Palantir's New Strategic Deal With Databricks Accelerates Adoption Of Autonomous GenAI Workflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2025
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Source: Benzinga
Partnership Announcement: Palantir Technologies has formed a strategic partnership with Databricks to integrate their AI platforms, enabling real-time autonomous workflows and secure access to GenAI and machine learning for joint customers across various sectors.
Additional Collaboration: Palantir also announced a deal with Archer Aviation to develop AI foundations for next-generation aviation technologies, while its stock experienced a slight decline in premarket trading.
Analyst Views on PLTU
Wall Street analysts forecast PLTU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLTU is USD with a low forecast of USD and a high forecast of 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.
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Current: 63.120
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Current: 63.120
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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.
