Bank of America raises price target on Palantir to $150, predicting positive growth for stock

From Yahoo Finance: 2025-05-15 12:26:00

Bank of America raised its price target on Palantir Technologies Inc. (PLTR) to $150 and maintained a Buy rating. The tech firm is standing out by enabling clients to launch AI software that meets targets. PLTR’s financial results show increased product launches and customer acquisition speed. An executive order could benefit PLTR by helping secure more Pentagon contracts. Analysts predict PLTR’s EPS to rise to 58 cents in 2025 and 73 cents in 2026. Shares have increased 40% in the last month and 3.5% in the last three months. While PLTR shows promise, Bank of America believes other AI stocks may deliver higher returns in a shorter time frame.



Read more at Yahoo Finance: Bank of America Hiked Its Price Target on Palantir Technologies Inc. (PLTR) to $150