Gain detailed insights into the trading activity of Congress members for Palantir Technologies on our government trades page. Stay updated on how elected officials are investing in PLTR.

Palantir Technologies - Government Trades

Palantir Technologies

Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.

Palantir32215763362_7f2339d8d2_k

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Palantir stock is up nearly 60% year-to-date largely driven by continued momentum surrounding the company&#39;s positioning in the AI space.

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US tech &amp; business leaders, inc. Palantir&#39;s co-founder, donated to a super PAC supporting Trump&#39;s presidential bid. Total raised: $8.7M since June.

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Mizuho analyst Matthew Broome downgraded Palantir from Neutral to Underperform on Tuesday and raised the price target from $21 to $22.

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Editor’s Note: The article has been updated with a reaction from Tesla CEO Elon Musk regarding the report of $45 million funding in former President Donald Trump’s election campaign.

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Palantir Technologies Inc. Class A Common Stock

Palantir Technologies Inc

Financial giants have made a conspicuous bullish move on Palantir Technologies. Our analysis of options history for Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) revealed 8 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $391,161, and 6 were calls, valued at $337,300.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $40.0 for Palantir Technologies during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Palantir Technologies's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Palantir Technologies's significant trades, within a strike price range of $25.0 to $40.0, over the past month.
<h3>Palantir Technologies Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722004261_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$9.75</td>
<td>$9.65</td>
<td>$9.75</td>
<td>$36.00</td>
<td>$239.8K</td>
<td>9</td>
<td>156</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$9.7</td>
<td>$9.65</td>
<td>$9.7</td>
<td>$36.00</td>
<td>$151.3K</td>
<td>9</td>
<td>156</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.2</td>
<td>$4.15</td>
<td>$4.15</td>
<td>$30.00</td>
<td>$124.5K</td>
<td>5.8K</td>
<td>303</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$0.42</td>
<td>$0.4</td>
<td>$0.42</td>
<td>$28.00</td>
<td>$63.1K</td>
<td>14.9K</td>
<td>2.7K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.25</td>
<td>$40.00</td>
<td>$42.5K</td>
<td>23.0K</td>
<td>303</td>
</tr>
</tbody>
</table>

<h3>About Palantir Technologies</h3>
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
After a thorough review of the options trading surrounding Palantir Technologies, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Palantir Technologies Standing Right Now?</h3>
<ul>
<li>With a trading volume of 7,386,589, the price of PLTR is up by 1.78%, reaching $27.11.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 10 days from now.</li>
</ul>
<h3>Expert Opinions on Palantir Technologies</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $22.0.
<ul>
<li>An analyst from Mizuho has revised its rating downward to Underperform, adjusting the price target to $22. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Palantir Technologies, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Unpacking the Latest Options Trading Trends in Palantir Technologies

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$115.00</td>
<td>$362.9K</td>
<td>19.2K</td>
<td>226.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$140.00</td>
<td>$54.7K</td>
<td>10.4K</td>
<td>87.2K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$230.00</td>
<td>$52.0K</td>
<td>48.3K</td>
<td>5.4K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$710.00</td>
<td>$57.6K</td>
<td>326</td>
<td>5.3K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$430.00</td>
<td>$62.1K</td>
<td>19.3K</td>
<td>2.0K</td>
</tr>
<tr>
<td>CRWD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$200.00</td>
<td>$32.7K</td>
<td>886</td>
<td>1.4K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$33.00</td>
<td>$87.6K</td>
<td>3.2K</td>
<td>823</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$130.00</td>
<td>$30.5K</td>
<td>363</td>
<td>747</td>
</tr>
<tr>
<td>ARM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$170.00</td>
<td>$47.6K</td>
<td>6.0K</td>
<td>580</td>
</tr>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$10.00</td>
<td>$26.0K</td>
<td>11.6K</td>
<td>555</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option trade that happens to be bullish, expiring in 1 day(s) on July 26, 2024. This event was a transfer of 1994 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $362.9K, with a price of $182.0 per contract. There were 19285 open contracts at this strike prior to today, and today 226173 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on July 26, 2024. Parties traded 393 contract(s) at a $140.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $54.7K, with a price of $140.0 per contract. There were 10425 open contracts at this strike prior to today, and today 87296 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bearish, expiring in 57 day(s) on September 20, 2024. This event was a transfer of 100 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $52.0K, with a price of $520.0 per contract. There were 48305 open contracts at this strike prior to today, and today 5490 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on July 26, 2024. Parties traded 50 contract(s) at a $710.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $57.6K, with a price of $1152.0 per contract. There were 326 open contracts at this strike prior to today, and today 5360 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with neutral sentiment. It expires in 57 day(s) on September 20, 2024. Parties traded 37 contract(s) at a $430.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $62.1K, with a price of $1675.0 per contract. There were 19316 open contracts at this strike prior to today, and today 2044 contract(s) were bought and sold. 
• Regarding CRWD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), we observe a put option trade with bullish sentiment. It expires in 148 day(s) on December 20, 2024. Parties traded 37 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $885.0 per contract. There were 886 open contracts at this strike prior to today, and today 1423 contract(s) were bought and sold. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a call option sweep that happens to be bearish, expiring in 85 day(s) on October 18, 2024. This event was a transfer of 756 contract(s) at a $33.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $87.6K, with a price of $116.0 per contract. There were 3202 open contracts at this strike prior to today, and today 823 contract(s) were bought and sold. 
• For SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we notice a call option trade that happens to be bearish, expiring in 8 day(s) on August 2, 2024. This event was a transfer of 65 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $470.0 per contract. There were 363 open contracts at this strike prior to today, and today 747 contract(s) were bought and sold. 
• Regarding ARM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on August 2, 2024. Parties traded 119 contract(s) at a $170.00 strike. This particular call needed to be split into 63 different trades to become filled. The total cost received by the writing party (or parties) was $47.6K, with a price of $400.0 per contract. There were 6022 open contracts at this strike prior to today, and today 580 contract(s) were bought and sold. 
• Regarding IREN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>), we observe a call option trade with bullish sentiment. It expires in 113 day(s) on November 15, 2024. Parties traded 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $260.0 per contract. There were 11680 open contracts at this strike prior to today, and today 555 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CRWD

IREN

MSFT

SMCI

SNOW

10 Information Technology Stocks Whale Activity In Today's Session

Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are trading lower Wednesday amid overall tech weakness following Alphabet Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) <a href="https://www.benzinga.com/news/earnings/24/07/39917921/alphabet-q2-earnings-revenue-beat-eps-beat-innovation-at-every-layer-of-the-ai-stack-and-more">quarterly earnings results</a>.
What Happened With GOOG: Google parent Alphabet said second-quarter revenue increased 14% year-over-year, driven by ongoing strength in Search and momentum in Cloud. The tech giant reported revenue of $84.742 billion, beating the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $84.202 billion, and earnings of $1.89 per share, beating analyst estimates of $1.85 per share, but shares moved lower.
<ul>
<li>Google Search revenue was $48.509 billion in the second quarter.</li>
<li>Google Advertising revenue was $64.616 billion.</li>
<li>YouTube advertising revenue came in at $8.663 billion.</li>
<li>Google Cloud revenue totaled $10.347 billion.</li>
</ul>
&#8220;We are innovating at every layer of the AI stack. Our longstanding infrastructure leadership and in-house research teams position us well as technology evolves and as we pursue the many opportunities ahead,&#8221; said&nbsp;Sundar Pichai, CEO of Alphabet.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39938868/google-analysts-see-upside-for-alphabet-stock-following-q2-earnings-as-generative-a">Google Analysts See Upside For Alphabet Stock Following Q2 Earnings As Generative AI Drives Accelerated Search Growth</a>
Why It Matters: Palantir shares are selling off Wednesday following recent strength. The stock made a series of new 52-week highs in recent weeks as software and AI continued to be strong themes for the market.
The AI data company&#8217;s stock is up nearly 60% year-to-date largely driven by continued momentum surrounding the company's positioning in the AI space. Palantir stock remains below the highs it set in early 2021, despite a strong start to 2024.
Palantir will report second-quarter financial results on Aug. 5. <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a> estimates earnings of 8 cents per share and revenue of $652.141 million.
In the first quarter, Palantir beat analyst estimates as revenue grew 21% year-over-year. The company also delivered its sixth consecutive quarter of GAAP profitability. Palantir guided for second-quarter revenue of $649 million to $653 million and full-year revenue of $2.677 billion to $2.689 billion.
Last week, Wedbush analyst&nbsp;Dan Ives set a new <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39836711/palantir-stock-up-over-60-this-year-but-analyst-says-the-story-remains-very-underva">bull-case price target of $50</a> on Palantir shares, noting that the Palantir story "remains very undervalued and misunderstood by the Street."
"With AI spending taking up more spending in IT budgets as more organizations learn how to properly implement this tech,&nbsp;we believe the Messi of AI Palantir is in a prime spot&nbsp;to continue expanding its pipeline as the company provides more use cases," Ives said in a note on Thursday.
PLTR Price Action: Palantir shares were down 6.86% at $26.84 at the time of publication, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
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</ul>
Photo: <a href="https://www.flickr.com/photos/doctorow/">Cory Doctorow</a> from Flickr.

What's Going On With Palantir Stock Wednesday?

CDNS

DDOG

ESTC

SHOP

SNPS

TEAM

Shares of companies in the software sector are trading lower amid overall tech weakness following quarterly earnings from Alphabet.

