News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

Palantir's Stock Price Target Revisted After Slump

Palantir Technologies' stock has tumbled 30% in the past five trading days after touching $125, following news of Pentagon budget cuts and Chief Executive Alex Karp's stock-sale plan. The company's revenue growth accelerated on rising demand for AI-powered decision-making software, with Q4 revenue growing 52% year-over-year to $558 million. Despite this growth, Palantir's stock price is still facing skepticism due to its exceptionally high price-to-sales multiple of 77.6.

See Also

Palantir (PLTR) Shares Skyrocket, What You Need To Know Δ1.90

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 5.6% in the morning session after Wedbush analysts reaffirmed their Buy rating, suggesting they are unshaken in their resolve, despite the company surrendering most of its post-earnings (Q4 2024) stock gains amid worries about government budget cuts. The analysts highlighted Palantir's ability to win a bigger share of the remaining pie, citing its AI capabilities and involvement in key military projects. However, this move may be short-lived as concerns surrounding the company's financials and CEO Alex Karp's new stock plan continue to cast a shadow over the stock.

Why Palantir (PLTR) Shares Are Climbing Today Δ1.89

Palantir shares are surging after a surprise upgrade to "Market Perform" by William Blair analysts, following a 33% selloff that left investors reeling. The company's revenue growth and guidance for 2025 at 31% and operating margins projected at 45% have bolstered its prospects, despite lingering concerns about government contract delays. As Palantir seeks to capitalize on the U.S. government's demand for a centralized payment tracking system, analysts now predict stronger returns than previously anticipated.

Why Palantir Stock Plummeted This Week Δ1.87

Palantir's valuation sank early in the week's trading as investors continued to digest potential macroeconomic risk factors from tariffs and other catalysts. The company's share price then saw another big sell-off on the day of trading following Nvidia's fourth-quarter report. Palantir's stock started this week's trading off with a day of sell-offs as investors reacted to news that the Trump administration plans to go forward with plans to enact new tariffs on Mexico and Canada.

Palantir's Stock Is Getting Obliterated Today Δ1.87

Shares of data-mining and analytics company Palantir are experiencing significant declines due to ongoing concerns over the trade war, with investors shifting their sentiment from optimism to pessimism. The market is in 'risk-off' mode, resulting in outsized declines across various sectors, including technology. The stock's volatility has led to a 9.3% drop in the afternoon session.

Palantir Upgraded by William Blair as Valuation Concerns Ease, Government Contracts in Focus Δ1.87

William Blair upgraded Palantir from Underperform to Market Perform after a sharp stock decline but did not assign a price target. The investment company acknowledged that recent falls had enhanced Palantir's risk-reward profile but did not set a price objective. Over the last three weeks, Palantir's stock dropped from $125 a share. Notwithstanding the improvement, questions about the company's high value and dependence on government contracts which can cause delays or budget restrictions remain.

AI Stock to Buy Hand Over Fist Before It Surges by 60%, According to 1 Wall Street Analyst Δ1.86

Palantir Technologies has received a new, record-high price target from Loop Capital Markets, with analyst Rob Sanderson predicting the stock will surge by 60% in the next 12 months. Despite concerns over valuation, Sanderson believes Palantir's long-term narrative and potential for growth justify the investment. The company's unique data analytics capabilities and growing adoption in the enterprise market position it for significant future success.

Palantir Technologies Inc. (Pltr) Stock Is ‘Getting Clobbered because It Just Had a Bubble’ Δ1.84

Palantir Technologies Inc. (NASDAQ:PLTR) is facing significant challenges due to the bursting of its bubble, as Jim Cramer stated that trend-driven stocks need to experience a decline before more stable stocks can begin to recover. This decline in trendy stocks has led to a correction in the market, with the Nasdaq dropping by 1.21% and the S&P 500 falling by 0.5%. The company's stock price has been affected by this trend, as it is considered a frothy momentum stock.

Palantir's Government Contracts Boost Amid Pentagon Cuts Δ1.83

Palantir has announced a significant contract win with the U.S. government, marking a major victory for the company in a period of reduced defense spending. The recent selloff in Palantir stock was misguided due to the company's "unique software value proposition," according to analysts, who predict that initiatives by Elon Musk's Department of Government Efficiency will actually boost demand for Palantir's services. With many existing contracts at high priority and not at risk of getting cut, Palantir stands to gain from the Trump administration's focus on AI.

