Analysts are divided on Palantir’s (NASDAQ: PLTR) future, with some predicting a potential drop of up to 37% following its upcoming earnings report. Yet, recent partnerships, such as the collaboration with Booz Allen Hamilton (NYSE: BAH), have been promising developments for the company.
Despite the mixed outlook, PLTR stock has shown a strong performance with an increase of over 240% over the last six months.
That said, the stock closed the last trading session at $82.49, increasing $1.27 from the previous day—a 1.56% uptick—and a year-to-date increase of 20.9%.
Picks for you
AI predicts PLTR stock price
At the halfway point in the month, Finbold’s AI price prediction tool forecasts that the PLTR stock price will surpass its current levels by Valentine’s Day. February 14, 2025, will also be a Friday, which is the end of the trading week.
First off, Claude 3.5 Sonnet gave the best outlook for PLTR stock price. It predicted a price of $89.75, which is an 8.8% uptick.
On the other hand, Grok 2 Vision and Chat GPT-4o Mini predicted similar results, with Elon Musk’s AI chatbot suggesting a price of $85.50 or a 3.65% increase, and the latter predicting a price of $85, which is a 3.04% uptick for Valentine’s Day, 2025.
It’s also worth mentioning that no AI model predicted a deceased stock price, with an average predicted price of $85.45 (3.59% growth).
PLTR fundamentals
Palantir Technologies Inc. specializes in big data analytics and offers platforms like Palantir Gotham for government clients and Palantir Foundry for commercial customers.
Recently, the company launched its artificial intelligence (AI) platform (AIP), which leverages generative AI to optimize business operations. This innovation has driven substantial growth and attracted investor interest, contributing to the company’s strong performance.
Featured image via Shutterstock