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Palantir Technologies (PLTR) has become the artificial intelligence (AI) stock that refuses to quit. The data analytics powerhouse surged over 145% year-to-date (YTD) through early November 2025, leaving the Magnificent Seven tech giants in the dust and cementing its position as one of the most electrifying growth stories on Wall Street.
Just hours before the company reported its third-quarter earnings yesterday, Nov. 4, Wedbush Securities analyst Daniel Ives sent shockwaves through the market by slapping a Street-high $230 price target on PLTR—calling it a potential "trillion-dollar company in the making" fueled by its Artificial Intelligence Platform (AIP) and unprecedented demand from both government and commercial sectors. This new target is now the highest on Wall Street, beating out Bank of America's previous Street high of $215.