Dan Ives Says These 2 Stocks Are in the "Sweet Spot" Of the Artificial Intelligence (AI) Movement Δ1.82

Two AI stocks are poised for a rebound according to Wedbush Securities analyst Dan Ives, who sees them as having dropped into the "sweet spot" of the artificial intelligence movement. The AI sector has experienced significant volatility in recent years, with some stocks rising sharply and others plummeting due to various factors such as government tariffs and changing regulatory landscapes. However, Ives believes that two specific companies, Palantir Technologies and another unnamed stock, are now undervalued and ripe for a buying opportunity.

Palantir Gains Premarket as Wedbush Sees Government Contract Momentum Δ1.81

Palantir Technologies is gaining momentum after analysts at Wedbush Securities reiterated its Outperform rating, citing potential gains in government contracts and IT budget allocations. The company's expertise in artificial intelligence-driven technologies has aligned well with the efficiency-driven projects of the U.S. Department of Defense. Palantir's involvement in high-priority military programs less likely to be subject to budget cuts positions the business to grab a bigger portion of IT contracts.

Earnings Update: Pacira BioSciences, Inc. Price Lifted Amid Analyst Revisions Δ1.80

Pacira BioSciences, Inc.'s (NASDAQ:PCRX) latest earnings report was met with a mixed response from investors, as shares declined 4.4% in the past week. Despite this, analysts have revisited their forecasts, lifting the consensus price target by 11% to US$31.71 due to revised earnings estimates. The company's revenue growth is expected to slow down substantially, but still grow roughly in line with the industry.

Tariffs Take a Toll on Tech Stocks Δ1.80

Nvidia's shares fell on Monday as concerns mounted over AI-related spending and the impact of new tariffs set to take effect. Shares of Palantir were up on Monday as Wedbush analyst said the company's unique software value proposition means it actually stands to benefit from initiatives by Elon Musk's Department of Government Efficiency. The chip manufacturer seems cautious about limitations on the export of AI chips.

Jim Cramer Discusses Market Selloffs and Palantir Technologies Δ1.80

Jim Cramer expressed his frustration over deliberate late-day market selloffs, suggesting they are orchestrated attempts to drive stock prices down artificially. He highlighted that such maneuvers coincide with the cessation of company buybacks, implying a tactical advantage for those wanting to lower market valuations. Cramer also touched on the underperformance of major tech stocks, indicating that market dynamics are being influenced by broader trading strategies and institutional behaviors.

Palantir (PLTR) Positioned to Benefit From Government Spending Efficiency Δ1.79

Palantir Technologies Inc. (NASDAQ:PLTR), a leading provider of software solutions for government agencies, has positioned itself to benefit from the growing trend of government spending efficiency, particularly in areas such as artificial intelligence and data analytics. The company's flagship product, Palantir Gotham, is widely used by government agencies to integrate and analyze large datasets, providing valuable insights into various sectors. With its unique blend of AI capabilities and expertise in data analysis, Palantir is well-equipped to capitalize on the increasing demand for efficient government spending.

Nvidia (NVDA) Stock Is Slipping Today Δ1.78

Nvidia's 1% pullback today follows Morningstar's assertion that the stock is "fairly valued," with two technical analysts cautioning about its shares in statements to Yahoo Finance. The research firm expects the company's revenue growth to slow to 21% during its next fiscal year, citing a potential slowdown in demand for AI chips starting in 2026. This assessment contrasts with Morningstar's fair value estimate of $130.

AI Stocks Get Smashed in Market Shake-Up Δ1.78

Applied Digital's stock price plummeted 24.3% this week due to rising macroeconomic concerns and investor sell-outs following Nvidia's earnings report on Wednesday. Investors bristled at new tariffs on Canada and Mexico, as well as proposed export restrictions that could impact the sale of AI chips and semiconductor equipment to China. The company's reliance on Taiwanese semiconductors further fueled concerns about potential hardware cost increases.

