preloader icon



Apex Trader Funding - News

Palantir Faces Critical 'Prove Me' Moment: Analyst Says Commercial Growth Will Be 'Star Of The Show'

In the world of artificial intelligence, few companies have generated as much buzz as Palantir Technologies Inc. (NYSE:PLTR). As the company prepares to release its Q2 earnings on Monday, all eyes are on how the company’s ambitious AI strategies will play out in the competitive tech landscape. Wedbush Securities’ analyst Daniel Ives has coined Palantir as the “Messi of AI,” and he expects the company to deliver another robust performance. AIP – Palantir’s Game-Changer Ives has maintained an Outperform rating on Palantir’s stock, emphasizing its potential to leverage the AI boom effectively. He has set a 12-month price target of $35 for the stock, which is currently trading at $26.08. According to Ives, “As the AI Revolution goes through to hit the 2nd/3rd/4th derivatives, Palantir is in a prime position to capitalize on this spending wave with AIP front and center to monetize AI demand while continuing to build out use cases across industries.” Palantir’s Artificial Intelligence Platform (AIP) is expected to be at the heart of its growth strategy, catering to the ever-increasing AI demand. The company has been actively expanding its use cases, building a robust partner ecosystem, and enhancing its product offerings to tap into the enterprise-scale generative AI market. Palantir’s US Commercial Growth & Government Deals Palantir’s strength lies in its ability to drive significant growth in the U.S. commercial ...