Latest news with #MarianaPerezMora
CNBC
4 days ago
- Business
- CNBC
Forget Palantir. Bank of America believes it found the next hot national defense tech play
Bank of America says the defense contractor V2X is benefiting from a "scale and scope strategy coming to fruition." BofA upgraded the 11-year-old, Reston, Virginia based manufacturer to buy from neutral on Wednesday, raising its price target to $65 per share from $55. The bank's forecast implies more than 19% upside from Tuesday's $54.56 close. V2X jumped 7% in early trading Wednesday, brining its year-to-date gain to 22%. Analyst Mariana Perez Mora pointed to V2X recently winning a contract tied to the T-6 aircraft "as a key enabler of growth." "[W]e would expect to start to see full revenue contribution from the contract beginning in 2027. The predecessor contract (V2X won the current iteration as a takeaway) obligated ~$200-$300mn in funding annually," the analyst said. "We think this is a reasonable assumption on a go-forward basis for contribution to V2X as the contract fully ramps." VVX YTD mountain V2X stock in 2025. Bank of America also highlighted V2X's advantage over competitors, owing to its "strategy to provide full-lifecycle support to increasingly complex military operations." "In addition to the scale and scope strategy at logistics and maintenance work, we appreciate that V2X is also winning awards to 'move up the food chain' and take part in higher-growth, higher-margin work," the BofA analyst said. "We think this combination will result in accelerating and sustainable growth in the years to come and, thus, re-rating." In other words, the stock is likely to sell for a higher price-to-earnings ratio.
Yahoo
08-08-2025
- Business
- Yahoo
BofA Raises Price Target on Palantir Stock from $150 to $180, Keeps Buy Rating
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the . On August 5, BofA raised the price target on Palantir Technologies Inc. (NASDAQ:PLTR) stock from $150 to $180, keeping its Buy rating. Mariana Perez Mora from BofA increased the price target on PLTR following record quarterly revenue. During Q2 2025, the company achieved a record-breaking $1 billion in revenue, reflecting a 48% year-over-year growth. Mora sees Palantir 'approaching its own 'singularity' moment this quarter,' after reaching $1 billion in quarterly revenue. Palantir's U.S. commercial sector boosted with a 93% year-over-year revenue growth, massively outpacing the U.S. government revenue growth of 53%. A software developer looking out a window while confidently typing away on their laptop. The analyst believes that the U.S. customer count growth of 64% year-over-year, with almost a 10% increase in headcount, is a soothing concern. This indicates that growth is capped, and new customer growth will continue. Mora mentioned that Palantir remains the best in class for deploying and operationalizing AI into enterprises, giving it a major edge for continued growth. Palantir Technologies Inc. (NASDAQ:PLTR) is engaged in building and deploying software to help in counterterrorism investigations and operations. While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 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
Business Insider
15-05-2025
- Business
- Business Insider
‘Don't Sleep on It,' Says Bank of America About Palantir Stock
Palantir (NASDAQ:PLTR) appears to operate on one setting: BIG. It deals in big data, has delivered some very real-world big growth, and its stock has exploded big time – up 507% over the past year alone. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter But there's one more thing that's big, and it's stirring debate: its valuation. This is a point brought up by Bank of America analyst Mariana Perez Mora, who ranks in the top 1% of Wall Street stock experts. 'The biggest pushback we hear on PLTR is that it looks expensive,' said Perez Mora. 'In traditional metrics based on 2026 consensus estimates, PLTR is trading at 7x PEG, 2x EV/Sales/Growth, & 4x EV/FCF/Growth. These valuation metrics are at least two-fold other software infrastructure peers.' However, the analyst thinks traditional metrics do not properly reflect Palantir's long-term and short-term growth potential or its 'highly profitable' sales strategy. The company, she says, is 'leap-frogging near-term expectations.' Its updated 2025 sales forecast of approximately $3.9 billion now matches what analysts had only projected for 2026 as recently as mid-last year. There has been 'unrelenting demand' for Palantir's AI offerings, and despite market skepticism about scalability, the company is proving its ability to deliver. To reflect this stronger-than-expected trajectory, especially across U.S. commercial and government segments, Perez Mora has revised her estimates. She now sees sales growing at a 35% CAGR from 2024 to 2027 (up from 33%). She's also raised her adjusted EPS forecasts from $0.52 to $0.57 in 2025, from $0.69 to $0.71 in 2026, and from $0.93 to $0.95 in 2027. Looking beyond the next 3–5 years, Perez Mora believes the market is still underestimating Palantir's capabilities – much like it did with other disruptive technologies in the past. For instance, in 1980, AT&T commissioned a consulting firm to forecast the mobile phone market by 2000 – the projection was for 900,000 users, a figure way off the eventual mobile subscriptions of 100 million+. These early forecasts also missed the emergence of apps, streaming, smart devices, and consequently the rise of the first trillion-dollar tech company. If Perez Mora is right, Palantir's valuation might not be the elephant in the room – it might just be the elephant charging ahead. With both Defense and Commercial markets still in their early innings, the BofA analyst believes Palantir's upside remains underappreciated. Her new price target reflects that conviction – she's taking it from $125 to a Street-high $150, implying another 17% upside from here. And yes, she's still firmly in the Buy camp. (To watch Perez Mora's track record, click here) The BofA take, however, is at odds with the broader Wall Street view. Based on a mix of 11 Holds, 4 Sells and 3 Buys, the analyst consensus rates PLTR stock a Hold (i.e., Neutral). Meanwhile, the $100.13 average price target suggests the shares are overvalued by 23%. (See PLTR stock forecast) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
