Which High-Flying Growth Stock Is Wall Street Most Bullish About: Palantir, Robinhood, or Spotify?

Core Insights - Wall Street analysts are currently most bullish on Spotify among the high-growth stocks of Palantir, Robinhood, and Spotify [1] Palantir Technologies - Palantir's revenue increased by 39% year over year in Q2, with U.S. revenue rising by 55% [4] - The average 12-month price target for Palantir is nearly 28% below its current share price, indicating a lack of near-term optimism [4][5] - Only four out of 25 analysts rated Palantir as a buy or strong buy, while six rated it as underperform or sell [5] - The stock's high valuation, trading at a forward price-to-earnings multiple of 250, is a significant concern for analysts [5][6] - Analysts are skeptical about Palantir's growth rate, which is projected to be slower for full-year 2025 compared to Q1 [6] Robinhood Markets - Robinhood's total net revenue grew by 50% year over year in Q1, with profits increasing by 114% [8] - Crypto-related revenue doubled year over year in Q1, constituting over 25% of total revenue [8] - Despite 15 out of 22 analysts recommending the stock as a buy or strong buy, the consensus 12-month price target is almost 14% below the current share price [9] - Concerns about valuation persist, with Robinhood's shares trading at 52.6 times forward earnings [9] - Analysts are wary of Robinhood's reliance on volatile cryptocurrency trading volumes, prompting the company to diversify its business [10] Spotify Technology - Spotify's revenue rose by 15% year over year in Q1, with free cash flow increasing by 158% to a record high [10] - The consensus 12-month price target for Spotify is lower than the current price, with an implied downside of approximately 5.5% [11] - 25 out of 39 analysts rated Spotify as a buy or strong buy, indicating a generally positive outlook [11] - Spotify's stock trades at over 65 times forward earnings, raising concerns about valuation [12]