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Palantirtechnologies

All articles tagged with #palantirtechnologies

business-and-finance2 years ago

"Jefferies Labels Palantir 'Underperform' Amid AI Hype Despite Market Gains"

Jefferies analyst Brent Thill downgraded Palantir Technologies stock to underperform, citing the company as "overhyped on AI." Despite a 167% increase in 2023, Palantir's stock fell after the downgrade. Palantir, known for its AI software used by government agencies, has expanded into various sectors and launched an "Artificial Intelligence Platform" in early 2023. However, bearish analysts are concerned about the company's need to develop new revenue streams from generative AI technologies. Palantir's technical ratings remain high, but the company has yet to disclose pricing for its AI products.

via Investor's Business Daily|
##artificialintelligence#business-and-finance
finance-and-business2 years ago

"Palantir (PLTR) Outperforms in a Declining Market: Key Insights"

Palantir Technologies Inc. (PLTR) experienced a slight gain in the latest trading session, outperforming the broader market dip. The company is anticipated to report a significant increase in earnings per share and revenue in the upcoming earnings disclosure. Analysts' estimates have remained stable, and Palantir holds a Zacks Rank of #1 (Strong Buy), indicating potential outperformance. Despite trading at a premium compared to the industry average, the company's valuation metrics suggest growth expectations are factored in. Investors and analysts are keeping a close watch on Palantir's financial performance and stock movements as the earnings report approaches.

via Yahoo Finance|
##earningsreport#finance-and-business
financeinvestment2 years ago

"Palantir's Potential Rise as the Leading AI Stock in 2024"

The Motley Fool's Stock Advisor analyst team did not include Palantir Technologies in their top 10 recommended stocks for investors, despite the potential for Palantir to be a leading AI stock in 2024. The Stock Advisor service, known for its success since 2002, offers a blueprint for investing and regular stock picks. While the author, Jose Najarro, holds positions in Palantir and is affiliated with The Motley Fool, he maintains that his opinions are his own.

via Yahoo Finance|
##aistock#financeinvestment
finance-and-investments2 years ago

"Palantir's Ascent: Analysts Predict Continued Surge Beyond 2023"

Palantir Technologies (NYSE: PLTR) experienced significant growth in 2023, with its stock price increasing by over 170%. The company's success is attributed to the rising demand for AI and cloud computing. In 2024, Palantir could continue to prosper due to the expected increase in AI adoption, potential interest rate cuts by the Federal Reserve, and its recent profitability which may lead to inclusion in the S&P 500. Despite a poor performance in 2022, Palantir's diverse operations and growth prospects make it an attractive investment for the future. However, it's worth noting that Palantir was not listed among the top 10 stocks recommended by The Motley Fool's Stock Advisor.

via Yahoo Finance|
##ai#finance-and-investments