 billion.Jim Kelleher at Argus has set Advanced Micro Devices with a target price ...