Deep-pocketed investors have adopted a bullish approach towards Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PLTR usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 29 extraordinary options activities for Palantir Technologies. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 68% leaning bullish and 31% bearish. Among these notable options, 6 are puts, totaling $575,170, and 23 are calls, amounting to $1,156,746.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $40.0 for Palantir Technologies over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Palantir Technologies's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Palantir Technologies's whale activity within a strike price range from $15.0 to $40.0 in the last 30 days. 
<h3>Palantir Technologies Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721767592_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$2.3</td>
<td>$2.27</td>
<td>$2.27</td>
<td>$22.00</td>
<td>$227.0K</td>
<td>5.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$2.18</td>
<td>$2.13</td>
<td>$2.19</td>
<td>$27.00</td>
<td>$218.5K</td>
<td>5.7K</td>
<td>4.2K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$1.15</td>
<td>$1.14</td>
<td>$1.14</td>
<td>$27.00</td>
<td>$111.5K</td>
<td>7.6K</td>
<td>1.1K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.2</td>
<td>$14.05</td>
<td>$14.05</td>
<td>$40.00</td>
<td>$109.5K</td>
<td>652</td>
<td>79</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$0.66</td>
<td>$0.65</td>
<td>$0.66</td>
<td>$29.00</td>
<td>$68.7K</td>
<td>17.2K</td>
<td>40.9K</td>
</tr>
</tbody>
</table>

<h3>About Palantir Technologies</h3>
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
After a thorough review of the options trading surrounding Palantir Technologies, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Palantir Technologies</h3>
<ul>
<li>With a volume of 30,150,016, the price of PLTR is up 1.37% at $28.85. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 13 days.</li>
</ul>
<h3>Professional Analyst Ratings for Palantir Technologies</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $22.0.
<ul>
<li>An analyst from Mizuho downgraded its action to Underperform with a price target of $22. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Palantir Technologies with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

A Closer Look at Palantir Technologies's Options Market Dynamics

MSP Recovery, Inc.&nbsp;d/b/a LifeWallet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIFW#NASDAQ">LIFW</a>) ("LifeWallet"&nbsp;or&nbsp;"the Company") announces a new comprehensive settlement with&nbsp;another group of&nbsp;affiliated&nbsp;P&amp;C&nbsp;insurers doing business&nbsp;in&nbsp;multiple&nbsp;states. This most recent settlement is in addition to two previously announced settlements within the past five months with multiple property and casualty insurers ("P&amp;C insurers") that have paved the way for the discovery and potential recovery of improperly paid claims on the part of Medicare Payers, that should have been paid by primary payers.1 These improper payments affect the Medicare Trust Fund. As described by a federal appellate judge, when Secondary Payers "recover efficiently from Primary Payers, the Medicare Trust Fund does achieve cost savings."2
This latest settlement offers a going-forward process to collaboratively and timely resolve future claims and share important historical data that is expected to enhance LifeWallet's claims reconciliation capabilities, identifying claims owned by LifeWallet that it may have a right to recover on, benefiting Medicare plans and downstream entities across the mainland U.S. and Puerto Rico.
Details of the settlement include:
<ul>
<li>The P&amp;C Insurers' agreement to provide ten years of historical data (identifying all claims processed from January 1, 2014, through the effective date)&nbsp;and data sharing of future claims,&nbsp;extending out for one year, assisting LifeWallet in reconciling its current and future assigned Medicare claims to be able to collect on owned claims that are owed as a result of failure to pay or reimburse;</li>
<li>The P&amp;C Insurers'&nbsp;Implementation of LifeWallet's coordination of benefits clearinghouse solution;&nbsp;</li>
<li>A 10-year agreement to resolve cooperatively, or through binding mediation, relevant Medicare claims (liens) that LifeWallet owns today and in the future;&nbsp;</li>
<li>The P&amp;C Insurers' agreement that they are primary payers for any unreimbursed Medicare lien that LifeWallet identifies from data sharing, and the P&amp;C Insurers' agreement to assign all rights to collect against other third parties that either failed to pay liens or collected twice from Medicare funds and the P&amp;C Insurers; and</li>
<li>A cash payment from the P&amp;C Insurers to LifeWallet to settle existing historical claims (amount subject to confidentiality).</li>
</ul>

Contracts

Legal

LIFW

LifeWallet Announces New Comprehensive Settlement With A Group of Affiliated Property & Casualty Insurers And Completion Of First Version Of Co's Clearinghouse System Through Its Exclusive Healthcare Partnership With Palantir Technologies; Includes A Cash Payment From The P&C Insurers To LifeWallet To Settle Existing Historical Claims, No Financial Terms Disclosed

In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) in relation to its major competitors in the Software industry. By closely examining crucial financial metrics, market position, and growth prospects, we aim to offer valuable insights for investors and shed light on company's performance within the industry.
<h3>Palantir Technologies Background</h3>
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Palantir Technologies Inc</td>
<td>238.17</td>
<td>16.86</td>
<td>28.70</td>
<td>2.91%</td>
<td>$0.09</td>
<td>$0.52</td>
<td>20.78%</td>
</tr>
<tr>
<td>Adobe Inc</td>
<td>49.59</td>
<td>16.46</td>
<td>12.31</td>
<td>10.38%</td>
<td>$2.19</td>
<td>$4.71</td>
<td>10.24%</td>
</tr>
<tr>
<td>Salesforce Inc</td>
<td>44.54</td>
<td>4.02</td>
<td>6.81</td>
<td>2.57%</td>
<td>$2.6</td>
<td>$6.97</td>
<td>10.74%</td>
</tr>
<tr>
<td>SAP SE</td>
<td>89.25</td>
<td>4.88</td>
<td>6.70</td>
<td>-1.92%</td>
<td>$-0.42</td>
<td>$5.76</td>
<td>8.06%</td>
</tr>
<tr>
<td>Intuit Inc</td>
<td>58.83</td>
<td>9.49</td>
<td>11.42</td>
<td>13.4%</td>
<td>$3.34</td>
<td>$5.67</td>
<td>11.95%</td>
</tr>
<tr>
<td>Synopsys Inc</td>
<td>61.41</td>
<td>12.06</td>
<td>13.87</td>
<td>4.23%</td>
<td>$0.41</td>
<td>$1.15</td>
<td>15.2%</td>
</tr>
<tr>
<td>Cadence Design Systems Inc</td>
<td>72.90</td>
<td>21.38</td>
<td>18.73</td>
<td>7.1%</td>
<td>$0.36</td>
<td>$0.88</td>
<td>-1.23%</td>
</tr>
<tr>
<td>Roper Technologies Inc</td>
<td>41.65</td>
<td>3.41</td>
<td>9.56</td>
<td>2.17%</td>
<td>$0.73</td>
<td>$1.18</td>
<td>14.36%</td>
</tr>
<tr>
<td>Workday Inc</td>
<td>40.55</td>
<td>7.40</td>
<td>8.04</td>
<td>1.32%</td>
<td>$0.23</td>
<td>$1.5</td>
<td>18.17%</td>
</tr>
<tr>
<td>Autodesk Inc</td>
<td>52.71</td>
<td>24.18</td>
<td>9.29</td>
<td>12.55%</td>
<td>$0.34</td>
<td>$1.28</td>
<td>11.66%</td>
</tr>
<tr>
<td>Datadog Inc</td>
<td>350.09</td>
<td>18.08</td>
<td>18.95</td>
<td>2.02%</td>
<td>$0.06</td>
<td>$0.5</td>
<td>26.89%</td>
</tr>
<tr>
<td>Ansys Inc</td>
<td>63.16</td>
<td>5.08</td>
<td>12.35</td>
<td>0.64%</td>
<td>$0.09</td>
<td>$0.4</td>
<td>-8.41%</td>
</tr>
<tr>
<td>AppLovin Corp</td>
<td>49.28</td>
<td>35.40</td>
<td>8.04</td>
<td>23.28%</td>
<td>$0.45</td>
<td>$0.76</td>
<td>47.9%</td>
</tr>
<tr>
<td>Tyler Technologies Inc</td>
<td>118.90</td>
<td>7.36</td>
<td>11.30</td>
<td>1.82%</td>
<td>$0.11</td>
<td>$0.22</td>
<td>8.58%</td>
</tr>
<tr>
<td>PTC Inc</td>
<td>73.61</td>
<td>7.16</td>
<td>9.42</td>
<td>3.98%</td>
<td>$0.21</td>
<td>$0.49</td>
<td>11.23%</td>
</tr>
<tr>
<td>Zoom Video Communications Inc</td>
<td>21.72</td>
<td>2.19</td>
<td>4.02</td>
<td>2.65%</td>
<td>$0.23</td>
<td>$0.87</td>
<td>3.25%</td>
</tr>
<tr>
<td>Bentley Systems Inc</td>
<td>44.88</td>
<td>15.60</td>
<td>12.90</td>
<td>7.74%</td>
<td>$0.12</td>
<td>$0.28</td>
<td>7.43%</td>
</tr>
<tr>
<td>Manhattan Associates Inc</td>
<td>71.43</td>
<td>56.17</td>
<td>14.21</td>
<td>20.78%</td>
<td>$0.06</td>
<td>$0.14</td>
<td>15.18%</td>
</tr>
<tr>
<td>Dynatrace Inc</td>
<td>84.65</td>
<td>6.51</td>
<td>9.21</td>
<td>1.93%</td>
<td>$0.04</td>
<td>$0.31</td>
<td>21.11%</td>
</tr>
<tr>
<td>Average</td>
<td>77.18</td>
<td>14.27</td>
<td>10.95</td>
<td>6.48%</td>
<td>$0.62</td>
<td>$1.84</td>
<td>12.91%</td>
</tr>
</tbody>
</table>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
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 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style>By thoroughly analyzing Palantir Technologies, we can discern the following trends: 
<ul>
<li>
Notably, the current Price to Earnings ratio for this stock, 238.17, is 3.09x above the industry norm, reflecting a higher valuation relative to the industry.
</li>
<li>
The elevated Price to Book ratio of 16.86 relative to the industry average by 1.18x suggests company might be overvalued based on its book value.
</li>
<li>
The stock's relatively high Price to Sales ratio of 28.7, surpassing the industry average by 2.62x, may indicate an aspect of overvaluation in terms of sales performance.
</li>
<li>
With a Return on Equity (ROE) of 2.91% that is 3.57% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.
</li>
<li>
Compared to its industry, the company has lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $90 Million, which is 0.15x below the industry average, potentially indicating lower profitability or financial challenges.
</li>
<li>
The gross profit of $520 Million is 0.28x below that of its industry, suggesting potential lower revenue after accounting for production costs.
</li>
<li>
The company's revenue growth of 20.78% is notably higher compared to the industry average of 12.91%, showcasing exceptional sales performance and strong demand for its products or services.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721660440_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio measures the financial leverage of a company by evaluating its debt relative to its equity.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
When assessing Palantir Technologies against its top 4 peers using the Debt-to-Equity ratio, the following comparisons can be made:
<ul>
<li>
Compared to its top 4 peers, Palantir Technologies has a stronger financial position indicated by its lower debt-to-equity ratio of 0.06.
</li>
<li>
This suggests that the company relies less on debt financing and has a more favorable balance between debt and equity, which can be seen as a positive attribute by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
The high PE, PB, and PS ratios of Palantir Technologies suggest that the company is currently trading at a premium compared to its peers in the Software industry. However, the low ROE, EBITDA, and gross profit indicate that the company may not be efficiently utilizing its resources to generate profits. On the other hand, the high revenue growth rate implies that Palantir Technologies is experiencing strong top-line growth compared to its industry counterparts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Industry Comparison: Evaluating Palantir Technologies Against Competitors In Software Industry

