Shares of Palantir Technologies Inc (NYSE: PLTR) were climbing Tuesday after the company reported better-than-expected fourth-quarter results.
Here's what four analysts are saying about the earnings report.
Wedbush On Palantir Technologies
Analyst Daniel Ives maintained an Outperform rating while raising the price target from $25 to $30.
Palantir Technologies is experiencing “off the charts commercial success,” with rising demand for its artificial intelligence platform, Ives said in a note.
“With a US commercial business that grew an eye popping 70% in 4Q (up from mid 20% a few quarters ago) and commercial customer count that grew 44% as the AI Revolution is driving AIP deal flow to a level we did not expect until 2025,” he added.
Mizuho Securities On Palantir Technologies
Analyst Matthew Broome reiterated a Neutral rating while lifting the price target from $16 to $18.
Palantir Technologies reported ...