Palantir Stock Investors Just Got Great News and a Trillion-Dollar Target From Wall Street
Palantir Technologies (NASDAQ: PLTR) was the best-performing member of the S&P 500 (SNPINDEX: ^GSPC) last year. Shares jumped 340% amid soaring demand for its artificial intelligence platform AIP, and that momentum has carried into the current year. The stock has advanced 49% in 2025 as of Feb. 11, such that Palantir is once again the best-performing member of the S&P 500.Wall Street has been consistently and overwhelmingly bearish on Palantir. In December, it ranked among the 10 stocks in the S&P 500 with the highest percentage of sell ratings, and it was the most overvalued stock in the index based on the discrepancy between its share price and median target price. But sentiment has changed dramatically in the last two weeks.Since Palantir reported its fourth-quarter results, numerous analysts have made substantial upward revisions to their earnings forecasts and fair value estimates. Dan Ives at Wedbush Securities even predicted Palantir could be a trillion-dollar company within a few years.Continue reading
Palantir Technologies (NASDAQ: PLTR) was the best-performing member of the S&P 500 (SNPINDEX: ^GSPC) last year. Shares jumped 340% amid soaring demand for its artificial intelligence platform AIP, and that momentum has carried into the current year. The stock has advanced 49% in 2025 as of Feb. 11, such that Palantir is once again the best-performing member of the S&P 500.
Wall Street has been consistently and overwhelmingly bearish on Palantir. In December, it ranked among the 10 stocks in the S&P 500 with the highest percentage of sell ratings, and it was the most overvalued stock in the index based on the discrepancy between its share price and median target price. But sentiment has changed dramatically in the last two weeks.
Since Palantir reported its fourth-quarter results, numerous analysts have made substantial upward revisions to their earnings forecasts and fair value estimates. Dan Ives at Wedbush Securities even predicted Palantir could be a trillion-dollar company within a few years.