The appointment of <a href="https://www.benzinga.com/general/politics/24/07/39849457/trump-vp-pick-j-d-vance-praises-elon-musk-a-throwback-to-an-older-generation-of-american-entrepr">J.D. Vance as Donald Trump's running mate and vice-presidential nominee</a> came as a surprise for most within and without the political establishment.
The Ohio-born, former Marine and self-described hillbilly was an unknown figure to most but was well-known in Silicon Valley, where he was close to billionaire Peter Thiel.
It was Vance's ties to the Silicon Valley elite, and especially his mentor-potégé relationship with Thiel, that reportedly fueled his rise to power within the GOP.
<h1 class="wp-block-heading">Lord Of The Rings, Peter Thiel and a Key Meeting with Trump</h1>
Like Trump, Vance rose to power as a political outsider. He's currently serving his first term as senator, gaining his first public office position in 2022.
After the nomination became public, Vance's eclectic personality sparked curiosity. The nominee is <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39799850/5-things-you-might-not-know-about-j-d-vance-hillbilly-elegy-author-bitcoin-holder-first-mi">a best-selling author, a Bitcoin enthusiast and a venture capitalist</a>.
Even less known is the fact that Vance is an avid fan of &#8220;The Lord Of The Rings,&#8221; the classic novel by J.R.R. Tolkien which helped shape the medieval fantasy genre throughout the first half of the 20th century.
Vance has expressed his fascination with Tolkien and &#8220;The Lord Of The Rings&#8221; in several media appearances. During a podcast interview in 2021, Vance said that Tolkien was his favorite author.
"A lot of my conservative worldview was influenced by Tolkien growing up," said Vance in a conversation with Rep. Jim Banks (R-Ind.), <a href="https://www.politico.com/news/magazine/2024/07/19/lord-of-the-rings-jd-vance-00169372">quoted</a> by Politico.
Tolkien was a British philologist and writer who developed the concepts, characters and stories behind &#8220;The Hobbit&#8221; and &#8220;The Lord Of The Rings&#8221; saga, which consists of three books. Tolkien wrote the most famous books of the saga during the 1930s and 1940s, but spent most of his life developing the history, lore and fictional languages of Middle-Earth, the fictional world where the novels take place.
Tolkien had a massive influence on other fantasy writers throughout the 20th century and his work experienced a revival in the early 2000s when director Peter Jackson adapted &#8220;The Lord Of The Rings&#8221; novels into a three-part film series produced by New Line Cinema, which is owned by Warner Bros Discovery Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>).
The movies were among the highest-grossing films of the decade and enjoyed wide popularity, particularly among young men. As a high school student at the time, Vance was probably influenced by the widespread fanaticism that the movies propelled.
Vance's appreciation of Tolkien's work became clear in 2019 when he named his venture capital firm Narya, which is the name of one of the "rings of power" that Gandalf, a main protagonist, wears in the story.
Perhaps it's not coincidental that Silicon Valley billionaire Peter Thiel, under whom Vance worked for years, also chose to take inspiration from Tolkien to name his enterprises.
Read Also: <a href="https://www.benzinga.com//node/39826475">Trump&#8217;s New Running Mate J.D. Vance Wants To Break Up Google: Could 2024 Election Be Bad For Big Tech?</a>
Vance worked for Mithril Capital, Thiel's venture capital firm between 2015 and 2017. In Tolkien's books, Mithril is a fictional metal that looks like silver but is lighter and stronger than steel. Thiel's software enterprise, Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) is also named after a &#8220;The Lord Of The Rings&#8221; artifact. In Tolkien&#8217;s legendarium, a "Palantir" is an indestructible crystal ball with magical properties.
Anduril Industries, Thiel's defense startup, is named for "Andúril," the fictional sword that the character Aragorn wielded.
According to Forbes, it was Thiel who in 2021 invited Vance to join him at Mar-A-Lago, where they both met Trump, <a href="https://www.nytimes.com/2024/07/16/us/politics/trump-vance-vp-decision.html?smid=nytcore-ios-share&amp;referringSource=articleShare&amp;sgrp=c-cb">according</a> to the New York Times. It was reportedly in this meeting when Vance began to soften up to Trump's views, <a href="https://www.benzinga.com/news/24/07/39792034/a-month-before-trump-picked-jd-vance-as-his-running-mate-gop-lawmaker-shared-how-a-comment-from-top">after having described himself as a "never Trumper."</a>
Thiel broke ties with many of his Silicon Valley peers when he became one of Trump&#8217;s largest donors during the 2016 presidential campaign. Thiel has also donated to a PAC that handled Vance's Senate campaign in 2022.
According to Politico, Vance's fanaticism with the Tolkien narratives helps to explain his worldview and political vision. In the books, a relentless and adamant form of evil crystallized in the antagonistic dark lord Sauron threatens to destroy all life in Middle-Earth until a group of underdog heroes band together to defeat it.
The existence of an unnuanced form of evil that needs to be dominated is also within the core beliefs of many sectors within Catholicism, the religion to which Vance converted in 2019.
According to Politico, Vance said in 2021 he believes, "The devil is real and that he works terrible things in our society."
Now Read: 
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<li><a href="https://www.benzinga.com//node/39811211">As &#8216;Billionaire Boys&#8217; Go All In For Trump, Anthony Scaramucci Has Word Of Caution: &#8216;Tonic They Are Prescribing Will Be Bad For America And The World&#8217;</a></li>
</ul>
Photo: Shutterstock

Billionaire Peter Thiel, VP Nominee JD Vance Have More Than Trump In Common: They're Both Really Into Hobbits

On Thursday, major U.S. stock indices were down, with the Dow Jones Industrial Average dropping nearly 1.3% to 40,665.03, the S&amp;P 500 falling almost 0.8% to 5,544.59, and the Nasdaq decreasing 0.7% to 17,871.22.
Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)
Palantir&#8217;s shares rose by 1.49% to close at $28.64, with an intraday high of $29.83 and a low of $28.15. The stock&#8217;s 52-week high is $29.83, while the low is $13.68. This rebound came amid a general improvement in tech stocks sentiment, with Wedbush analyst Daniel Ives announcing a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39836711/palantir-stock-up-over-60-this-year-but-analyst-says-the-story-remains-very-underva">new bull-case price target</a> of $50 for the stock. 
Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)
Netflix&#8217;s shares dipped by 0.68% to close at $643.04, despite reporting a 16.8% year-over-year increase in second-quarter revenue. The intraday high and low were $657.04 and $639.17, respectively. The 52-week high stands at $697.49, with a low of $344.73. Netflix reported strong <a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game">second-quarter financial results</a>, with revenue and earnings per share exceeding expectations and significant growth in paid memberships.
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/07/39690898/no-more-getting-high-on-hemp-in-america-multiple-states-begin-intoxicating-hemp-crackdown?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">No More Getting High On Hemp In America? Multiple States Begin Intoxicating Hemp Crackdown</a>
Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>)
Domino&#8217;s shares fell sharply by 13.57% to $409.04 after reporting <a href="https://www.benzinga.com/news/24/07/39845014/why-dominos-pizza-shares-are-trading-lower-by-over-11-here-are-other-stocks-moving-in-thursdays-mid">mixed quarterly results</a>. The stock&#8217;s intraday high and low were $434.98 and $406.16, respectively. The 52-week high is $542.75, while the low is $330.05. The company reported mixed quarterly results, with second-quarter FY24 sales growth of 7.1% year-over-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion, and announced a temporary suspension of its guidance metric for global net store growth.
Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>)
Eli Lilly&#8217;s stock dropped by 6.26% to close at $848.90. The intraday high was $909.87, and the low was $836.66. The 52-week high and low are $966.1 and $446.56, respectively. The drop might be due to potential continued weakness after <a href="https://www.benzinga.com/news/24/07/39844030/whats-going-on-with-eli-lilly-and-company-shares-thursday">recent weight loss data</a> from Roche. 
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares increased slightly by 0.29% to close at $249.23. The intraday high and low were $257.14 and $247.2, respectively. The 52-week high is $299.29, and the low is $138.8. The rise comes despite concerns that a second term for Republican nominee Donald Trump could <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39833163/trump-vance-administration-will-be-terrible-for-tesla-says-bear-elon-musk-has-compl">negatively impact</a> the electric-vehicle giant. 
Photo by WHYFRAME on Shutterstock
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Palantir, Netflix, Domino's Pizza, Eli Lilly, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Deep-pocketed investors have adopted a bearish approach towards Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PLTR usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 36 extraordinary options activities for Palantir Technologies. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 44% leaning bullish and 47% bearish. Among these notable options, 15 are puts, totaling $791,259, and 21 are calls, amounting to $2,016,848.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $41.0 for Palantir Technologies during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Palantir Technologies stands at 8063.19, with a total volume reaching 132,295.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Palantir Technologies, situated within the strike price corridor from $10.0 to $41.0, throughout the last 30 days.
<h3>Palantir Technologies Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721328393_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$5.25</td>
<td>$5.2</td>
<td>$5.2</td>
<td>$25.00</td>
<td>$1.0M</td>
<td>13.1K</td>
<td>8.1K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.05</td>
<td>$2.97</td>
<td>$3.05</td>
<td>$35.00</td>
<td>$183.0K</td>
<td>18.6K</td>
<td>852</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.9</td>
<td>$12.8</td>
<td>$12.8</td>
<td>$41.00</td>
<td>$153.6K</td>
<td>43</td>
<td>1</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$3.95</td>
<td>$3.9</td>
<td>$3.95</td>
<td>$30.00</td>
<td>$103.8K</td>
<td>718</td>
<td>27</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$5.75</td>
<td>$5.7</td>
<td>$5.7</td>
<td>$25.00</td>
<td>$87.2K</td>
<td>13.1K</td>
<td>7.5K</td>
</tr>
</tbody>
</table>

