#5 - Palantir (NASDAQ:PLTR)
If you want a fun experiment, type $PLTR in the WallStreetBets forum and watch what happens. Palantir Technologies Inc. (NYSE: PLTR) has been a polarizing stock since it went public via a direct listing in 2020.
That's not to say there haven't been many reasonable objections raised about Palantir. However, in every case, Palantir has overcome those objections. Still, until 2023, the stock was trading just above penny stock territory. But many companies seeking to build their AI capabilities find that Palantir offers an ideal solution. The company's immersive AIP bootcamps are becoming great word-of-mouth advertising.
Recent remarks by Palantir chief executive officer (CEO) Alec Karp make it clear that there's no love lost between Karp and those who would seek to short PLTR stock. However, words won't stop the shorts from trying. Only time will tell if Palantir can silence its many critics.
About Palantir Technologies
Palantir Technologies, Inc engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. It operates under the Commercial and Government segments. The Commercial segment focuses on customers working in non-government industries. The Government segment is involved in providing services to customers that are the United States government and non-United States government agencies.
Read More - Current Price
- $80.55
- Consensus Rating
- Reduce
- Ratings Breakdown
- 2 Buy Ratings, 11 Hold Ratings, 6 Sell Ratings.
- Consensus Price Target
- $41.00 (49.1% Downside)
