Latest news with #LouieDiPalma
Business Insider
2 days ago
- Business
- Business Insider
Analysts Offer Insights on Industrial Goods Companies: Performance Shipping (PSHG) and Sterling Construction (STRL)
There's a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Performance Shipping (PSHG – Research Report) and Sterling Construction (STRL – Research Report) with bullish sentiments. Confident Investing Starts Here: Performance Shipping (PSHG) In a report issued on May 30, Tate Sullivan from Maxim Group reiterated a Buy rating on Performance Shipping, with a price target of $5.00. The company's shares closed last Tuesday at $1.60, close to its 52-week low of $1.48. According to Sullivan 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.9% and a 38.7% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as United Maritime Corp., Seanergy Maritime, and BWX Technologies. The the analyst consensus on Performance Shipping is currently a Hold rating. William Blair analyst Louie DiPalma maintained a Buy rating on Sterling Construction today. The company's shares closed last Tuesday at $194.23, close to its 52-week high of $206.07. According to DiPalma has 0 stars on 0-5 stars ranking scale with an average return of -11.7% and a 60.6% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Science Applications, and BigBearai Holdings. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sterling Construction with a $205.00 average price target.
Globe and Mail
3 days ago
- Business
- Globe and Mail
Palantir Is Reportedly Building a US ‘Spy Machine.' How Should You Play PLTR Stock Here?
Palantir (PLTR) is in focus this morning following a report that it has received a contract from the President Donald Trump administration to build what is being described in the media as a 'spy machine.' According to The New York Times, the Nasdaq-listed company is creating a database of Americans based on personal data pulled from various federal agencies, raising ethical and privacy concerns. At the time of writing, Palantir shares are up more than 100% versus their year-to-date low in April. Palantir Stock Could Benefit From 'Spy Machine' Contract Critics are citing potential for abuse among other risks tied to the surveillance infrastructure that Palantir Technologies is reportedly developing for the U.S. government as well. However, the presumably large, long-term, and high-value contract may prove a major tailwind for Palantir stock as it will likely boost the company's already fast-growing government business. In Q1, the big data analytics firm saw its US government revenue increase by another 45% on a year-over-year basis to $373 million. In short, building the said 'spy machine' for the Trump administration suggests PLTR is deeply embedded in critical government operations, which could lead to steady revenues and improved investor confidence. William Blair Reiterates Dovish View on PLTR Shares William Blair analyst Louie DiPalma remains bearish on PLTR shares even though the big data analytics firm is evidently growing its ties with the U.S. government this year. On its Q1 earnings call, Palantir said its ongoing investments in technical talent and AI production use cases will result in higher expenses in 2025, which DiPalma dubbed a big red flag for investors. Why? Because the AI stock is already trading at a massive premium even to the likes of Nvidia (NVDA). Palantir Could Tank More Than 25% From Here Other Wall Street analysts seem to agree with DiPalma's dovish view on Palantir stock, given the consensus rating on the Denver-headquartered firm currently sits at 'Hold' only. Analysts' mean target of about $94 on PLTR shares indicated potential downside of well over 25% from current levels.
Yahoo
27-05-2025
- Business
- Yahoo
Palantir (PLTR) Holds Ground as Trump Tariff Threats Roil Markets
Palantir (PLTR, Financials) traded sideways Friday as the broader market reacted sharply to President Trump's new tariff threats targeting Apple and the European Union. While Booz Allen Hamilton (BAH, Financials) plunged on weak earnings and layoffs, Palantir gained on speculation of deeper ties to federal AI initiatives. Revenue or EPS figures were not disclosed in the Friday coverage, but the Department of Defense raised the ceiling on Palantir's Maven Smart System contract to $1.275 billion from $480 million, according to analyst Louie DiPalma of William Blair. Analyst Daniel Ives of Wedbush noted that Palantir is positioned to play a major role in Trump's proposed Golden Dome, a U.S. missile defense project modeled on Israel's Iron Dome. The system would be led by the U.S. Space Force, with Palantir expected to provide data analytics and AI support. Palantir's political ties also bolstered sentiment. Co-founder Peter Thiel and Trump officials such as David Sacks, now the administration's AI and crypto czar, signal favorable policy alignment. Palantir's long-standing government work in intelligence and counterterrorism gives it a head start as Trump prioritizes AI defense spending. Investors appear to be rotating into names perceived as aligned with Washington's new priorities. Palantir is also ramping up efforts to expand its generative AI offerings into the private sector, including healthcare and finance. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
William Blair Reiterates Hold Rating on Palantir Technologies (PLTR) Stock
On May 21, William Blair reiterated its Hold Rating on Palantir Technologies Inc. (NASDAQ:PLTR), without a price target, due to various factors linked to the company's recent developments. Louie DiPalma from William Blair keeps his rating on PLTR despite the U.S. Department of Defense notably raising the contract ceiling for Palantir's MSS software licenses. This indicates robust adoption by the U.S. Combatant Commands as the contract increased from $480 million to $1.275 billion. This suggests a continued rise in spending on MSS licenses, with an average annual spending anticipated at $272.5 million over the next four years. DiPalma remains neutral on Palantir, keeping a balanced view, considering both the potential for growth and the risks that remain. During the Q1 2025 earnings call, the company mentioned that they expect a significant increase in expenses this year due to investments in technical talent and AI production use cases. DiPalma is keeping an eye on the spending and adoption rates of the company, which are still subject to further clarification. The company has raised its full-year 2025 revenue guidance midpoint to around $3.89 billion, indicating a 36% growth year-over-year. However, DiPalma's Hold rating reflects a cautious approach, admiring the company's promising prospects in defense contracts while observing the financial data and waiting for further developments. Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms to assist in counterterrorism investigations and operations. The company has created four principal software platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence (API). While we acknowledge the potential of PLTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLTR and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
William Blair Reiterates Hold Rating on Palantir Technologies (PLTR) Stock
On May 21, William Blair reiterated its Hold Rating on Palantir Technologies Inc. (NASDAQ:PLTR), without a price target, due to various factors linked to the company's recent developments. Louie DiPalma from William Blair keeps his rating on PLTR despite the U.S. Department of Defense notably raising the contract ceiling for Palantir's MSS software licenses. This indicates robust adoption by the U.S. Combatant Commands as the contract increased from $480 million to $1.275 billion. This suggests a continued rise in spending on MSS licenses, with an average annual spending anticipated at $272.5 million over the next four years. DiPalma remains neutral on Palantir, keeping a balanced view, considering both the potential for growth and the risks that remain. During the Q1 2025 earnings call, the company mentioned that they expect a significant increase in expenses this year due to investments in technical talent and AI production use cases. DiPalma is keeping an eye on the spending and adoption rates of the company, which are still subject to further clarification. The company has raised its full-year 2025 revenue guidance midpoint to around $3.89 billion, indicating a 36% growth year-over-year. However, DiPalma's Hold rating reflects a cautious approach, admiring the company's promising prospects in defense contracts while observing the financial data and waiting for further developments. Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms to assist in counterterrorism investigations and operations. The company has created four principal software platforms, including Gotham, Foundry, Apollo, and Palantir Artificial Intelligence (API). While we acknowledge the potential of PLTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLTR and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
