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Home Business

Is Palantir Stock Worth $1 Trillion? This Wall Street Analyst Thinks So.

11 May 2025
in Business
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Is Palantir Stock Worth  Trillion? This Wall Street Analyst Thinks So.
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Palantir Technologies (NASDAQ: PLTR) has seen a 43% increase in its stock value year to date, yet its strong first quarter results weren’t sufficient to achieve new highs, with shares dropping over 10% following earnings announcements. The stock’s high valuation at 474 times earnings has led to a general “hold” rating from Wall Street analysts, reflecting cautious investor sentiment. However, Wedbush analyst Dan Ives remains optimistic, maintaining an outperform rating and raising the price target from $120 to $140.

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Tags: AnalystPalantirstockStreetthinksTrillionwallWorth
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