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Palantir, Wall Street
Should You Buy Palantir Stock After Its 170% Gain in 2024? Wall Street Has a Clear Answer for Investors
Palantir Technologies (NYSE: PLTR) has seen its share price surge 170% since January as investors have become increasingly confident in the company's artificial intelligence (AI) software. That makes Palantir the third-best performing stock in the S&P 500 (SNPINDEX: ^GSPC) year to date.
Palantir Is an AI Stock Champion. Its Valuation Is an Issue for Wall Street.
Palantir Technologies’ latest quarterly earnings further cemented the software company’s status as a winner from the artificial intelligence boom. The issue is whether even that can justify the stock’s astronomical valuation.
What Wall Street Analysts Think of Palantir's Stock Ahead of Earnings
Palantir
shares have more than doubled in value so far this year, as demand for its
Artificial
Intelligence
Platform surged.
Palantir
Technologies (PLTR) will report third-quarter earnings after the market closes on Monday, with analysts more bearish than ...
Palantir vs. Adobe: Wall Street Says to Buy One AI Stock and Sell the Other
Wall Street currently has an average price target of $27.67 on Palantir's stock, indicating about 35% downside. Adobe's one-year average target is $621.15, indicating about 25% upside (both consensus targets are from TipRanks).
The Motley Fool on MSN
1d
Palantir Stock Soars as "Unrelenting" Artificial Intelligence (AI) Demand Drives 43% Earnings Growth and Annual Guidance Raise
The AI-driven software company, originally focused on the U.S. government market, is briskly expanding its commercial ...
16h
on MSN
Four takeaways from Alex Karp's triumphant Palantir earnings call
Palantir CEO Alex Karp said the company's other executives have helped take some of the spotlight off of him — and his noted ...
1d
on MSN
Palantir shares surge to record as AI boom powers forecast raise
Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third ...
The Motley Fool on MSN
1d
Better Artificial Intelligence Stock: Palantir vs. Super Micro Computer
As a software company, Palantir has best-in-class gross margins above 80%. This has enabled the company to expand its ...
16h
Palantir stock soars as Department of Defense spending powers earnings beat
Palantir stock surged Tuesday after its third quarter earnings surpassed expectations thanks to better-than-anticipated ...
1d
on MSN
Palantir's AI Gamble Pays Off As Customer Revenue From Single Customer Jumps 12x In Under 8 Months — Alex Karp Quips: 'We Should Just Go Home'
Palantir Technologies Inc reported a dramatic expansion in customer spending, with one equipment rental company increasing ...
23h
Palantir shares jump 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued ...
1d
Palantir shares surge on rosy revenue outlook
Palantir's revenue grew 30% year over year in the quarter. Net income of $143.5 million, or 6 cents per share, was up from ...
Yahoo Finance
19h
Palantir Raises 2024 Forecast Amid Booming Demand for AI Solutions, Shares Climb 14%
Driven by the robust demand for its
Artificial
Intelligence
Platform (AIP),
Palantir
Technologies (NYSE:PLTR) shares ...
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