1 Monster Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before It Soars 20%, According to a Wall Street Analyst

Core Viewpoint - Palantir Technologies has become a highly debated AI stock on Wall Street, with skeptics questioning its valuation while proponents highlight its growing adoption among government and enterprise clients [1][2]. Group 1: Analyst Insights - Bank of America analyst Mariana Perez Mora raised her price target for Palantir to $215, indicating a potential 20% upside from current levels as of September 25 [2]. - Mora's argument emphasizes that if Palantir's technology proves effective, its current valuation may not be excessive, countering criticisms regarding its pricing [6]. Group 2: Financial Performance - Palantir has demonstrated significant revenue and profit growth, which is attracting investor interest, particularly within the software-as-a-service (SaaS) sector [4]. - The company's AI products, including Foundry, Gotham, and Apollo, have secured substantial contracts, enhancing revenue visibility and long-term cash flow stability [5]. Group 3: Major Contracts - Palantir has secured a deal with the U.S. Army valued at up to $10 billion over the next decade [8]. - The company is expanding its Maven Smart System contract with the U.S. Military to a total of $1.3 billion, following a $795 million expansion [8]. - Additionally, Palantir has formed partnerships with NATO, including a $1.5 billion investment partnership with the United Kingdom [8].