Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.
Palantir Technologies is deserving of a higher stock classification following the release of better-than-expected third quarter earnings. See why PLTR stock is a Hold.
According to the Financial Times, Palantir has added a whopping $23 billion to its market cap since Donald Trump won the presidential election on Nov. 5. Investors seem to believe the company will benefit from increased defense and law enforcement spending under the new administration. However, this narrative looks overblown.
After Nvidia’s roaring success in recent years it may be time for the wider software sector to ‘get in on the AI party.’ That’s the view of Wedbush analysts.
Palantir Technologies (NYSE: PLTR) is one of the hottest stocks of 2024, but I think there is another hot artificial intelligence (AI) software stock that investors should consider as well. AppLovin's (NASDAQ: APP) stock price is up more than 650% so far this year,
Dan Ives, a Wedbush analyst, has reaffirmed his $75 price target for Palantir, citing strong growth potential driven by its AI advancements and software solutions, despite skepticism from some market analysts.
There's plenty of evidence that Palantir 's ( PLTR 1.39%) stock is in a bubble. History is not on Palantir's side, and many companies have traded around the lofty expectation its stock currently trades at, and few (if any) have worked out well for investors.
Palantir Technologies stock (NYSE: PLTR) has had a solid run, rising more than 3.5x since the beginning of the year to about $63 presently.
The rapidly growing adoption of artificial intelligence (AI) has given shares of many companies a big boost in the past couple of years, and that's not surprising as this technology is expected to impact the global economy in a big way.
Palantir (NYSE: PLTR) has been one of the hottest artificial intelligence (AI) stocks to own this year. It's up around 280% as of the time of this writing and has far exceeded many investors' expectations.
Musk could look to Palantir to modernize the Defense Department and reduce reliance on outdated methods of warfare, Cramer says.
We recently compiled a list of the 15 AI Stocks to Watch: News and Analyst Ratings. In this article, we are going to take a look at where Palantir Technologies Inc. (NYSE:PLTR) stands against the ...