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Prominent Wall Street analyst Then then Ives has marked Palantir Technologies Inc. (NYSE: PLTR) As “The Missing Piece in the Ai Puzzle” only one day before the company's long -awaited winning report on Monday.
What happened: “Karp & Co. are an important barometer for the pace of American commercial AI projects and initiatives and we expect good news from the Messi of AI on Monday,” the Wedbush effects Analyst wrote on Social Media Platform X on Sunday, referring to Palantir CEO Alex Karp. Ives said that Palantir “remains one of our best technical names to own.”
The approval is because Palantir shares in the vicinity of all time act high bumps and rise 392% in the past year. During the Friday session, the share climbed 6.95% to $ 124.28 amidst the enthusiasm of investors.
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Palantir has recently concluded various high-profile defense contracts, including the delivery of two Battlefield Titan systems to the US Army and announcing a new partnership with NATO Allied Command Operations to offer AI-driven military technology. The company's smart system of the company is intended to improve the decision-making of the battlefield through advanced artificial intelligence.
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Why it matters: In the fourth quarter of 2024, Palantir recorded $ 827.52 million in income and 14 cents in adapted profit per share, estimates of the analysts. The US turnover grew on an annual basis by 52% and the company concluded 129 deals worth more than $ 1 million.
For the first quarter of 2025, analysts expect a win of 13 cents per share on a turnover of $ 862.83 million. The company has projected the turnover from 2025 2025 to $ 3.76 billion.
While Ives Bullish remains, not all analysts share his optimism. RBC Capital Maintains an underperform rating with a price target of $ 40, which emphasizes the distributed sentiment on Wall Street with regard to the valuation of Palantir.
