Palantir Technologies (PLTR -0.43%) has been one of the top stocks to buy in the artificial intelligence (AI) arms race. Since 2023, Palantir has risen by more than 2,600%. Although it’s unlikely to repeat that performance, many investors are bullish on Palantir’s future.

But where will that place the stock by 2028? Let’s take a look.

Image source: The Motley Fool.

Palantir’s growth won’t stop accelerating

Palantir has been involved in the AI sector for a long time. It began by providing AI software to government entities and made quite a name for itself in that industry. Eventually, it found a commercial use case for its product and expanded into that area.

This side of Palantir’s business has been booming lately, and its government…