In This Article:
Palantir Technologies (NASDAQ:PLTR) saw a solid 4% bump in its stock price on Tuesday, continuing its strong performance this year. The stock has surged nearly 57% in 2025, standing out in a market where many tech stocks are struggling.
Despite the impressive gains, analysts are still mixed on where the stock is headed. Bank of America raised its price target to $150, implying a 27% upside. The bank sees Palantir's ability to quickly deploy AI products and grow its customer base as key to its success. Analyst Mariana Perez Mora calls the company a leader in AI-driven solutions.
However, not everyone is as optimistic. Some analysts, like former Goldman Sachs analyst Carl Hazeley, argue the stock is overvalued, pointing to its high price-to-earnings ratio. Other firms, including Citi, UBS, and Loop Capital Markets, raised their targets but stopped short of recommending a Buy.
Palantir recently joined the top 10 U.S. tech firms by market cap, a big milestone. Even with concerns about federal spending cuts, Perez Mora believes the company will keep growing, especially with ongoing defense contracts.
This article first appeared on GuruFocus.