The market for data services is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028—an increase of 82.2%. Palantir Technologies, a major player in this industry, has seen its stock price rise over 608.00% since going public in 2020.
With Wall Street analysts often only providing one-year price targets, it complicates the ability for investors to gauge the medium and long-term potential of Palantir's stock.
Palantir’s four operating platforms—AIP, Foundry, Gotham, and Apollo—are key growth drivers, while its partnerships with space companies are set to innovate space technology through AI intelligence.
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