Top Wall Street analyst predicts Palantir stock to rise further, but caution is advised

by MarketNewsData

From Nasdaq: 2025-01-28 04:05:00

Palantir Technologies (NASDAQ: PLTR) saw a 340% return in 2024 and is predicted to rise even higher. Analyst Dan Ives raised the stock’s target price to $90 per share, comparing it to Oracle and suggesting a 185% upside. However, most analysts believe the stock is overvalued, with a median target price of $39 per share.

Palantir’s AI platform, AIP, is highly regarded for its data analytics capabilities. AIP integrates natural language processing and generative AI into its Gotham and Foundry products, allowing businesses to gain valuable insights. Revenue growth accelerated by 30% in the third quarter, with strong performance across commercial and government segments.

Despite potential long-term growth, caution is advised when considering Palantir’s current valuation. Analysts caution that the stock may be overpriced, trading at 225 times adjusted earnings. However, analyst Dan Ives believes the stock could grow significantly over the next three to five years, likening it to the next Oracle. Investors are advised to consider both the company’s potential and current valuation before investing. Suzanne Frey, an executive at Alphabet, sits on The Motley Fool’s board. Trevor Jennewine holds positions in Amazon and Palantir Technologies. The Motley Fool also has positions in and recommends Alphabet, Amazon, Microsoft, Oracle, and Palantir Technologies. They recommend long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft.

The opinions expressed by the author do not necessarily align with Nasdaq, Inc. Always consider the source of information and conduct thorough research before making investment decisions. Remember to review the disclosure policy of any financial advice platform for full transparency and clarity. Stay informed and make informed choices regarding your investments.



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