Palantir May Rally Toward $200 As Top Investor Sees Upside
TL;DR Summary
A TipRanks-featured investor argues Palantir (PLTR) could rebound toward $200 after a tough period, driven by enterprise AI adoption and stronger-than-expected guidance. Despite a ~27% drop from a recent high and a rich forward multiple, Deep Value Investing believes a blowout Q4 guidance could re-rate the stock, while Wall Street’s consensus remains a Hold with roughly $190 target. The story hinges on upcoming earnings and the pace of AI adoption in Palantir’s enterprise software business.
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