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MarketBeat
MarketBeat
Business
Chris Markoch

Is Palantir Worth $250 or $1? Bulls and Burry Arrive at Opposite Conclusions

Palantir Michael Burry PLTR UBS United States DA Davidson Alex Karp MarketBeat

Palantir Technologies (NASDAQ: PLTR) recently received two fresh $250 price targets. It also has one famous short seller who thinks the stock is worth less than $1. Both camps are reading the same second-quarter report. They just reach opposite conclusions.

UBS analyst Karl Keirstead lifted his Palantir target to $250 from $220 on Sept. 15, keeping his Buy rating, after the company's Sept. 10 AIPCon11 event. DA Davidson had already moved to $250 from $200 while reaffirming its Buy, with the change following an AIPCon11 summit built around AI sovereignty themes.

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