Wedbush analyst Dan Ives has reaffirmed his $75 price target on Palantir Technologies (NYSE:PLTR), citing strong growth potential amid the AI revolution.
What Happened: On Monday, while appearing in a segment of CNBC, Ives argued that the market is undervaluing Palantir’s potential, especially in the software sector.
He highlighted that the company’s enterprise solutions could generate billions in revenue, positioning Palantir as a future leader like Oracle (NYSE:ORCL).
Despite the current market price hovering around $37, Ives remains optimistic about Palantir’s growth trajectory in the coming years.
See Also: Joby Gets Toyota’s $500M Dollar Lift: eVTOL Pioneer Making New Highs
He acknowledged the skepticism from bears but maintained that the company’s advancements in AI and software use cases are unparalleled.
“The haters will continue to hate,” Ives said, adding, “They are still underestimating when it comes …
Full story available on Benzinga.com
Wedbush analyst Dan Ives has reaffirmed his $75 price target on Palantir Technologies (NYSE:PLTR), citing strong growth potential amid the AI revolution.
What Happened: On Monday, while appearing in a segment of CNBC, Ives argued that the market is undervaluing Palantir’s potential, especially in the software sector.
He highlighted that the company’s enterprise solutions could generate billions in revenue, positioning Palantir as a future leader like Oracle (NYSE:ORCL).
Despite the current market price hovering around $37, Ives remains optimistic about Palantir’s growth trajectory in the coming years.
See Also: Joby Gets Toyota’s $500M Dollar Lift: eVTOL Pioneer Making New Highs
He acknowledged the skepticism from bears but maintained that the company’s advancements in AI and software use cases are unparalleled.
“The haters will continue to hate,” Ives said, adding, “They are still underestimating when it comes …
Full story available on Benzinga.com
Wedbush analyst Dan Ives has reaffirmed his $75 price target on Palantir Technologies (NYSE:PLTR), citing strong growth potential amid the AI revolution.
What Happened: On Monday, while appearing in a segment of CNBC, Ives argued that the market is undervaluing Palantir’s potential, especially in the software sector.
He highlighted that the company’s enterprise solutions could generate billions in revenue, positioning Palantir as a future leader like Oracle (NYSE:ORCL).
Despite the current market price hovering around $37, Ives remains optimistic about Palantir’s growth trajectory in the coming years.
See Also: Joby Gets Toyota’s $500M Dollar Lift: eVTOL Pioneer Making New Highs
He acknowledged the skepticism from bears but maintained that the company’s advancements in AI and software use cases are unparalleled.
“The haters will continue to hate,” Ives said, adding, “They are still underestimating when it comes …Full story available on Benzinga.com Read Moreartificial intelligence, benzinga neuro, Dan Ives, ESTC, News, ORCL, PLTR, SNOW, Stories That Matter, Markets, Tech, Media, ORCL, US68389X1054, SNOW, ESTC, PLTR, News, Markets, Tech, Media, Benzinga Markets