Dell's Ai Boom Can't Stop a 7% Stock Drop - Along with Earnings Miss and Accounting Bombshell Δ1.77

Dell Technologies' fourth-quarter earnings report showed mixed results, with revenue growing but missing estimates, as investors continue to watch closely for signs of improvement. Despite soaring AI sales, the company's stock price plummeted 7% after announcing financial restatements related to supplier credits. The Infrastructure Solutions Group drove growth with a 22% increase in AI server sales.

Dell Technologies Inc. Shares Plummet Amid Market Optimism Δ1.77

Dell Technologies Inc.'s share prices dropped by 4.70 percent on Friday, ending at $102.76 each, as investors took profits following a surge in its price earlier in the week, boosted by better earnings performance last year.The company's net income for the fiscal year 2025 grew 36 percent to $4.576 billion, while net revenues rose 8 percent to $95.567 billion.Investors may have become increasingly cautious about the stock due to concerns over market trends and investor sentiment.

Palantir (PLTR) Partners with EYSA to Revolutionize Mobility with AI Δ1.77

Palantir Technologies has entered a strategic partnership with EYSA, aiming to leverage artificial intelligence to transform mobility solutions. As investor interest shifts from semiconductor stocks to software, this collaboration highlights the growing importance of AI software in the market, particularly as companies begin to monetize their innovations. The move underscores a broader transition in the tech landscape, where the focus is increasingly on software capabilities rather than hardware, potentially leading to a surge in new AI applications.

HP Inc. (HPQ) Drops Again On Friday Δ1.77

HP Inc. (NYSE:HPQ) dropped for a fourth straight day on Friday, losing 6.82 percent to finish at $30.87 each as investors soured on disappointing earnings performance for the first quarter of fiscal year 2025. The company's net income declined by 9 percent to $565 million, while revenues inched up by 2 percent to $13.5 billion from the same period a year earlier. Despite the bleak outlook, HP Inc. (NYSE:HPQ) remains focused on investing for the future and has adjusted its Future Ready savings target to $1.9 billion.

Playtech Plc Fares Decently But Fundamentals Look Uncertain: What Lies Ahead For The Company? Δ1.77

Playtech's recent 2.2% stock price increase over the past three months may be a temporary boost, and the company's fundamentals appear uncertain. Based on its Return on Equity (ROE) of 6.1%, it is clear that Playtech is not generating sufficient profits to justify investors' expectations. The company's low net income growth of 4.7% over the past five years also raises concerns about its ability to drive growth.

Pubmatic Stock Plummets as Ad Tech Firm Misses Expectations Δ1.77

Shares of programmatic advertising platform Pubmatic fell 24% in the morning session after the company reported weak fourth-quarter results, with revenue and EBITDA guidance for the next quarter falling short of Wall Street's estimates. On the other hand, PubMatic beat analysts' EPS and EBITDA expectations this quarter. The stock market overreacted to news, and big price drops can present good opportunities to buy high-quality stocks.

Nvidia Struggles to Meet Investor Expectations Δ1.77

Nvidia's fourth-quarter report delivered strong revenue growth, exceeding Wall Street estimates with $39.3 billion in sales, but its forecast for gross margin fell short, raising concerns about pricing pressure and competition. The company's stock price plummeted 8.5% on Thursday after the announcement, a decline that has left investors questioning whether the market is still optimistic about Nvidia's prospects. Despite beating expectations, the chipmaker's performance was unable to satisfy investors, leaving its market capitalization below $3 trillion.

Stock Market Sees Correction Amid Tariff Uncertainty Δ1.77

The Nasdaq Composite has plummeted over 2.6% to enter correction territory, with tech stocks leading the retreat as investors grapple with Trump's shifting tariff policy and concerns about the economy. Investors have been reassured by Broadcom's better-than-expected financial results, which saw shares rally roughly 10%. The S&P 500 sank nearly 2%, setting a new low since November.

The Stock That Defies Convention Returns Δ1.77

Richardson Electronics, Ltd. (NASDAQ:RELL) shareholders are probably generally happy with their 222% returns over the last five years, but the stock hasn't had particularly good run recently, with the share price falling 11% in the last quarter. The company's underlying fundamentals have driven long-term performance, with revenue growth at 7.6% per year and a TSR of 222%. However, to understand whether this trend continues, it's essential to examine the drivers of the growth.