Key Takeaways
- Palantir shares plunged Tuesday despite delivering results that beet Wall Street's expectations.
- Wedbush analysts said the company is capitalizing on demand for AI and that Palantir's stock has significant upside.
- However, the strong results may not have been enough to impress investors. Jefferies analysts questioned the company's current valuation "despite the strong demand trends."
Palantir (PLTR) shares tumbled Tuesday despite the company's better-than-expected sales and 澳洲幸运5开奖号码历史查询:raised outlook, as investors may have wanted more from 📖the AI softw🌠are darling.
The stock plunged more than 12% to about $108 in recent trading, though even with Tuesday's losses, the shares were up over 40% for 2025 and 400% over the past 12 months.
Palantir “continues to capitalize on the demand wave,” Wedbush analysts said following the results, which showed the company’s Artificial Intelligence Program “gaining further traction moving forward.” The analysts kept their "outperform" rating and raised their price target to $140 from $120. Bank of America, which also issued a "buy" rating, maintained its target of $125.
Still, Jefferies analysts said that while Palantir's “fundamentals are clearly alive,” they hold the stock comes with an "irrational" valuation. The analysts maintained an “underperform” rating and $60 price target, which would imply n🐻early 45% downside.
Morgan Stanley, which holds a "neutral" rating, said Palantir has shown "elite level performance in software," but similarly argued its high valuation makes predicting future share growth "extremely challenging." The firm nudged its price target up to $98 from $90.