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News  ›  The Motley Fool

Palantir Stock Has Soared 2,710% Since 2023. A Wall Street Analyst Says This Will Happen Next (Hint: It May Shock You).

The Motley Fool Logo The Motley Fool By Trevor Jennewine
Palantir Stock Has Soared 2,710% Since 2023. A Wall Street Analyst Says This Will Happen Next (Hint: It May Shock You).

Palantir Technologies has seen massive stock growth of 2,710% since 2023, driven by its AI platform AIP. While some analysts like Dan Ives predict a $1 trillion valuation, others are skeptical due to extremely high valuation metrics.

Insights
QBTS   positive

Practical quantum annealing approach, over 100 paying customers, significant cash reserves, and early commercial traction


PLTR   mixed

Positive growth and AI potential, but extremely high valuation raises significant concerns about sustainability