Palantir stock analysis: Palantir rockets to $100! Is this AI stock still a smart Buy? Here’s what analysts say
Palantir Technologies traded for just $6 per share at the start of 2023 and now the AI-driven software company’s stock price surged past $100 following a stellar earnings report in the fourth quarter of 2024, reported The Motley Fool.The company’s rapid growth, particularly in the AI sector, has led investors to wonder if Palantir may be the next era-defining tech giant, as per the report.
The software company has been called a “software juggernaut” by CEO Alex Karp, and most analysts are finally coming around to that view, reported The Motley Fool.
The report added that Palantir’s US revenue alone increased by 52% year over year to $558 million. Commercial US revenue grew by an even faster rate of 64%. The AI-powered platform is…
