Where Will Palantir Stock Be in 3 Years?
Palantir shares just reached a new all-time high.
Over the last couple of weeks, stocks in the technology sector have been selling off as investors entered a panic fueled by the Chinese artificial intelligence (AI) start-up DeepSeek. One AI company that has bucked the trend, however, is data analytics provider Palantir Technologies (NASDAQ: PLTR).
So far this year, Palantir is the highest performing stock in the S&P 500 (SNPINDEX: ^GSPC) -- gaining 48% as of this writing (Feb. 12).
Let's explore why Palantir's shares are rocketing higher while many of its peers continue selling off. I'll detail why Palantir's gains are justified and assess where shares could be headed over the next few years.
