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Aditya Raghunath

Palantir Achieved ‘Eye-Popping Growth’ and Is a Buy Through Year-End, According to Wedbush

Palantir Wedbush United States Dan Ives PLTR Alex Karp

Last week, Palantir Technologies (PLTR) delivered Q3 numbers that left Wall Street stunned, but investors still punished the stock. The data analytics and artificial intelligence software company posted what Wedbush analyst Dan Ives called eye-popping growth in Q3 that crushed Street estimates.

Yet shares tumbled the following day, sparking worries about an AI bubble and adding to nervousness in the tech sector. Despite the selloff, Ives remains bullish, predicting tech stocks will climb another 8% to 10% through year-end as the AI revolution gains momentum.

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