The Latest Breaking News from Wedbush

Palantir stock has returned nearly 3,000% over the last three years and trades at a lofty valuation today, largely due to its stellar growth estimates.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Palantir soared to a new record-high analyst price target of $230 after its Q3 report showed 63% revenue growth and blockbuster U.S. commercial sales, but the stock trades well above its consensus target and over 450x forward earnings, so expectations are sky-high and volatility is elevated.

Pinterest Inc. (NYSE:PINS) reported mixed third-quarter results, with revenue outperforming expectations while earnings fell short of consensus estimates, signaling underlying challenges in the advertising landscape.

With Tesla Inc.'s (NASDAQ:TSLA) Nov. 6 annual shareholder meeting approaching, several prominent investors and industry leaders have voiced their support for Elon Musk's $1 trillion compensation plan, which has drawn sharp divisions between supporters and critics.

Amazon.com Inc (NASDAQ:AMZN) analysts are raising their price targets on the stock after the company beat revenue and earnings-per-share estimates in the third quarter and posted strong growth in the AWS cloud segment.

Meta Platforms (NASDAQ:META) raised its CapEx spending outlook after third-quarter financial results. Analysts are mixed on how the spending will help the company in the short- and long-term.

Google parent company Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) has Wall Street buzzing as its Q3 results shattered expectations and officially marked the company's first quarter clearing $100 billion in revenue. 

Microsoft Corporation (NASDAQ:MSFT) highlighted AI and cloud growth during its first-quarter financial results. Here's what analysts are saying about the quarter and what comes next.