From Yahoo Finance: 2025-05-25 01:46:00

Palantir Technologies Inc. (NASDAQ:PLTR) secures a $795M U.S. Army contract for Maven Smart System software licenses. Analysts reiterate an “Outperform” rating with a $140.00 price target. The company is a major player in the US government sector. Palantir is positioned to benefit from federal AI spending in North America and Europe.

Palantir signs its first billion-dollar contract with the Department of Defense for data fusion and target identification. The total value of recent contracts amounts to around $1.3B. The company is well-positioned to capitalize on federal spending on AI. PLTR ranks 9th on the list of AI stocks on Wall Street’s radar, with potential for high returns.

For more AI stock options, check out the list of 12 AI Stocks Making Waves on Wall Street Today and 10 AI Stocks on Latest News and Ratings. No promotional content in the article. Original source: Insider Monkey.



Read more at Yahoo Finance: The Billion-Dollar AI Contract That Has Wall Street Talking About Palantir (PLTR)