If you traveled back in time to early 2023, few would probably have guessed that Palantir Technologies (PLTR 0.57%) would trade at $165 per share. The stock traded under $7 back then. But the artificial intelligence (AI) boom took off, Palantir released its AIP platform for AI software in mid-2023, and the business and the stock have both soared ever since.
Investors face the same question now: where will Palantir’s stock go from here following its 2,500% rally over nearly three years? Here is why I predict Palantir Technologies will trade below $120 per share in 2027.
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Breathtaking business performance
It’s no secret that AI is all the craze right now….