<h3>About Palantir Technologies</h3>
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
After a thorough review of the options trading surrounding Palantir Technologies, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Palantir Technologies</h3>
<ul>
<li>Trading volume stands at 62,708,551, with PLTR's price up by 1.29%, positioned at $28.59.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 18 days.</li>
</ul>
<h3>What The Experts Say On Palantir Technologies</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $21.0.
<ul>
<li>Reflecting concerns, an analyst from Mizuho lowers its rating to Underperform with a new price target of $22.</li>
<li>Reflecting concerns, an analyst from Monness, Crespi, Hardt lowers its rating to Sell with a new price target of $20.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Palantir Technologies with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Palantir Technologies's Options: A Look at What the Big Money is Thinking

Palantir shares are trading higher after Wedbush maintained an Outperform rating on the stock and announced a new bull case of $50 per share.

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares rose moderately in Thursday&#8217;s <a href="https://www.benzinga.com/premarket">premarket trading, </a>reversing some of the 1.57% decline seen in the previous session. 
The rebound came amid a general improvement in risk sentiment toward tech stocks after Wednesday&#8217;s drubbing. Wedbush analyst Daniel Ives, a Palantir bull, on Thursday announced a new bull-case price target of $50 for the stock. The analyst maintained an Outperform rating and a $35 price target.
Palantir has been a major focus over the past year, with expanding use cases for its marquee products leading to a large partner ecosystem, said Ives in the note. He noted that demand has been rising rapidly across both commercial and government organizations.
&#8220;With AI spending taking up more spending in IT budgets as more organizations learn how to properly implement this tech, <a href="https://www.benzinga.com/markets/equities/24/05/39104004/palantir-is-the-messi-of-artificial-intelligence-says-dan-ives-most-underestimated-ai-play">we believe the Messi of AI Palantir is in a prime spot </a>to continue expanding its pipeline as the company provides more use cases,&#8221; he said, adding that the Palantir story &#8220;remains very undervalued and misunderstood by the Street.&#8221;
Palantir is scheduled to report its second-quarter results after the market closes on Aug. 5. Analysts, on average, expect the company to report earnings of 8 cents per share, up from the year-ago&#8217;s 5 cents per share, and revenue of $652.14, representing an estimated 22.4% growth.
In premarket trading, Palantir rose 0.57% to $28.38, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data. </a>The stock is up over 64% year-to-date.
See Also: <a href="https://www.benzinga.com/money/best-artificial-intelligence-stocks">Best Artificial Intelligence Stocks</a>
Photo via Shutterstock

Palantir Stock Up Over 60% This Year, But Analyst Says The Story Remains 'Very Undervalued And Misunderstood By The Street'

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$115.00</td>
<td>$30.7K</td>
<td>104.2K</td>
<td>175.2K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/26/24</td>
<td>$227.50</td>
<td>$31.0K</td>
<td>3.0K</td>
<td>3.5K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$440.00</td>
<td>$63.8K</td>
<td>6.5K</td>
<td>3.4K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$820.00</td>
<td>$27.4K</td>
<td>2.2K</td>
<td>2.8K</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$160.00</td>
<td>$53.0K</td>
<td>7.5K</td>
<td>2.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$28.00</td>
<td>$26.2K</td>
<td>1.6K</td>
<td>645</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$120.00</td>
<td>$38.5K</td>
<td>369</td>
<td>510</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$450.00</td>
<td>$51.3K</td>
<td>28</td>
<td>462</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$15.50</td>
<td>$51.9K</td>
<td>2.2K</td>
<td>426</td>
</tr>
<tr>
<td>TEAM</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$150.00</td>
<td>$25.2K</td>
<td>144</td>
<td>362</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on July 19, 2024. This event was a transfer of 250 contract(s) at a $115.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $123.0 per contract. There were 104274 open contracts at this strike prior to today, and today 175269 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option sweep that happens to be neutral, expiring in 9 day(s) on July 26, 2024. This event was a transfer of 100 contract(s) at a $227.50 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 3086 open contracts at this strike prior to today, and today 3579 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on July 19, 2024. Parties traded 130 contract(s) at a $440.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $63.8K, with a price of $492.0 per contract. There were 6518 open contracts at this strike prior to today, and today 3436 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option trade with bullish sentiment. It expires in 2 day(s) on July 19, 2024. Parties traded 13 contract(s) at a $820.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $2110.0 per contract. There were 2237 open contracts at this strike prior to today, and today 2878 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a put option sweep that happens to be bearish, expiring in 30 day(s) on August 16, 2024. This event was a transfer of 68 contract(s) at a $160.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $53.0K, with a price of $780.0 per contract. There were 7515 open contracts at this strike prior to today, and today 2051 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a put option sweep with bullish sentiment. It expires in 65 day(s) on September 20, 2024. Parties traded 100 contract(s) at a $28.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $262.0 per contract. There were 1671 open contracts at this strike prior to today, and today 645 contract(s) were bought and sold. 
• Regarding DELL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), we observe a call option trade with bullish sentiment. It expires in 93 day(s) on October 18, 2024. Parties traded 24 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $38.5K, with a price of $1606.0 per contract. There were 369 open contracts at this strike prior to today, and today 510 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option trade with bullish sentiment. It expires in 520 day(s) on December 19, 2025. Parties traded 9 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $51.3K, with a price of $5700.0 per contract. There were 28 open contracts at this strike prior to today, and today 462 contract(s) were bought and sold. 
• For CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on July 19, 2024. This event was a transfer of 175 contract(s) at a $15.50 strike. The total cost received by the writing party (or parties) was $51.9K, with a price of $297.0 per contract. There were 2284 open contracts at this strike prior to today, and today 426 contract(s) were bought and sold. 
• Regarding TEAM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>), we observe a put option trade with neutral sentiment. It expires in 65 day(s) on September 20, 2024. Parties traded 70 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $360.0 per contract. There were 144 open contracts at this strike prior to today, and today 362 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AVGO

CLSK

DELL

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are trading lower in the morning session on Wednesday.
According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>, PLTR stock has gained 74% in the past six months. However, the latest downfall comes after Mizuho analyst Matthew Broome downgraded Palantir from <a href="https://www.benzinga.com/analyst-stock-ratings" target="_blank" rel="noreferrer noopener">Neutral to Underperform</a> but raised the<a href="https://www.benzinga.com/news/24/07/39792880/whats-going-on-with-palantir-stock-tuesday" target="_blank" rel="noreferrer noopener"> price target from $21 to $22.</a>
Investors can gain exposure to the stock via&nbsp;REX AI Equity Premium Income ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIPI#NASDAQ">AIPI</a>) and&nbsp;Global X Funds Global X Defense Tech ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHLD#NYSE">SHLD</a>).
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39698169/is-palantir-stock-the-most-underrated-ai-exposed-play-in-the-market" rel="noreferrer noopener">Is Palantir Stock The &#8216;Most Underrated AI-Exposed Play In The Market&#8217;?</a>
Palantir&#8217;s results for its second quarter ended June 30, 2024 will be released on Monday, August 5, 2024, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b39781111/palantir-announces-date-of-second-quarter-2024-earnings-release-and-webcast" rel="noreferrer noopener">following the close of U.S. markets.&nbsp;</a>
Palantir recently guided for second-quarter revenue of $649 million to $653 million and full-year revenue of $2.677 billion to $2.689 billion.
<h2 class="wp-block-heading">Is PLTR A Good Stock To Buy?</h2>
Wall Street analysts view Palantir Technologies on the whole as a Neutral, given the history of coverage over the past three months. Rishi Jaluria from RBC Capital in Palantir Technologies is the most optimistic, expecting a 80.0% rise in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past 3 months, Palantir Technologies rose 33.84%, which indicates that opinion improved on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 20.78% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
Price Action: PLTR shares are trading lower by 0.88% to $28.42 at last check Wednesday.
Image via Shutterstock
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What's Going On With Palantir Technologies Shares Today?

