Quick Read – Palantir (PLTR) delivered 85% revenue growth and eight straight earnings beats, yet shares still trade 23% below our BUY target. – Palantir’s 148x P/E looks extreme versus NVIDIA (NVDA) at 33x but reasonable against AMD (AMD) at 188x, given recurring software…
rgins. – CEO Alex Karp warned Palantir cannot meet U.S. demand, with net dollar retention at 150% and remaining deal value at $11.8 billion. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Palantir didn’t make the cut. Grab the names FREE today
Few stocks in this market have been as polarizing as Palantir (NASDAQ:PLTR). Bears have called it overvalued at every turn, yet the company keeps delivering. After eight straight earnings beats and a 10-point full-year guidance raise, we are updating our view.
Our 24/7 Wall St. price target for Palantir is $163.30, implying 23.36% upside from $132.38. We rate shares a buy. 24/7 Wall St. Price Target Summary A Sell-Off That Runs Against the Fundamentals Palantir shares are down 25.52% year to date and 14.03% over the past year, trading 12% below the 52-week high of $207.52.