Why Palantir's AI-Driven Growth Has Analysts Divided on the Stock
PLTRPalantir Technologies(PLTR) Investopedia·2024-08-07 03:45

Key TakeawaysPalantir Technologies shares surged Tuesday, a day after the company's earnings beat driven by strong demand for its Artificial Intelligence Platform (AIP).Some analysts lifted their price target for the stock, citing AIP-driven growth.However, other raised concerns about the sustainability of Palantir's growth, noting a slowdown in sequential commercial U.S. growth and government headwinds. Palantir Technologies (PLTR) shares soared in intraday trading Tuesday, a day after the company's earnin ...