Palantir Technologies Inc. has experienced dramatic stock growth, up 405.18% over the past year, although it recently faced a 5.71% decline. The company won multiple federal contracts, including a $30 million deal with ICE for an immigration tracking system, raising scrutiny about privacy. Despite a lowered price target from $141 to $125, analysts remain optimistic about Palantir's financial outlook for 2025, expecting sales between $3.74 billion and $3.76 billion. The booming Big Data market presents immense possibilities for Palantir, emphasizing its position in the industry.
Shares of Palantir Technologies Inc. have demonstrated remarkable growth with a 405.18% increase over the past year, despite recent declines in recent trading sessions.
The firm secured significant federal contracts aimed at creating extensive databases, sparking interest but also showcasing concerns about privacy and data usage implications.
Collection
[
|
...
]