Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies by Late 2028

Core Viewpoint - Palantir Technologies shares have increased by 400% over the past year, with a current market value of $335 billion, while predictions suggest Uber Technologies and CoreWeave could reach $340 billion by late 2028, presenting significant implications for shareholders [1] Group 1: Uber Technologies - Uber holds a 76% share in the U.S. ride-sharing market and ranks second in the restaurant food delivery market with a 24% share, also leading in ride-sharing services in nine other countries and food delivery in eight countries [3] - The company reported a 14% increase in monthly active users and an 18% rise in total trips, leading to a 14% revenue growth to $11.5 billion, driven by mobility and delivery segments, despite a decline in freight sales [4] - Adjusted EBITDA rose by 35% to $1.9 billion, indicating strong operational performance [4] - Although not a traditional AI stock, Uber utilizes AI for route optimization and pricing, with autonomous vehicles seen as a potential catalyst for growth, supported by partnerships with companies like Waymo and Motional [5][6] - Current market value of Uber is $201 billion, with a potential increase to $340 billion by late 2028, suggesting a 69% rise in stock price to $163 per share, equating to annual returns of approximately 16% [7] - Projected earnings growth of 26% annually over the next three to five years could support a valuation of $340 billion at a reasonable 12.4 times earnings by 2028 [8] Group 2: CoreWeave - CoreWeave specializes in cloud infrastructure and software services for AI and high-performance computing, closely collaborating with Nvidia to deploy new technologies [9] - The company was recently ranked as the leading AI cloud by SemiAnalysis, outperforming major competitors like AWS and Microsoft Azure [10] - CoreWeave reported a remarkable 420% revenue increase to $981 million and a 550% rise in adjusted operating income to $162 million [10] - Plans to acquire Core Scientific in an all-stock transaction aim to enhance efficiency through vertical integration, potentially eliminating $10 billion in future lease overhead [11] - This acquisition is expected to lower the cost of capital for CoreWeave, enhancing operational efficiency in deploying AI and HPC workloads [12] - Current market value of CoreWeave is $63 billion, with a potential increase to $340 billion by late 2028, indicating a 440% rise in stock price to $702 per share, translating to annual returns of about 62% [7] - Revenue is forecasted to grow at 69% annually through 2028, supporting a valuation of $340 billion at a more reasonable 20 times sales [12]