13-05-2025
- Business
- Yahoo
Palantir stock makes history as analysts revamp price target
Over the past few months, one tech stock has consistently outperformed its larger peers, demonstrating strong resilience in a highly unstable market. Palantir Technologies () has emerged as one of the year's undeniable breakout stocks, with year-to-date (YTD) gains of almost 60%. While many prominent tech stocks have struggled recently, primarily due to rising uncertainty from President Donald Trump's tariffs, PLTR has trended upward and made notable progress. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 Originally a data analytics and enterprise software company, Palantir has successfully ventured into other high-growth markets, such as cybersecurity services and providing defense contracting technology to the U.S. military. Through it all, though, Wall Street analysts have remained mixed on the stock, despite its recent growth. However, one financial institution recently increased its PLTR stock price target significantly, marking a historic milestone for the company. While many tech stocks kicked off this week by surging, Palantir stock displayed only modest growth yesterday. The U.S. and Chinese governments announced a 90-day pause on the tariffs they have levied against each other, and markets have reacted extremely well to the did close out yesterday in the green, although it dipped slightly in after-hours trading. All the same, investors have cause for optimism, given the significant price target increase that PLTR stock received from Bank of America, its highest one so far. The Wall Street bank reiterated a Buy rating for Palantir and raised its forecast from $125 per share to $150, implying upside of 27%. Analyst Mariana Perez Mora released a note to investors, laying out her team's bullish take on the breakout AI stock. 'While there's some value for general tools, we continue to remind investors Palantir's value is creating outcome-focused bespoke AI-enabled products, at scale,' she stated. 'We see PLTR as the market definer for organizations leveraging AI to drive accelerated tangible results.' Additionally, she pointed to Palantir's recent earnings report as proof that the company is able to deploy products quickly and increase its customer base. Her prediction is even more bullish than that of Wedbush analyst Daniel Ives, who recently increased his from $120 to $140, implying 18% upside potential. Palantir celebrated another important milestone last week when it joined the list of the U.S.'s top 10 most valuable tech companies by market capitalization, blowing past leading software company Salesforce. This puts it in the same elite category as market leaders such as Microsoft, Apple, and Nvidia. More Palantir News: Analysts revamp Palantir stock target amid post-earnings tumble Elon Musk may be teaming up with Palantir on important project Veteran trader revisits Palantir stock price target after NATO deal Perez Mora also addressed a fear some experts have expressed regarding Palantir being compromised by cuts in federal spending, as the company has benefited significantly from lucrative defense contracts. However, she argues that the recent Modernizing Defense Acquisitions and Spurring Innovation executive order, a policy aimed at helping the U.S. government accelerate defense initiatives, will likely benefit Palantir. Other Wall Street analysts aren't so bullish on Palantir, which may be because some experts see it as being overvalued. Former Goldman Sachs equity analyst Carl Hazeley states that 'with a price-to-earnings ratio of over 150 times, this stock could well have much, much further to fall.'Last week, analysts from Citi, UBS, and Loop Capital Markets all increased their Palantir stock price targets by modest amounts, but none hold Buy ratings, and all three forecasts imply significant downside potential. Even so, Perez Mora is steadfast in her take that PLTR stock will continue to grow and will benefit from upcoming catalysts, even if other analysts believe its valuation is too high. Experts have made similar arguments to Hazeley's for months, but through it all, Palantir has mostly continued growing. Most analysts have made it clear they are approaching the stock with caution, despite its recent success and steady growth. It remains uncertain whether Perez Mora's price target increase will help spark further bullish sentiment on Wall 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
Yahoo
13-05-2025
- Business
- Yahoo
Palantir (PLTR) Climbs Again as Wall Street Sees More AI Upside
Palantir Technologies (NASDAQ:PLTR) saw a solid 4% bump in its stock price on Tuesday, continuing its strong performance this year. The stock has surged nearly 57% in 2025, standing out in a market where many tech stocks are struggling. Despite the impressive gains, analysts are still mixed on where the stock is headed. Bank of America raised its price target to $150, implying a 27% upside. The bank sees Palantir's ability to quickly deploy AI products and grow its customer base as key to its success. Analyst Mariana Perez Mora calls the company a leader in AI-driven solutions. However, not everyone is as optimistic. Some analysts, like former Goldman Sachs analyst Carl Hazeley, argue the stock is overvalued, pointing to its high price-to-earnings ratio. Other firms, including Citi, UBS, and Loop Capital Markets, raised their targets but stopped short of recommending a Buy. Palantir recently joined the top 10 U.S. tech firms by market cap, a big milestone. Even with concerns about federal spending cuts, Perez Mora believes the company will keep growing, especially with ongoing defense contracts. This article first appeared on GuruFocus.
