Palantir and Rocket Lab: High-Potential Stocks for the Next Decade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Fool
- Palantir Growth Potential: Palantir Technologies (PLTR) shares surged 169% over the past year, with its AI platform enabling businesses to cut costs and accelerate workflows, reporting a 63% year-over-year revenue growth and an impressive 51% adjusted operating margin in Q3, showcasing strong market competitiveness.
- Record Contract Value: In Q3, Palantir secured a record $1.3 billion in total contract value with U.S. commercial customers, representing a 342% year-over-year increase, further solidifying its competitive position in the AI enterprise market and demonstrating robust market demand.
- Rocket Lab Industry Outlook: Rocket Lab (RKLB) shares increased by 271% over the past year, with Q3 revenue growing 48% year-over-year to $155 million; while not yet profitable, further revenue growth is expected to lead to profitability, positioning it as a leader in the AI-driven economy.
- Rocket Launch Capacity Enhancement: The upcoming Neutron rocket from Rocket Lab is designed to carry payloads of up to 28,700 pounds, significantly higher than the current Electron rocket, which is expected to drive revenue growth and accelerate the path to profitability, making it a potential source of returns for investors.
Analyst Views on PLTR
Wall Street analysts forecast PLTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLTR is 187.87 USD with a low forecast of 50.00 USD and a high forecast of 255.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
3 Buy
11 Hold
2 Sell
Hold
Current: 177.070
Low
50.00
Averages
187.87
High
255.00
Current: 177.070
Low
50.00
Averages
187.87
High
255.00
About PLTR
Palantir Technologies Inc. is engaged in building software to assist in counterterrorism investigations and operations. The Company has built four principal software platforms, including Palantir Gotham (Gotham), Palantir Foundry (Foundry), Palantir Apollo (Apollo), and Palantir Artificial Intelligence Platform (AIP). Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery of new features, security updates, and platform configurations, helping to ensure the continuous operation of critical systems. Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants. Foundry transforms the ways organizations operate by creating a central operating system for their data. AIP enables responsible artificial intelligence (AI)-advantage across the enterprise by using primary, core components built to effectively activate large language models and other AI within any organization.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
