Palantir Technologies stock (NASDAQ: PLTR) has had a solid run, rising by almost 4x since the beginning of the year to about $66 presently.

Dubbed the Messi of AI growth, Palantir Technologies Inc. (NASDAQ:PLTR) has had a remarkable couple of years. The stock soared more than 45% this month alone, demonstrating how far it has come from being a government-focused contracting and consulting firm to an AI-driven data analytics software company.

There's plenty of evidence that Palantir's (NYSE: PLTR) stock is in a bubble. History is not on Palantir's side, and many companies have traded around the lofty expectation its stock currently trades at,

Palantir Technologies stock (NYSE: PLTR) has had a solid run, rising more than 3.5x since the beginning of the year to about $63 presently.

After Nvidia’s roaring success in recent years it may be time for the wider software sector to ‘get in on the AI party.’ That’s the view of Wedbush analysts.

Palantir Technologies (NYSE: PLTR) is one of the hottest stocks of 2024, but I think there is another hot artificial intelligence (AI) software stock that investors should consider as well. AppLovin's (NASDAQ: APP) stock price is up more than 650% so far this year,

Revenue growth can be exciting, but what's much more important in the long run is the bottom line. If a company can grow its earnings at a high rate, that can improve its price-to-earnings (P/E) multiple and make the stock a better value buy for investors. This can be particularly key for Palantir, whose P/E ratio is now at around 300.

Analysts have set 12-month price targets for Palantir Technologies, revealing an average target of $42.9, a high estimate of $75.00, and a low estimate of $28.00. Marking an increase of 32.41%, the current average surpasses the previous average price target of $32.40.

Artificial intelligence stocks are soaring in 2024, but only one is the better AI stock between Nvidia (NASDAQ: NVDA) and Palantir (NYSE: PLTR). Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.

With a big move in Palantir already, a climactic move higher or dramatic move lower might be next. Here's how to profit.

Palantir (NYSE:PLTR) made waves with its Q3 earnings earlier this month, surpassing expectations on both revenue and profit once again. Shares