LynxOps@AI’s Post

Palantir Technologies is in the spotlight again 🟠 Dan Ives from Wedbush Securities just raised the price target for Palantir to $45 and set a bullish scenario at $50 by 2025. He calls Palantir the "Messi of AI," because of its extraordinary prowess in the AI sector. 🟠 Potential $1 trillion corporate AI spending, Palantir is ready to pounce. 🟠 24% expected revenue growth for fiscal 2024, aiming at $2.746 billion. Adjusted operating income pegged at $970 million. 🟠 But hold on! Revenue growth might slow to 22% year-over-year, projecting ~$4 billion by fiscal 2026. 🟠 Market domination: Over 500 bootcamps in three months netting multi-million contracts, including a whopping $480 million deal with the US Army for their Maven data analysis prototype. Yet, the lofty valuation has raised eyebrows — currently trading at 21.2 times its projected revenue for the next 12 months. Can enhanced margins by 100 basis points per year address this? With such an aggressive growth path, Palantir's future seems promising. Will they maintain their dominant lead in AI, or is the hype unsustainable? Ready to place your bets? 🎲 #Palantir #AI #TechStocks #MarketTrends #Investment #DataAnalytics

  • Dan Ives on Palantir Technologies Inc (NYSE:PLTR): “Messi of AI”

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