Palantir: Increased target price thanks to AI strategy
-New target price: analyst Daniel Ives raised his $PLTRtarget price on Palantir shares to $90 due to strong growth potential in the AI space.
- Strong Earnings: Revenue from the U.S. commercial business is expected to exceed $1 billion due to the Artificial Intelligence Platform (AIP) strategy, representing a major shift in the company's strategy.
-Government Contracts:$PLTR Palantir is benefiting from growing federal investments in AI, strengthening its market position and contributing to further revenue growth.
-Critical Vote: Despite the stock's high valuation , $PLTR's long-term growth potential appears to be overwhelming.
Palantir is emerging as one of the key players in data analytics and artificial intelligence due to its role in AI technologies and strong position in the government and commercial markets.
Let's see how far it goes. So far the mood is quite positive, so it's possible that it will get to the mentioned $100.
I'd be careful now. The company still has potential, but I wouldn't be surprised if there is a correction after such growth.
And it looks like the company will get up to $100. For those who are more interested, we took a look at the whole situation in this video :)https://youtu.be/ZqesfoC3wso?si=0e4Ug0sG61Hi9xKA
I'm not surprised anymore. Personally, I also think the price will go higher than $90 and get to that $100 within a year.