Latest news with #Ontology
Yahoo
23-05-2025
- Business
- Yahoo
Palantir Expands Enterprise Reach with SAP SE Deal
Palantir Technologies Inc. (NASDAQ:PLTR) has expanded its enterprise reach as its stock rises after a 67% year-to-date gain. On May 20, the company inked a strategic partnership with enterprise software giant SAP SE (NYSE:SAP) as it continues to pursue opportunities in the commercial sector. A corporate executive shaking hands with a customer, sealing the deal for a Digimarc watermark solution. The deal paves the way for the merger of Palantir's Ontology and Foundry platforms with SAP's enterprise data systems. It also follows the unveiling of innovations and partnerships with global companies aimed at putting the power of business artificial intelligence in people's hands while boosting productivity by up to 30%. Additionally, the SAP SE collaboration follows Palantir's announcement of a strategic partnership with Divergent Technologies, which aims to revolutionize manufacturing workflows for commercial and defense clients by combining Palantir's Foundry and Warp Speed platforms with Divergent's AI-driven manufacturing capabilities. Similarly, the stock has been on a roll, on the company delivering solid financial results that underscore strong demand for its solutions. The company saw its revenue growth hit 39% in the first quarter as operating margins reached 44%. Consequently, analysts at William Blair reiterated a Market Perform rating on the stock as Palantir revised its 2025 revenue, operating income, and free cash flow upward by 4%, 10%, and 13%, respectively. While we acknowledge the potential of Palantir Technologies Inc. (NASDAQ:PLTR) as an investment, 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 the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. 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
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
20-02-2025
- Business
- Yahoo
Palantir: Loop Capital initiates at Buy, Wedbush remains bullish
-- Palantir Technologies received a new Buy rating from Loop Capital and continued bullish support from Wedbush on Thursday, despite recent market concerns over potential U.S. defense budget cuts. Loop Capital initiated coverage on Palantir (NASDAQ:PLTR) with a $141 price target, highlighting the company's role in the AI-driven enterprise revolution. 'Palantir is leveraged to the AI (and GenAI) themes sweeping through the tech sector, which are enormous market opportunities,' the firm wrote. Analysts emphasized Palantir's differentiated AI data platform, which uses an Ontology framework to make AI-driven decision-making more intuitive for enterprises and government agencies. Despite concerns about valuation—trading at nearly 44x estimated 2027 revenue—Loop Capital compared Palantir's long-term potential to Adobe (NASDAQ:ADBE) in digital marketing and Salesforce (NYSE:CRM) in cloud computing. 'If you buy into the big picture as we do… then it's hard to put a price on the opportunity,' the firm stated, recommending investors start positions and add on pullbacks. Wedbush, which maintains its Outperform rating and a $120 price target, dismissed concerns over defense budget reductions, arguing that Palantir stands to gain rather than lose from Pentagon spending shifts. 'The bears… now have found their latest 'silver bullet' negative thesis around PLTR being exposed to these budget cuts,' Wedbush wrote. 'This is exactly the opposite of how we believe these DOD cuts will play out.' Analysts expect Palantir to secure more IT budget dollars, given its ability to streamline and optimize military AI spending. Wedbush also pointed to Project Stargate, a government AI initiative, as a key growth catalyst for Palantir. 'Karp&Co. are playing chess in the AI Arms Race while others play checkers,' the firm noted, adding that Palantir could become the next Oracle (NYSE:ORCL) or Salesforce as AI adoption accelerates. Despite near-term volatility, both firms see Palantir as a long-term AI leader with significant upside potential. Related Articles Palantir: Loop Capital initiates at Buy, Wedbush remains bullish European stocks slide as investors sift through earnings deluge ACV stock falls on weak guidance despite revenue beat Sign in to access your portfolio