U.S. technology and business leaders, including Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) co-founder Joe Lonsdale, venture capital pioneer Doug Leone, and the Winklevoss twins, have donated to a new super-political action committee supporting Donald Trump&#8217;s presidential bid.
America PAC has raised more than $8.7 million since its launch in June, the Financial Times <a target="_blank" href="https://www.ft.com/content/c1aeef78-590f-4f65-97ff-40f96106254a" rel="noreferrer noopener">cites</a> from a public filing.
Several $1 million donations came from Silicon Valley investors who have recently publicly supported Trump.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/07/39787824/as-trumps-chances-of-presidency-improve-analysts-say-his-return-to-white-house-could-boost-these-3-s" rel="noreferrer noopener">As Trump&#8217;s Chances Of Presidency Improve, Analysts Say His Return To White House Could Boost These 3 Sectors</a>
The donors include Sequoia partner Shaun Maguire, Valor Equity Partners founder Antonio Gracias, Doug Leone, and Joe Lonsdale.
The Winklevoss twins, Cameron and Tyler Winklevoss, each contributed $250,000. Additionally, coal titan Joe Craft, CEO of Alliance Resource Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARLP#NASDAQ">ARLP</a>), and Jimmy John Liautaud, founder of the Jimmy John&#8217;s sandwich chain, made $1 million in donations.
One person with direct knowledge of the super PAC mentioned that Elon Musk plans to commit $45 million a month, <a target="_blank" href="https://t.co/khhwZ6eli6" rel="noreferrer noopener">WSJ report says</a>.
However, Elon Musk &#8216;denied&#8217; the report, although not directly but via a meme posted on his social media platform X.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> <a href="https://t.co/RJdF7MWeEi">pic.twitter.com/RJdF7MWeEi</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1813097084595163643?ref_src=twsrc%5Etfw">July 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Traditionally considered a liberal stronghold, Silicon Valley has seen some tech leaders shift politically to the right, driven by dissatisfaction with President Joe Biden&#8217;s policies on regulation and taxes.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photos by Frederic Legrand &#8211; COMEO on Shutterstock

Musk Could Join Some Silicon Valley Moguls in Funding Trump's Presidential Bid: Report

NVDADJTTSLAAMZNAAPLWAYMETALOTJDPLTRData from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment " title="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment ">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment </a>
<ul>
<li>NVDA</li>
<li>DJT</li>
<li>TSLA</li>
<li>AMZN</li>
<li>AAPL</li>
<li>WAY</li>
<li>META</li>
<li>LOT</li>
<li>JD</li>
<li>PLTR</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

AMZN

Top 10 Trending Stocks On WallStreetBets As Of July 16 2024 (Via Swaggy Stocks)

Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares are trading lower Tuesday after the AI software stock was <a href="https://www.benzinga.com/analyst-stock-ratings">downgraded by Mizuho</a>.
What Happened: Mizuho analyst Matthew Broome downgraded Palantir from <a href="https://www.benzinga.com/analyst-stock-ratings">Neutral to Underperform</a> on Tuesday but raised the price target from $21 to $22.
The downgrade comes as Palantir shares are up more than 65% year-to-date largely driven by continued momentum surrounding the company&#8217;s&nbsp;positioning in the AI space. Despite the strong start to the year, Palantir stock is still below the highs it set in early 2021.
After the market close on Monday, Palantir scheduled its second-quarter financial results for Aug. 5. The company is expected to report earnings of 8 cents per share and revenue of $652.141 million, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
Last quarter, Palantir beat analyst estimates as revenue grew 21% year-over-year and delivered its sixth consecutive quarter of GAAP profitability. Palantir guided for second-quarter revenue of $649 million to $653 million and full-year revenue of $2.677 billion to $2.689 billion.
Despite beating estimates and raising its full-year guidance, the stock traded lower. It has since recovered and has hit a series of new 52-week highs in recent sessions as software and AI continue to be strong themes for the market.
Check This Out: <a href="https://www.benzinga.com/news/24/07/39784950/elon-musk-to-pour-45m-monthly-in-pro-trump-super-pac-joined-by-palantirs-joe-lonsdale-winklevoss-twi">Elon Musk Reacts With &#8216;Fake Gnus&#8217; Post To Report Of $45M Monthly Funding For Pro-Trump PAC</a>&nbsp;
PLTR Price Action: Palantir shares were down 1.88% at $28.13 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

What's Going On With Palantir Stock Tuesday?

In the latest quarter, 9 analysts provided ratings for Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Palantir Technologies, presenting an average target of $23.0, a high estimate of $35.00, and a low estimate of $9.00. This current average reflects an increase of 12.58% from the previous average price target of $20.43. 
<img src="https://www.benzinga.com/files/images/story/2024/1721131255_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Palantir Technologies among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matthew Broome</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Underperform</td>
<td>$22.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Brian White</td>
<td>Monness, Crespi, Hardt</td>
<td>Announces</td>
<td>Sell</td>
<td>$20.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Bonner</td>
<td>Argus Research</td>
<td>Announces</td>
<td>Buy</td>
<td>$29.00</td>
<td>-</td>
</tr>
<tr>
<td>Stephen Bersey</td>
<td>HSBC</td>
<td>Raises</td>
<td>Hold</td>
<td>$23.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Underperform</td>
<td>$9.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Brad Zelnick</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Sell</td>
<td>$20.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$35.00</td>
<td>$35.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Palantir Technologies. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Palantir Technologies compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Palantir Technologies's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Palantir Technologies's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PLTR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Palantir Technologies analyst ratings.</a>
<h2>Discovering Palantir Technologies: A Closer Look</h2>
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
<h3>Understanding the Numbers: Palantir Technologies's Finances</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Palantir Technologies's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 20.78%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Palantir Technologies's net margin is impressive, surpassing industry averages. With a net margin of 16.64%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Palantir Technologies's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.91%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Palantir Technologies's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.26%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.
<h2>How Are Analyst Ratings Determined?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Palantir Technologies Through 9 Analysts

Palantir Technologies shares are trading lower after Mizuho downgraded the stock from Neutral to Underperform.

Mizuho analyst Matthew Broome downgrades Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) from Neutral to Underperform and raises the price target from $21 to $22.

Mizuho Downgrades Palantir Technologies to Underperform, Raises Price Target to $22

Palantir Is Expensive For A Reason

Tech sell-off likely to be 'short-lived' as AI, cloud helps power earnings: Wedbush

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Uncovering the best game-changing stocks to buy is a true holy grail for achieving considerable financial returns while investing. Here are three standout companies ready to shift the valuation landscape. Understanding their fundamental strengths may lead to sharp and strategic investment decisions.



To begin with, the first company on the list is experiencing high top-line growth. Its solid performance in the U.S. commercial and government sectors fuels this. Meanwhile, the second maintains a consistent upward trajectory. This&nbsp;is through its diversified business strategy and improved operational edge. Finally, the third company holds massive subscriber growth and retention, Its personalized subscriptions boost user engagement and satisfaction.



In short, these companies share critical fundamentals: steady top-line growth, diversified revenue streams, and solid market demand. These attributes make them compelling stocks to buy. For seasoned investors or those just starting, these top stocks present promising opportunities to boost investment portfolios and hit high returns.



<h2>Palantir Technologies (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/pltr1600-4-300x169.png" alt="Palantir (PLTR) company logo on the screen of smartphone"><div>Source: Mamun sheikh K / Shutterstock.com</div></div>Palantir Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) specializes in big data analytics. The company had a sharp revenue of&nbsp;<a href="https://investors.palantir.com/news-details/2024/Palantir-Reports-Revenue-Growth-of-21-Year-Over-Year-and-Sixth-Consecutive-Quarter-of-GAAP-Profitability-GAAP-EPS-of-0.04-in-Q1-2024/" target="_blank">$634 million in the first quarter</a>,&nbsp;reflecting a 21% year-over-year increase. This high growth was driven by the solid performance in its U.S. commercial and government segments. U.S. commercial revenue reached<a href="https://investors.palantir.com/news-details/2024/Palantir-Reports-Revenue-Growth-of-21-Year-Over-Year-and-Sixth-Consecutive-Quarter-of-GAAP-Profitability-GAAP-EPS-of-0.04-in-Q1-2024/" target="_blank">&nbsp;$150 million</a>, up 40% from a year ago. The rise was even more remarkable when revenue from key commercial contracts&nbsp;was excluded, coming in at 68% growth.&nbsp;This&nbsp;indicates a high demand for Palantir&rsquo;s products in the commercial market.



Moreover, U.S. government revenue grew by 12% from a year ago, amounting to&nbsp;<a href="https://finance.yahoo.com/news/palantir-technologies-inc-nyse-pltr-152320024.html" target="_blank">$257 million</a>. Indeed, this stable growth reflects the increasing reliance of government entities on Palantir&rsquo;s solutions. This&nbsp;is&nbsp;particularly&nbsp;true in&nbsp;critical areas like defense and healthcare.



Palantir also say 16% growth in the last year in international commercial revenue. The commercial segment&nbsp;grew by 27%. Hence, this&nbsp;highlights the broad-based demand for Palantir&rsquo;s solutions across industries.



To sum up, Palantir&rsquo;s solid top-line growth and increasing demand in critical sectors make it a high mark among game-changing stocks.



<h2>SoFi Technologies (SOFI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/sofi1600-3-300x169.png" alt="SoFi logo sign on headquarters facade. Social Finance is an online personal finance company."><div>Source: Michael Vi / Shutterstock.com</div></div>SoFi Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/sofi-stock-quote/">SOFI</a>) offers loans, banking, and investment products in a digital ecosystem. In the first quarter, SoFi attained an adjusted net revenue of&nbsp;<a href="https://s27.q4cdn.com/749715820/files/doc_financials/2024/q1/Q1-2024-Earnings-Release-6.pdf" target="_blank">$581 million</a>, up 26% from a year ago). This&nbsp;marks the 12th consecutive quarter with top-line growth exceeding 25%.



The persistent growth reflects the company&rsquo;s edge in scaling its operations. This&nbsp;also&nbsp;indicates&nbsp;the company&rsquo;s solid fundamentals in monetizing its diversified products.



Adjusted EBITDA reached&nbsp;<a href="https://s27.q4cdn.com/749715820/files/doc_financials/2024/q1/SOFI-Q1-2024-Earnings-Call-Transcript.pdf" target="_blank">$144 million</a>, up 91% from a year ago. With that, the EBITDA margin grew, rising from 16% in 2023 to 25% in the first quarter of 2024. This high EBITDA growth and the margin expansion indicate an operational edge and uplifted profitability.&nbsp;



Further, the increasing contribution from its Financial Services and Technology Platforms sectors marks SoFi&rsquo;s business diversification strategy. These segments&nbsp;<a href="https://s27.q4cdn.com/749715820/files/doc_financials/2024/q1/Q1-2024-Earnings-Release-6.pdf" target="_blank">generated 42%</a>&nbsp;of adjusted net sales in the first quarter of 2024, up from 33% in Q1 2023 and 40% consecutively. By targeting a 50/50 revenue mix by 2024, SoFi demonstrates its inclination to hit balanced growth across its segments.



