Ark Invest, led by Cathie Wood, focuses on innovation themes like autonomy and gene editing. Wood added names like Archer Aviation, Joby Aviation, and Deere and Company to their portfolio. Notably, Wood sold about 58,000 shares of Palantir, but it was a small portion of their total stake.

The sale of Palantir shares by Ark Invest is mainly for profit-taking and rebalancing purposes. Analysts like Dan Ives and Tyler Radke remain bullish on Palantir, expecting significant growth. Palantir is poised to become a trillion-dollar company, with strong earnings and potential stock movement.

Palantir Technologies, known for its software platforms, has diversified its revenue sources beyond government contracts. The company’s stock has gained 159% in the past year, showing significant growth potential. While Cathie Wood is trimming the Palantir stake, Wall Street expects substantial growth in earnings in the coming years.

Despite Palantir’s high valuation metrics, analysts predict strong growth ahead. Recent earnings beat estimates, and deals with companies like Nvidia and Snowflake show promising growth prospects. Palantir’s CEO, Alex Karp, remains optimistic about the company’s growth potential and market positioning.

While Palantir has received various ratings from analysts, it maintains a “Moderate Buy” consensus. The stock has its fair share of “Hold” ratings due to its extreme valuation. With a median target price of $195.58, there is a potential upside of 10%. Strong earnings could push the stock towards the highest target price of $255.

Read more at Yahoo Finance: Cathie Wood Is Trimming Her Palantir Stake Again. How Should You Play PLTR in January 2026?