Deutsche Bank analyst Brad Zelnick maintains $Palantir (PLTR.US)$ with a sell rating, and adjusts the target price from $26 to $35.
According to TipRanks data, the analyst has a success rate of 67.9% and a total average return of 12.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Palantir (PLTR.US)$'s main analysts recently are as follows:
According to predictions for the software sector in 2025, the industry is expected to outperform due to enhanced fundamentals, optimistic estimates, and slight multiple expansions throughout that year. Improving demand trends and burgeoning optimism regarding artificial intelligence are anticipated to overshadow the gradually increasing adoption of generative AI, heightened capital expenditures, and the continuing debate over scaling laws.
Palantir has seen its valuation enhanced due to the momentum in its commercial sector and the lifecycle of its Artificial Intelligence Platform product. Additionally, disciplined spending and performance in the government segment have outpaced estimates. However, prevailing market prices are thought to heavily reflect this success, with concerns looming over potential risks tied to political shifts and government-related developments potentially affecting its near-term stock trajectory.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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