SoFi&rsquo;s constant top-line growth and strategic segment diversification make it a sharp pick on the game-changing stocks list.



<h2>Hims&nbsp;&amp; Hers Health (HIMS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/hims-stock-1-300x169.jpg" alt="The logo for Hims &amp; Hers (HIMS) displayed on a smartphone screen."><div>Source: Lori Butcher / Shutterstock.com</div></div>Hims &amp; Hers Health (NYSE:<a href="https://investorplace.com/stock-quotes/hims-stock-quote/">HIMS</a>) provides telehealth and personalized healthcare solutions. Quarter over quarter, Hims &amp; Hers attracted 172,000 new customers in Q1 2024. <a href="https://investors.hims.com/news/news-details/2024/Hims--Hers-Health-Inc.-Reports-First-Quarter-2024-Financial-Results/default.aspx" target="_blank">At almost 1.7 million</a>, it represents a 41% increase from a year ago.



Over 600,000 users choose tailored subscriptions, almost double the number of subscribers over the previous year. This&nbsp;amounts to almost 35% of the total number of subscribers. The move to more individualized subscriptions is significant since it indicates increased consumer satisfaction and involvement.



Additionally, the high increase in subscribers, especially those opting for personalized plans, suggests a solid product-market fit and a high retention rate. This&nbsp;boosts the company&rsquo;s revenue predictability and lifetime value per customer. Hims &amp; Hers had a top-line increase of<a href="https://investors.hims.com/news/news-details/2024/Hims--Hers-Health-Inc.-Reports-First-Quarter-2024-Financial-Results/default.aspx" target="_blank">&nbsp;46% from a year ago</a>, with revenues hitting $278 million in the first quarter. The company generated $32 million in adjusted EBITDA and attained a net income of&nbsp;<a href="https://s27.q4cdn.com/787306631/files/doc_financials/2024/q1/CORRECTED-TRANSCRIPT_-Hims-Hers-Health-Inc-HIMS-US-Q1-2024-Earnings-Call-6-May-2024-5_00-PM-ET.pdf" target="_blank">$11.1 million</a>,&nbsp;up from a net loss of $10.1 million in Q1 2023.



Overall, Hims &amp; Hers&rsquo; considerable subscriber growth, high retention rates, solid revenue, and profitability make it a game-changing stock.



As of this writing, Yiannis Zourmpanos held long positions in PLTR and SOFI. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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Palantir's Stock Is Priced For Perfection

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Palantir Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) has seen a significant increase in its stock price in 2024 driven by optimism around its potential in the artificial intelligence (AI) sector. The AI-powered data analytics company has captured investor attention with its innovative solutions and expanding client base.



Palantir helps businesses and governments worldwide to integrate and manage their data. The company&rsquo;s new AI offerings have boosted revenue and profits, as it sees continued growth in both commercial and government markets.



However, the stock appears priced for perfection, suggesting caution for potential buyers in the near term. PLTR stock has surged 55% year-to-date, significantly outpacing the Nasdaq 100 index&rsquo;s 13% gain. On July 18, it reached an all-time high, closing at $29.83. Currently, it is trading slightly below $27, representing a decline of approximately 11% since then.



In this article, we will discuss Palantir&rsquo;s recent valuation metrics, financial performance and growth drivers. Investors can then decide if they also agree that although PLTR stock is a long-term buy, it&rsquo;d be prudent to wait before pulling the trigger. 



<h2>Valuation Concerns For Palantir Stock</h2>



A closer look at valuation metrics shows that Palantir&rsquo;s <a href="https://www.cnbc.com/quotes/PLTR">forward price-to-earnings</a> (P/E) and trailing price-to-sales (P/S) ratios are 87x and 25.4x, respectively. These numbers, as well as several other valuation metrics, are quite high compared to <a href="https://www.investing.com/pro/NYSE:PLTR">industry peers</a>. In other words, PLTR stock is trading at a substantial premium.



In terms of Wall&nbsp;Street forecasts, Palantir has an overall &ldquo;neutral&rdquo; rating among 19 analysts. Furthermore, the <a href="https://www.investing.com/equities/palantir-technologies-inc-consensus-estimates">12-month median price target</a> of $22.06 indicates a 17% potential downside from current levels. Thus, many analysts believe the stock may be overvalued at its current price.



The high valuation metrics and subdued analyst outlook warrant investor caution, as they highlight little room for error. Investors might want to hold off on purchasing PLTR stock and consider waiting for a more attractive entry point. A potential disappointment in growth or profitability could lead to significant downside risk.



<h2>Why PLTR Should Be on Your Watchlist</h2>



Despite the short-term risks to the PLTR stock price, Palantir has significant long-term potential. The company is well-positioned to benefit from the accelerating adoption of AI, given its increasing experience and innovative steps in the field.&nbsp;In April 2023, Palantir launched its <a href="https://www.palantir.com/newsroom/letters/our-new-platform/" target="_blank">Artificial Intelligence Platform (AIP)</a>, which helps customers detect patterns and gain valuable insights from unstructured data. Increased urgency of investing in AI solutions has created robust demand for Palantir&rsquo;s AIP solution, boosting both revenue and bottom-line profits.



On May 5, Palantir released <a href="https://investors.palantir.com/news-details/2024/Palantir-Reports-Revenue-Growth-of-21-Year-Over-Year-and-Sixth-Consecutive-Quarter-of-GAAP-Profitability-GAAP-EPS-of-0.04-in-Q1-2024/">robust first quarter 2024 metrics</a>. Revenue grew 21% year-over-year (YOY) to $634 million, driven by a 27% increase in commercial revenue. The acceleration in the U.S. government business also contributed to topline growth with a 16% YOY increase in government revenue. Palantir reported its sixth consecutive quarter of GAAP profitability. GAAP EPS increased to 4 cents from 1 cent in the prior-year quarter, while adjusted EPS rose to 8 cents from 5 cents a year ago.



As companies increasingly invest in AI capabilities, Palantir should continue to grow in both commercial and government markets. The company is making its AIP open-source, which could further pave the way for its mass adoption. Additionally, there are substantial switching costs for customers who employ Palantir&rsquo;s products in critical functions, suggesting that recurring revenue is likely to remain high. Meanwhile, Palantir continues to roll out boot camp programs for prospective customers, which have helped compress sales cycles for its products and services.



While a reduction in AI spending could directly impact Palantir&rsquo;s sales, this is not a likely scenario within the next year. Given booming AI spending across various industries, the company is likely to expand its customers base.



<h2>The Bottom Line: Adding Palantir Stock to Portfolios</h2>



In conclusion, Palantir&rsquo;s long-term growth prospects remain promising thanks to strong demand for its AIP platform and robust commercial revenue growth. The company boasts plenty of catalysts to continue powering its rally. Therefore, PLTR stock could be a great investment for long-term investors, if they can handle short-term volatility.



However, despite the bullish AI narrative, we would choose not to get too carried away by PLTR stock at this juncture. It may be wise to wait for a more attractive entry point to initiate a long position in PLTR. For instance, a target buy price of around or even below $25 would offer a better risk/reward opportunity for long-term Palantir bulls.



On the date of publication, Tezcan Gecgil did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Tezcan Gecgil, PhD, began contributing to InvestorPlace in 2018. She brings over 20 years of experience in the U.S. and U.K. and has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Publicly, she has contributed to <a href="https://www.investing.com/">investing.com</a> and the U.K. website of <a href="https://www.fool.com/">The Motley Fool.</a></div><h3>More From InvestorPlace</h3>
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Want to Go Long Palantir Stock? Why Potential PLTR Investors Should Wait.

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Measuring a company&rsquo;s fair value, especially for overhyped stocks, is more difficult than it seems at first glance. It has to account for future growth, and that growth has to have a valid basis. But even if that is accounted for, it is difficult to price in market irrationality alongside speculation.



Both price-to-earnings (P/E) and enterprise value-to-earnings before interest, taxes, depreciation and amortization (EV/EBITDA) are often affected by the latter. A high P/E ratio is commonly found in high-<a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a>, given that the ratio measures an investor&rsquo;s willingness to pay above each earnings dollar.&nbsp;&nbsp;



In contrast, EV/EBITDA ratio considers enterprise value as a company&rsquo;s market cap plus debt, divided by earnings before interest, taxes, depreciation, and amortization. The latter gauges a company&rsquo;s operating performance without the burdens of debt and regulation.



<h2>Adobe (ADBE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/adbe-1600-1-300x169.png" alt="Adobe logo on the smartphone screen is placed on the Apple macbook keyboard on red desk background. ADBE stock."><div>Source: Tattoboo / Shutterstock</div></div>At a P/E of 49.1, and EV/EBITDA of 32.3, Adobe (NASDAQ:<a href="https://investorplace.com/stock-quotes/adbe-stock-quote/">ADBE</a>) owes its market standing and investor confidence to a cluster of moats. Having switched to a software as a service (SaaS) model, Adobe&rsquo;s Creative Cloud suite powers Photoshop, InDesign, Illustrator, Premiere, After Effects and others.



According to 6sense, these graphics management apps hold a 60% market share, creating a wide network effect moat. Another moat serving Adobe&rsquo;s favor is the switching cost to alternatives, as it takes time to learn how to use any app effectively.&nbsp;



Adobe began to drain this moat with a policy update that caused a severe backlash, eventually prompting the company to frame it as a misunderstanding. However, this incident, centered around using customer data to train AI models, highlighted the company&rsquo;s core weakness.



