Palantir Technologies could benefit from a ‘tidal wave of federal spending on AI,’ according to analysts at Wedbush.

Palantir's share price has outpaced the company's growth, pushing its price-to-earnings ratio to nearly 360. That's among the highest valuations on the market for any company. While analysts expect strong long-term earnings growth (27% annualized), it's nowhere near enough to justify such a high price.

Voyager Technologies files for IPO, has partnership with Palantir, as the defense and space sector gains momentum under Trump. PLTR stock bullish.

Shopify is worth $134 billion. The stock must return at least 22% for its market value to top $163 billion in 2025. Anthony Chukumba at Loop Capital has set Shopify with a target price of $140 per share. That forecast implies 36% upside from its current share price of $103.

Analyst Daniel Ives of Wedbush maintained a Buy rating on Palantir Technologies (PLTR – Research Report), boosting the price target to

Palantir Technologies (NASDAQ: PLTR) was the standout and number one performer in the S&P 500 in 2024, with its stock skyrocketing 340% in 2024 and elevating its market capitalization to an impressive $163 as of the January 17 close.

While Cramer’s endorsement has added a layer of intrigue, investor focus will remain on tangible results and market performance.

Wedbush raised the firm’s price target on Palantir (PLTR) to $90 from $75 and keeps an Outperform rating on the shares. The firm says growing

Investing.com -- Wedbush Securities raised its price target for Palantir Technologies (NASDAQ: PLTR) to $90 per share in a note Thursday, representing a new Street high. The firm maintained an Outperform rating on the stock.

Additionally, Palantir has been identified as a beneficiary of increased federal spending on defense and national security under the current administration. The company's strong ties to government agencies and its role in providing data analytics solutions have positioned it favorably in light of these policy directions.

Finbold consulted its very own AI stock price prediction tool to gauge if Nvidia or Palantir shares are a better investment in 2025.

Each member of the so-called "Magnificent Seven" stocks is heavily focused on AI. Palantir Technologies (NASDAQ: PLTR) became one of the most heralded "Trump trades" in recent months. Palantir's shares soared 340% last year with much of the gain coming after the election on Nov.