Latest news with #AIPCon6
Globe and Mail
05-05-2025
- Business
- Globe and Mail
‘Jump In – If Price Doesn't Scare You,' Says Investor About Palantir Stock
Palantir (NASDAQ:PLTR) kicked off the new year with serious momentum, and its February earnings report only turned up the heat, highlighting growing revenues, improving margins, and increasing clientele. Protect Your Portfolio Against Market Uncertainty Though Palantir is not immune from the overall trends that have beset global economies, the company also shows no indications that its growth is slowing down. Just last month, at the company's AIPCon 6 gathering, Palantir announced a slew of new partnerships with major firms such as Qualcomm and Databricks. The proof, as the saying goes, is in the pudding, and PLTR's share price has risen over 60% in 2025 – no trivial matter considering most of the tech industry has been sinking this year. The company is gearing up to release its Q1 2025 results next week, on May 5, having guided for revenues between $858 million and $862 million. This would represent year-over-year growth of ~35%. The big question facing investors is whether the company's white-hot growth trajectory has continued unabated through the early turbulence of 2025. Investor Adria Cimino remains bullish on Palantir's long-term potential but isn't rushing to hit the buy button just yet. 'Rushing out to buy Palantir before May 5 to potentially benefit from earnings news is a bet on the short term, and that's risky,' cautions the 5-star investor. Cimino notes that Palantir's previous track record has set a high bar, meaning that any stumbles – regardless of the cause – could spark a downslide. President Trump's on-again, off-again tariff policy has wreaked havoc throughout the markets, leaving the geopolitical situation far from stable. 'And any potential words of uncertainty from Palantir regarding this might worry investors,' adds Cimino. Still, the investor points out that there are many reasons to be 'optimistic' about PLTR, such as the company's proven ability to expand its commercial and sovereign businesses by offering 'game-changing' AI-powered solutions specifically designed using the clients' own data. 'Aggressive tech investors who don't mind paying a bit more for a top-performing company may scoop up a few shares today — and keep this player in their portfolio for the long haul,' Cimino summed up. (To watch Cimino's track record, click here) Meanwhile, Wall Street is erring on the side of caution. With 12 Hold recommendations accompanied by 3 Buys and Sells, each, PLTR holds a consensus Hold (i.e., Neutral) rating. The 12-month average price target of $93.69 would translate into losses approaching 24% in the year ahead. (See PLTR stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
Yahoo
14-03-2025
- Business
- Yahoo
Palantir Surges Over 7% as Companies Highlight AI Gains at AIPCon 6
Palantir (NASDAQ:PLTR) shares jumped over 7.5% by noon ET Friday after its AIPCon 6 event showcased how customers are leveraging its AI platform, AIP. CEO Alex Karp opened the event by emphasizing Palantir's role in helping companies maximize efficiency using its Foundry and Ontology platforms. Foundry serves as an enterprise operating system, while Ontology builds digital twins of organizations to optimize AI models. Warning! GuruFocus has detected 3 Warning Signs with WBA. The only thing we care about is making your company more valuable, Karp said, adding that Palantir's mission is to become the best value-creating software provider over the next decade. Several major companies, including Walgreens (NASDAQ:WBA), AT&T (NYSE:T), Delta Air Lines (NYSE:DAL), and Wendy's (NASDAQ:WEN), shared how Palantir's AI tools are enhancing operations and decision-making. Additionally, Palantir announced new partnerships with Databricks, Saronic Technologies, Archer, and Saildrone, signaling further expansion in AI-driven enterprise solutions. This article first appeared on GuruFocus. Sign in to access your portfolio
Globe and Mail
14-03-2025
- Business
- Globe and Mail
Why Palantir Stock (PLTR) Is Surging Today
Shares of Palantir (PLTR) are surging at the time of writing following the AI software company's AIPCon 6 event, where customers demonstrated their applications using Palantir's artificial intelligence platform, AIP. Unsurprisingly, CEO Alex Karp emphasized the importance of using AI to increase business value and stated that Palantir's goal is to make companies more valuable by providing them with the necessary tools. Light Up your Portfolio with Spark: Easily identify stocks' risks and opportunities. Discover stocks' market position with detailed competitor analyses. Karp also highlighted the significance of Palantir's Foundry and Ontology platforms. For context, Foundry is an enterprise operating system, while Ontology creates a digital twin of an organization. Karp said that Palantir's focus is on delivering value to its customers rather than relying on popularity and plans to become the best value-creating software provider in the world within the next five to ten years. In addition, the AIPCon 6 event featured presentations from various Palantir customers, such as Walgreens (WBA) and Delta Air Lines (DAL), who demonstrated how the company's solutions are improving performance. Additionally, Palantir announced new partnerships with Databricks, Saronic Technologies, Archer, and Saildrone. The fact that customers are willing to endorse Palantir's products with presentations and agree to new partnerships undoubtedly pleased investors enough to send the stock higher. What Is the Prediction for PLTR Stock? Overall, analysts have a Hold consensus rating on PLTR stock based on four Buys, 10 Holds, and four Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average PLTR price target of $94.27 per share implies 9.8% upside potential. See more PLTR analyst ratings Questions or Comments about the article? Write to editor@
Yahoo
13-03-2025
- Business
- Yahoo
Palantir and Databricks Join Forces to Supercharge AI Adoption
Palantir (NASDAQ:PLTR) has teamed up with Databricks in a new partnership aimed at accelerating the development of artificial intelligence applications and making generative AI deployment more accessible. The collaboration is designed to lower technical and operational barriers, enabling businesses to integrate autonomous workflows more efficiently. Ted Mabrey, Palantir's Global Head of Commercial, emphasized that the integration between Palantir and Databricks will reduce costs and complexity for customers while providing a stronger AI foundation. Palantir and Databricks are aligned to deliver on our customers' mission-critical objectives, and this partnership has already proven to accelerate those outcomes, Mabrey said. The announcement comes just ahead of AIPCon 6, Palantir's AI-focused conference, which will be livestreamed at 12:40 p.m. ET. The event is expected to showcase new customer partnerships and real-world use cases of Palantir's AI solutions. Despite the news, Palantir shares were down over 4% in early market trading. This article first appeared on GuruFocus.
Yahoo
12-03-2025
- Business
- Yahoo
Palantir's Cryptic Teaser Sends Stocks Soaring--A Game-Changing AI Announcement Is Coming
Palantir (NASDAQ:PLTR) just dropped a cryptic teaser on X, and investors are paying attention. The 15-second clip is packed with symbolsPalantir's logo, an hourglass, a four-pointed starbefore shifting to a countdown clock and a light-speed visual. The number six takes center stage, fueling speculation that this is all leading up to Palantir's sixth AIPCon. Shares jumped 4.5% pre-trading at 7.51am on the buzz, as traders brace for what could be a major AI-driven announcement on March 13. Turns out, the hype was spot on. Palantir has now confirmed AIPCon 6, and it's bringing some serious names to the table. New customer signings include Heineken, Walgreens, and RaceTrac, while companies like Red Cat and Saildrone will showcase how they're leveraging Palantir's AI to reshape American manufacturing. Heavy hitters AT&T, KKR, and Delta Air Lines are also on the lineup, giving investors a front-row seat to how AI adoption is scaling across industries. With AI partnerships piling up and demand for Palantir's software growing, this event could be a catalyst moment for the stock. AIPCon 6 kicks off March 13, with exclusive content dropping 20 minutes before the livestream. Expect investors to dissect every announcement, looking for signs that Palantir is tightening its grip on the AI revolution. This article first appeared on GuruFocus.