If Adobe is in a rush to train its AI model, leadership clearly sees that AI apps offer a pathway to low-barrier to entry at a cheaper price point. Apps like PowerDirector, CivitAi, or Ideogram may have lower fine-tuning control, but many smaller platforms are steadily impeding Adobe&rsquo;s growth.&nbsp;



While that doesn&rsquo;t mean that Adobe will go down any time soon, it paints the company as one of the overhyped stocks heading for a valuation plateau. At $539, ADBE stock is near its 52-week average of $542.97, far from the 52-week high of $638.25 per share.&nbsp;



<h2>Airbnb (ABNB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/abnb-stock-1-300x169.jpg" alt="A hand holds up the Airbnb (ABNB) logo outside a home in Estonia."><div>Source: AlesiaKan / Shutterstock.com</div></div>At a forward P/E of 34.1 and EV/EBITDA of 36.5, Airbnb (NASDAQ:<a href="https://investorplace.com/stock-quotes/abnb-stock-quote/">ABNB</a>) faces potential downturns. The company, part of the &ldquo;sharing economy,&rdquo; connects short-term lodging providers with guests.



In 2023, Airbnb saw an 18% year-over-year revenue growth to $9.9 billion and generated $4.8 billion in net income, up from $1.9 billion in 2022. Despite this, red flags exist. Internal ideological <a href="https://x.com/realpeteyb123/status/1815765197203624316" target="_blank">issues could hinder growth</a>, which is problematic for a business model easily replicated by competitors.



Moreover, the housing inventory is growing at the fastest rate since the 2007-2009 financial crisis, per June data from the National Association of Realtors (NAR). Additionally, U.S. consumer delinquency for FHA single-family loans is at a 16-year high, suggesting potential economic challenges for Airbnb.



These factors, combined with the ideological issues within the company, paint a bearish picture. Ideological self-sabotage could undermine Airbnb&rsquo;s stability. The stock is priced at $142, near its 52-week average of $143.35.&nbsp;



Year-to-date, ABNB shares have gained 10% in value, rising 24% above the 52-week low of $113.23 per share. If these negative trends materialize, Airbnb could face significant valuation declines, making it one of the top overhyped stocks going into 2025.



<h2>Palantir (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/pltr1600-6-300x169.png" alt="Palantir Technologies (PLTR) is a public American company that specializes in big data analytics."><div>Source: photosince / Shutterstock.com</div></div>At a P/E of 240.1 and EV/EBITDA of 172.5, Palantir Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) is a unique case of major overconfidence. Specializing in big data analytics, CEO <a href="https://www.youtube.com/watch?v=CNO8N1hHIvE" target="_blank">Alex Karp has claimed</a> the company prevented numerous terror attacks in Europe.&nbsp;



Founded by PayPal (NASDAQ:<a href="https://investorplace.com/stock-quotes/pypl-stock-quote/">PYPL</a>) co-founder Peter Thiel, Palantir&rsquo;s connections include securing a $178 million government contract from the U.S. Army to develop an AI-powered Tactical Intelligence Targeting Access Node ground station system.



In Q1 earnings, Palantir reported <a href="https://tokenist.com/palantir-stock-plunges-after-revised-guidance-falls-short-of-forecasts/" target="_blank">$105.5 million net income</a>, with U.S. commercial revenue growing 40% and customer count increasing 42% year-over-year. For 2024, Palantir raised revenue guidance to a range of $2.677 billion to $2.689 billion, up from $2.23 billion in 2023, reflecting a 17% year-over-year increase.



Despite these impressive metrics, Palantir&rsquo;s close ties to the political landscape and reliance on government contracts suggest a limited growth ceiling. The current stock price of $27 is well above the 52-week average of $20.11 and near its 52-week high of $29.83.



Nasdaq consensus, based on 15 analysts, puts the stock on &ldquo;hold.&rdquo; Although Palantir&rsquo;s government contracts and political connections create a strong moat, they do not justify the high valuation, making it one of the top overhyped stocks to avoid.



On the date of publication, Shane Neagle did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://protect-us.mimecast.com/s/XtC3C1wq33iErOvYSGOsXg?domain=investorplace.com/">Publishing Guidelines</a>.



On the date of publication, the responsible editor held a LONG position in PLTR.
<div>Shane Neagle is fascinated by the ways in which technology is poised to disrupt investing. He specializes in fundamental analysis and growth investing.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-overhyped-stocks-to-avoid-for-adramatic-fall/">3 Overhyped Stocks to Avoid for a Dramatic Fall</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Overhyped Stocks to Avoid for a Dramatic Fall

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
It&rsquo;s been a hot summer for much of the country, but it&rsquo;s getting frosty if you&rsquo;re in the technology sector. Traders are starting to rotate out of overvalued <a href="https://investorplace.com/industries/technology/">tech stocks</a> as they believe that lower interest rates may make some other sectors more attractive. &nbsp;



Does that mean the tech trade is over? It wouldn&rsquo;t seem so, but earnings season will be critical as traders pick winners and losers. Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) and Alphabet (NASDAQ:<a href="https://investorplace.com/stock-quotes/goog-stock-quote/">GOOG</a>, NASDAQ:<a href="https://investorplace.com/stock-quotes/googl-stock-quote/">GOOGL</a>) took down the entire tech sector even though, in the case of Alphabet, the report wasn&rsquo;t bad at all. &nbsp;



Such is the nature of sky-high expectations. Traders will accept a high valuation until they don&rsquo;t. If you&rsquo;re a long-term investor, that can present opportunities.&nbsp;If you believe in the stock&rsquo;s prospects, it&rsquo;s usually best just to ride out any short-term concerns. But if you&rsquo;re looking to profit from the rotation out of tech, here may be some overvalued tech stocks to consider selling. &nbsp;



<h2>Palantir (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/pltr1600-5-300x169.png" alt="In this photo illustration, the Palantir Technologies (PLTR) logo is displayed on a smartphone screen."><div>Source: rafapress / Shutterstock.com</div></div>The next wave of the artificial intelligence (AI) revolution will come from software. However, investors are waiting for the iPhone moment in AI. That is the application that shows every company why they need the services of a company like Palantir (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>). And if you&rsquo;re bullish on Palantir, that will be the moment investors understand that Palantir isn&rsquo;t one of many. It is unique unto itself. &nbsp;



PLTR stock is up 60% in 2024. Also, it trades at around 180x forward earnings. Dan Ives of Wedbush has called the company the Lionel Messi of AI. Other analysts believe the stock is <a href="https://investorplace.com/2024/07/3-ai-stocks-to-buy-before-q2-earnings/" target="_blank">priced for perfection</a> that is not attainable. &nbsp;



The price action around Palantir continues to be led by retail investors. Institutional investors largely missed the stock when it was trading below $10 and again when it was trading below $20. &nbsp;



Could some of the sour analyst calls be sour grapes? Perhaps, but it&rsquo;s just good to know that things could get choppy with PLTR stock. Palantir faces the privilege of expectations, and the burden that some of <a href="https://investorplace.com/2024/07/get-your-money-out-of-these-3-overhyped-stocks-by-2025/" target="_blank">those expectations may be unrealistic</a> in the short term. &nbsp;



<h2>Advanced Micro Devices (AMD)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/12/amd1600-1-300x169.png" alt="Advanced Micro Devices, Inc. (AMD) logo in the building at CNE in Toronto. AMD is an American semiconductor company."><div>Source: JHVEPhoto / Shutterstock.com</div></div>The chip sector has been volatile to say the least. Even a market darling like NVIDIA (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) is down approximately 15% from its closing price of $135.39 in June (it&rsquo;s still up 147% for the year). The issue comes down to supply and demand. And Advanced Micro Devices (NYSE:<a href="https://investorplace.com/stock-quotes/amd-stock-quote/">AMD</a>) is becoming the beneficiary. &nbsp;



But that hasn&rsquo;t been enough to get investors charged up. AMD stock is up just 1.6% in 2024, and it&rsquo;s down 6.5% in the 30 days ending July 24, 2024. What gives? This remains a NVIDIA story. As Louis Navallier noted, Advanced Micro Devices is still in the <a href="https://investorplace.com/market360/2024/07/amd-stock-navigating-short-term-bumps-ahead-of-long-term-potential/" target="_blank">early stages of its generative AI journey</a>. Its <a href="https://ir.amd.com/news-events/press-releases/detail/1206/amd-to-acquire-silo-ai-to-expand-enterprise-ai-solutions" target="_blank">recent acquisition of Silo AI</a> will help. ,



As I mentioned in the introduction, investors need to decouple what could be volatile, bearish short-term performance for AMD stock from the long-term story. The AI revolution is still in the early stages and companies are looking for alternatives to NVIDIA. AMD is one of those competitors, but at 59x forward earnings, it&rsquo;s rightly viewed as one of the overvalued tech stocks. 



<h2>Adobe (ADBE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/06/adbe1600-300x169.png" alt="Website of Adobe (ADBE) Firefly seen in an iPhone. In Mar 2023 Adobe announced the beta launch of its new generative AI model Firefly."><div>Source: Koshiro K / Shutterstock.com</div></div>Adobe (NASDAQ:<a href="https://investorplace.com/stock-quotes/adbe-stock-quote/">ADBE</a>) is down 10% in 2024, despite analysts&rsquo; estimates in the first two quarters. &nbsp;



The concern for investors is the <a href="https://investorplace.com/2024/07/3-overhyped-ai-stocks-the-smart-money-is-fleeing-fast/" target="_blank">unknown effect that generative AI</a> will have on the company&rsquo;s business. After all, the Adobe relied on being the go-to source in content creation software. But even though Adobe has <a href="https://investorplace.com/2024/07/if-you-can-only-buy-one-nasdaq-stock-in-july-it-better-be-one-of-these-3-names/" target="_blank">integrated AI into its content creation tools</a>, it&rsquo;s too early to tell if that will be enough to keep competitors away. &nbsp;



That may be how institutions feel. Institutional buying is quieting down. After two quarters where buyers doubled up sellers, the buying and selling is virtually even this quarter and pretty slow at that. And before you think that&rsquo;s a &ldquo;sell in May&rdquo; phenomenon, last year saw nearly $250 billion flow into ADBE stock. &nbsp;



Notably, Adobe stock sold off at the same level it did in March. That could suggest that the stock will be range-bound for the near future. &nbsp;



On the date of publication, Chris Markoch had a LONG position in PLTR. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.&nbsp;



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-high-flying-tech-stocks-facing-valuation-concerns/">3 High-Flying Tech Stocks Facing Valuation Concerns</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 High-Flying Tech Stocks Facing Valuation Concerns

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Following a series of historic events for the modern era, former President Donald Trump has never looked more likely to become president. This is especially relevant to investors in the broader artificial intelligence industry, who are waiting to see how the next administration will handle the regulation of AI. In the case of Trump, American <a href="https://investorplace.com/industries/technology/artificial-intelligence/">AI stocks</a> are likely to experience improved prospects as the former president has painted himself as pro-tech and in favor of looser regulations around AI development.



