{
}
Palantir Technologies (PLTR) shares fell nearly 6% to $84.91 after Goldman Sachs analyst Gabriela Borges maintained a 'Neutral' rating with an $80 price target. While praising Palantir's AI Platform and ontology for their data integration capabilities, Borges expressed concerns over the company's high valuation and uncertainty regarding the simplification of custom AI processes.
Goldman Sachs has reiterated a Neutral rating for Palantir Technologies, maintaining a price target of $80 following a recent visit to the company's New York office. Despite Palantir's impressive gross profit margins and strong revenue growth, uncertainties regarding the simplification of custom AI workflows and high valuation metrics contribute to this cautious stance.Palantir is actively pursuing strategic partnerships, including collaborations with Everfox to enhance defense data solutions and R1 to establish an AI lab aimed at reducing healthcare costs. The company has also secured six new clients for its Warp Speed software, reinforcing its commitment to leveraging AI across various sectors.
Dave Glazer
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Palantir shares decline as Goldman Sachs maintains neutral rating and price target
Palantir Technologies Inc.
The Goldman Sachs Group, Inc.
USA
Dave Glazer
Ana Gabriela Borges
Cary Li
Anuraag Bahl
Show more
17:03 28.03.2025
Goldman Sachs maintains neutral rating on Palantir with $80 price target
United States Dollar
Palantir Technologies Inc.
USA
Ana Gabriela Borges
Dave Glazer
Donald Trump
Anuraag Bahl
Cary Li
Show more
11:10 28.03.2025
Trending
Subcategory
Corporate News
Industry Trends
Startups & Entrepreneurship
Global Trade Developments
Stock Market Updates
Supply Chain Management
Industry Mergers & Acquisitions
Retail and Consumer Goods
Fintech Startups
Private Equity Deals
Government Economic Policies
Venture Capital Investments
Inflation and Monetary Impact
CEO Changes
Central Bank Actions
Workplace Trends
Energy Sector Developments
Corporate Social Responsibility
Economic Indicators
Emerging Startups
Countries:
Companies:
Apple Inc.
Google Inc.
Grab2Go AS
OLA ELECTRIC MOBILITY LTD
EFG Hermes Egypt
Li Auto Inc.
NIO Inc.
Delhivery Limited
Ecom Express Ltd.
Tesla, Inc.
XPeng Inc.
Morgan Stanley
Nikkei 225
Nintendo Co., Ltd.
Goto Ltd
Volkswagen AG
Mizuho Financial Group, Inc.
Mitsubishi UFJ Financial Group, Inc.
Microsoft Corporation
CATLOKI USD
Currencies:
United States Dollar
Indian Rupee
Euro
Chinese Yuan
Japanese Yen
United Arab Emirates Dirham
Egyptian Pound
South Korean Won
Pakistani Rupee
Indonesian Rupiah
Saudi Riyal
Offshore Chinese Yuan
Hong Kong Dollar
New Taiwan Dollar
Qatari Riyal
Malaysian Ringgit
Filipino Peso
West African CFA Franc
Thai Baht
Mexican Peso
People: