Expert warns Palantir stock won't be ‘easy to buy' as PLTR hits new record high

Company Performance and Financials - Palantir reported a 30% year-over-year revenue jump, driven by strong AI demand from government and commercial clients [2] - The company extended its partnership with the U S Army through 2028, valued at up to $619 million [9] - Palantir's stock has surged 396% year-to-date, reaching a record high of $84 on December 24 [9] - The company is expected to miss its $4 5 billion revenue target by over $700 million, despite 24 5% growth and 81 1% profit margins [14] AI and Strategic Partnerships - Palantir's advancements in AI have led to notable partnerships, boosting its financial performance [1] - The company is in talks with SpaceX, OpenAI, and Anduril to form a defense consortium aimed at securing U S government contracts, potentially launching by January [19] Stock Performance and Analyst Views - PLTR stock has risen 174% since its last pullback to the 50-day SMA in September, with minimal retracements making it challenging for investors to find entry points [4][10][11] - Bank of America raised Palantir's price target from $55 to $75, citing growth in data analytics and software business [7] - Mizuho raised Palantir's price target to $44 from $37 but maintained an 'underperform' rating, citing higher comp multiples and AI trends [17] - Wall Street analysts have mixed views, with Dan Ives of Wedbush calling Palantir the "Messi of AI" while William Blair maintains an 'underperform' rating due to revenue concerns [13][14] Market Positioning and Index Inclusion - Palantir's inclusion in the S&P 500 and Nasdaq 100 is expected to drive institutional capital into the stock [5][15] - The company's high valuation raises concerns, as some believe the current price may already reflect future growth, posing risks if growth targets are not met [16]