Wedbush analyst Dan Ives today raised his price target on Palantir PLTR from $75 to $90 while maintaining his Outperform rating.
“We are raising our price target on Palantir from $75 to $90 as our recent checks and growing confidence in the company’s AI strategy is key to the bull thesis on Palantir for 2025. We believe Palantir has a path to become the next Oracle or Salesforce over the coming years, with Palantir seeing “unprecedented demand” for its AI platform from both commercial and federal clients. In particular, Palantir’s “enhanced product portfolio of advanced AI capabilities” continues to gain traction across various government agencies, the analysts said.
“To this point we believe the Trump administration represents an additional tailwind,” the analysts wrote, nodding to the recently unveiled Project Stargate initiative. “In essence, Palantir is in the sweet spot to benefit from a tidal wave of federal spending on AI.”
Here you can find the latest Palantir PLTR price targets.
Stocks, Crypto, Forex and Commodities Breaking News. The latest news and analysis on metals, energy, and agriculture. Live news about gold, silver, copper, platinum, natural gas, crude oil, wheat, soybeans, rice coffee, sugar, cocoa, lumber and cotton.
