From Nasdaq: 2025-05-17 13:20:00

In 2023 and 2024, Cathie Wood’s ARK Innovation ETF outperformed the S&P 500 with an 82% gain, but 2025 has been tough with just a 1% increase year to date due to market weakness. Palantir Technologies’ stock has rebounded, up over 40% since April 8, driven by demand for its AI Platform. Despite Palantir’s high valuation, analysts believe its share price could triple in the next three years, making it a potential buy for growth-oriented investors. The company’s revenue and customer base are growing, with strong potential for future growth in the AI software market.

Analysts believe Palantir Technologies could reach a trillion-dollar market cap in the next three years, despite its high valuation. The company’s recent growth in revenue and customer base, along with increasing deal sizes, are boosting its margins and earnings outlook. Investors looking beyond the price tag may consider adding this leading AI stock to their portfolios. However, The Motley Fool Stock Advisor team did not include Palantir Technologies in their list of top 10 stocks to buy now, citing other potential opportunities for investors.



Read more at Nasdaq: Is This Top Holding at Cathie Wood’s Ark Invest Worth Adding to Your Portfolio?