From Nasdaq: 2025-02-10 03:20:00

Artificial intelligence stocks like Palantir Technologies (NASDAQ: PLTR) and Advanced Micro Devices (NASDAQ: AMD) are attracting attention from Wall Street analysts. Dan Ives predicts Palantir could reach a trillion-dollar valuation in the next few years, while Hans Mosesmann sees 110% upside for AMD despite lowering his target price to $225 per share.

Palantir Technologies specializes in data analytics and saw a 36% revenue increase to $828 million in the fourth quarter. With 711 customers and 20% higher spending per customer, Palantir is positioned as a leader in decision intelligence software and AI platforms, according to industry reports.

Advanced Micro Devices is known for its CPUs and GPUs, gaining market share on Intel in recent years. While AMD faces challenges in the data center GPU segment, analysts expect growth in the data center AI products to drive revenue. AMD reported a 24% revenue increase in Q4, with projections of 41% growth in adjusted earnings in the next year.

Investors eyeing AI stocks like Palantir and AMD should consider the potential for significant growth but also be cautious of high valuations. While both companies show promise, better buying opportunities may arise in the future. Wall Street analysts remain optimistic about the long-term prospects of these artificial intelligence stocks.



Read more at Nasdaq: 2 AI Stocks to Buy Before They Soar 300% and 110%, According to Certain Wall Street Analysts