Why is Cathie Wood selling Palantir?
The sale came as Palantir’s share price began to weaken following a strong rally earlier in the year. Although Wood has long been seen as a strong supporter of Palantir’s data-driven software platform, this latest move suggests a cautious adjustment amid rising valuations in AI stocks. Palantir Technologies (NASDAQ: PLTR) has been one of investors’ favorite artificial intelligence (AI) stocks during this tech boom — the stock has soared 2,400% over the past three years. This is as Palantir has reported outstanding revenue growth and spoken of ongoing high demand for its software platforms.The most bullish estimates for PLTR stock project it to reach $500 within the next few years. That would be almost 3x the current price, but that may not be enough for growth investors. At the same time, institutional investors are continuing to buy Palantir stock, which is likely to give it a higher floor.NASDAQ: PLTR The stock has added 150% in 2025, and most Wall Street analysts expect more gains in the coming months. Palantir’s median target price of $200 per share implies 6% upside from its current share price of $188.At its current value, Palantir Technologies (NASDAQ: PLTR), an artificial intelligence (AI) data analytics company, doesn’t look like it will join the trillion-dollar club in the near future. It’s worth $410 billion (as of this writing), meaning it would need to more than double.Palantir Technologies Inc. NASDAQ:PLTR) is one of the stocks Jim Cramer highlighted in light of the Fed rate cut. Cramer noted that the company “makes a lot of money,” as he remarked: “Now, I’d emphasize going after the ones that are already winning for this year.
What will Palantir be worth in 2030?
Analysts expect Palantir’s annual revenue growth to be 38. At this rate, its yearly sales would grow to $21 billion by 2030. If its P/S remains constant, Palantir’s market cap will be about $2 trillion. Palantir’s stock appears overvalued According to Yahoo! Finance, the average analyst has a $252 one-year price target on Nvidia’s stock, up from its price of $185 at this writing. That makes it a strong buy or buy for nearly every analyst that follows the stock. Palantir isn’t as favored.The stock has added 150% in 2025, and most Wall Street analysts expect more gains in the coming months. Palantir’s median target price of $200 per share implies 6% upside from its current share price of $188.
Why not buy Palantir?
Palantir generates about 55% of its revenue from government contracts, which include the U. S. Department of Defense (DoD). The concern here is twofold. First, it enhances the narrative that Palantir is a “black box” company. But second, it leads to concerns about future revenue. Since its founding in 2003, software company Palantir Technologies has built a $36 billion company. That’s in part due to the company’s longstanding relationship with the U. S.