Prediction that 2 AI stocks will surpass Palantir by 2025, suggesting positive growth potential

From Nasdaq: 2024-12-12 05:00:00

Shares of Palantir Technologies (NASDAQ: PLTR) have surged this year, but analysts project a 48% downside. Loop Capital raised Shopify’s target price to $140, implying 23% upside, while Morgan Stanley set Arm Holdings’ target at $175 for a 28% increase.

Shopify offers AI tools for merchants, driving efficiency and sales growth. The company reported strong Q3 results with revenue up 26% and expects continued growth. Wall Street predicts 44% annual earnings growth over the next three years, making the current valuation acceptable.

Arm Holdings licenses CPU architectures and products, with strong market share in mobile devices and data centers. Despite a modest sales increase in Q3, the company expects growth to accelerate in the future. Analysts forecast 33% annual earnings growth through fiscal 2027, with a current valuation of 100 times earnings.

Investors are urged to consider Shopify and Arm Holdings as potentially lucrative opportunities for growth and investment. The companies’ innovative technologies and market positions make them compelling choices for long-term growth and profitability.



Read more at Nasdaq: Prediction: 2 AI Stocks Will Be Worth More Than Palantir by Year’s End in 2025