Palantir’s $200 Target Meets Doubts on AI Growth
Palantir Technologies stock moved just 0.15% higher to $135.73 in Monday afternoon trades, with little change after a tough stretch last week. The market cap was about $349 billion. Investors kept selling pressure on the shares as they tried to gauge new bullish opinions on the company’s AI software against a valuation that offers little margin for error. Arguments around Palantir have picked up as the company sheds its image as only a defense-data play with an AI tag. Q1 numbers showed strong gains in both government and commercial sales. Now, after dropping over 20% this year, the question is back—can the stock recover its past pace? Market writers are raising that issue once more.