Palantir Technologies'Artificial Intelligence Platform 'Unmatched,'Wedbush Says
Idag, 17:19
11:19 AM EDT, 05/05/2026 (MT Newswires) -- Palantir Technologies (PLTR) continues to be a major beneficiary of the artificial intelligence shift, with its Artificial Intelligence Platform "unmatched"in the industry, Wedbush said in a Tuesday note.
The company delivered strong Q1 financial results, with total revenue at its highest ever year-over-year growth rate of 85% as its Artificial Intelligence Platform continues to gain "unprecedented"traction across the enterprise and federal sectors, Wedbush analysts said.
US business grew 104% from a year ago, surpassing the $5 billion annualized revenue run rate and validating the analysts'long-term thesis that the platform is becoming the default operating system for AI for large businesses, according to the note.
Palantir has once again boosted full-year 2026 guidance across the board, capitalizing on surging demand for its AI capabilities, the note said. The analysts said they considered the company to be one of the top tech names to own for the year.
Wedbush maintained the company's stock rating at outperform and price target at $230.
Price: 137.54, Change: -8.49, Percent Change: -5.81
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Palantir Technologies'Artificial Intelligence Platform 'Unmatched,'Wedbush Says
Idag, 17:19
11:19 AM EDT, 05/05/2026 (MT Newswires) -- Palantir Technologies (PLTR) continues to be a major beneficiary of the artificial intelligence shift, with its Artificial Intelligence Platform "unmatched"in the industry, Wedbush said in a Tuesday note.
The company delivered strong Q1 financial results, with total revenue at its highest ever year-over-year growth rate of 85% as its Artificial Intelligence Platform continues to gain "unprecedented"traction across the enterprise and federal sectors, Wedbush analysts said.
US business grew 104% from a year ago, surpassing the $5 billion annualized revenue run rate and validating the analysts'long-term thesis that the platform is becoming the default operating system for AI for large businesses, according to the note.
Palantir has once again boosted full-year 2026 guidance across the board, capitalizing on surging demand for its AI capabilities, the note said. The analysts said they considered the company to be one of the top tech names to own for the year.
Wedbush maintained the company's stock rating at outperform and price target at $230.
Price: 137.54, Change: -8.49, Percent Change: -5.81
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