Considering how unpredictable AI development is in the current political climate a lighter regulatory environment for the technology could be a boon to investors. Moreover, Trump&rsquo;s echoes of an &ldquo;America First&rdquo; ideology likely mean that American AI stocks are likely to benefit the most from his policies should he return to the White House. As such, here are three AI stocks to keep an eye on heading into the November presidential election.



<h2>Palantir (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/pltr1600-3-300x169.png" alt="Palantir logo on the smartphone and the company share price on the day of opening the trade October 1, 2020. Palantir valued at $15.8bn in stock market debut. PLTR stock"><div>Source: Ascannio / Shutterstock.com</div></div>Co-founder of Palantir Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) has both <a href="https://www.foxbusiness.com/politics/trump-vance-campaign-eyes-peter-thiels-support-tech-billionaire-stays-mum">openly endorsed Trump</a> for president and is currently skeptical as to how valuable the AI industry is. Yet his company has still managed to experience rapid growth in recent years, expanding its customer base and delivering strong financial performance. The company&rsquo;s data-centric platform positions it as a potential beneficiary of the growing AI market.



PLTR&rsquo;s impressive revenue growth and increased customer acquisition underscore its <a href="https://www.forbes.com/sites/investor-hub/article/is-palantir-pltr-stock-attractive-ai-buy-ahead-earnings/">market traction</a>. However, the company operates in a highly competitive landscape, and its ability to sustain this growth trajectory will likely improve due to Trump&rsquo;s likely pro-American AI policies.



As such, thanks to Thiel and Trump&rsquo;s relationship, PLTR stock could see a generous bump following the next election. Thus, investors may want to follow the growing politicization of stock market leaders like Thiel as it could give clues as to what other companies will benefit following the election.



<h2>Microsoft (MSFT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/msft1600-2-300x169.png" alt="Wide angle view of a Microsoft sign at the headquarters for personal computer and cloud computing company, with office building in the background.. MSFT stock"><div>Source: VDB Photos / Shutterstock.com</div></div>As always, the recent global IT outage underscored that Microsoft (NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/">MSFT</a>) maintains a strong position in the technology industry thanks to its extensive domination of the consumer software market. Now its advances in AI are primarily driven by its strategic partnership with OpenAI. The company&rsquo;s potential to benefit from potential shifts in regulatory environments is a factor that investors may consider.



However, the rapidly evolving AI landscape presents both opportunities and challenges for Microsoft, particularly in the category of regulation. Should Trump <a href="https://www.washingtonpost.com/technology/2024/07/16/trump-ai-executive-order-regulations-military/">ease these regulations</a>, it&rsquo;s likely MSFT stock will have more room to grow on the rapid advancement of its AI products.



Thus, investors should closely monitor regulatory developments for insight into how another Trump presidency could accelerate the rate of AI development for American AI stocks. Ultimately, it&rsquo;s likely the broader market sections will be equally positive if Trump wins re-election.



<h2>Alphabet (GOOG, GOOGL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/alphabet_goog_googl_1600-300x169.png" alt="Alphabet Inc. (GOOG, GOOGL) and Google logos seen displayed on a smartphone"><div>Source: IgorGolovniov / Shutterstock.com</div></div>Something often not mentioned about AI regulation and training is an AI company&rsquo;s access to data. Interestingly, Alphabet (NASDAQ:<a href="https://investorplace.com/stock-quotes/goog-stock-quote/">GOOG</a>, NASDAQ:<a href="https://investorplace.com/stock-quotes/googl-stock-quote/">GOOGL</a>) possesses a vast amount of data, a critical asset in the AI race. While the company&rsquo;s Gemini AI project has not generated the same level of excitement as OpenAI&rsquo;s ChatGPT, its <a href="https://skill-lync.com/blogs/how-google-handles-over-40000-petabytes-of-data-on-a-daily-basis">data advantage</a> remains a significant strength.



One thing that may stand in the way of this advantage could be future regulations restricting Alphabet from effectively utilizing this data, which would impede its ability to grow its AI products. Yet, the next four years could be clear of such regulations should Trump return to the Oval Office.



Thus, Alphabet could be one of the American AI stocks that benefits the most from a looser regulatory stance from the government as it needs unfettered access to the data it collects through its search engines.



On the date of publication, Viktor Zarev&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.



On the&nbsp;date of publication, the responsible editor did not have (either&nbsp;directly or indirectly) any positions in the securities mentioned in this article.
<div>Viktor Zarev is a scientist, researcher, and writer specializing in explaining the complex world of technology stocks through dedication to accuracy and understanding.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-american-ai-stocks-to-buy-if-youre-betting-on-trump-2024/">3 American AI Stocks to Buy if You&#8217;re Betting on Trump 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 American AI Stocks to Buy if You're Betting on Trump 2024

Palantir Stock: I Misjudged The DoD Catalyst, Badly

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
While many have stated that former President Donald Trump&rsquo;s vice presidential pick in JD Vance was him doubling down to appeal to&nbsp;<a target="_blank" href="https://apnews.com/article/trump-vance-rnc-2024-67880a3003a69938aebd3ac8a586dc65">Rust Belt voters</a>, there might be a different angle&nbsp;as to&nbsp;why Trump selected Vance. That&rsquo;s because, for around five years, Vance was a venture capitalist, meaning his role as vice president could also result in pro-business and low regulation for tech companies.&nbsp;This&nbsp;means that artificial intelligence companies on the leading edge of the tech sector could see their AI innovation stocks soar following a win in November from Trump and Vance.



Moreover, Trump likely picked Vance to signal to the big investors in Silicon Valley that helping him get elected would lead to a technology and business boom.&nbsp;As such, both retail&nbsp;investors&nbsp;and institutional investors have&nbsp;a lot&nbsp;to gain in the case of the Trump-Vance ticket victory.&nbsp;Thus, here are three AI innovation stocks that will likely see a boost following a Republican&nbsp;win of the presidency.



<h2>Meta Platforms (META)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/meta1600-1-300x169.png" alt="In this photo illustration the Meta logo seen displayed on a smartphone and in the background the Facebook logo"><div>Source: rafapress / Shutterstock.com</div></div>When looking at&nbsp;Meta Platforms&rsquo;&nbsp;(NASDAQ:<a target="_blank" href="https://investorplace.com/stock-quotes/meta-stock-quote/">META</a>) predicted total business expense range of&nbsp;<a target="_blank" href="https://www.cnbc.com/2024/01/18/mark-zuckerberg-indicates-meta-is-spending-billions-on-nvidia-ai-chips.html">$94-99 billion for 2024</a>, the concept of innovation and research comes straight to the forefront. Unsurprisingly, a significant portion of these expenses come from its commitment to computing expansion as Meta&nbsp;begins to transition&nbsp;toward extensive AI investment.



More specifically, Meta is one of the leading companies that is researching and attempting to achieve artificial general intelligence.&nbsp;The reason for&nbsp;this innovation stems from the fact that this type of AI exceeds many of the functions of regular AI, which eats up far more computer processing. That processing eats up significant energy, which a Trump-Vance administration would aim to keep cheap.



Should the duo win the White House, they would also likely loosen data usage regulations or prevent them from going forward. Meta stock could see generous increases in the next four years.



<h2>Palantir (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/pltr1600-5-300x169.png" alt="In this photo illustration, the Palantir Technologies (PLTR) logo is displayed on a smartphone screen."><div>Source: rafapress / Shutterstock.com</div></div>Peter Thiel, Trump&nbsp;and&nbsp;Vance all have an interconnected relationship of funding, financial support&nbsp;and&nbsp;potentially&nbsp;<a target="_blank" href="https://www.latimes.com/opinion/story/2024-07-26/elon-musk-and-peter-thiel-backed-trump-and-vance-to-what-ends">even friendship</a>. As such,&nbsp;Palantir Technologies&nbsp;(NYSE:<a target="_blank" href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) sits poised for AI innovation perfection.&nbsp;This&nbsp;comes even despite the current analyst concerns that it may have hit a ceiling.



Considering the company&nbsp;was able to grow&nbsp;its customer base by 79% in just two years, a four-year period of gentle corporate taxes and limited regulation could send PLTR stock even higher. Moreover, the company was able to add over 220 new revenue sources&nbsp;at the same time. This commitment to growth could drive investor excitement as the company&nbsp;continues to become&nbsp;more relevant through increased contracts and revenue streams.



Ultimately, PLTR presents an attractive opportunity for investors, with its current price being quite accessible. I recommend considering PLTR as one of the top stocks to buy right now, primarily due to the significant data processing demands driven by the rapidly growing AI industry.



<h2>Fastly (FSLY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/07/fsly-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the Fastly (FSLY) website."><div>Source: Pavel Kapysh / Shutterstock.com</div></div>Last but not least&nbsp;among&nbsp;AI innovation stocks that could benefit from Trump is&nbsp;Fastly&nbsp;(NYSE:<a target="_blank" href="https://investorplace.com/stock-quotes/fsly-stock-quote/">FSLY</a>). The company focuses on edge computing for AI and other data processing applications. Its main product line is&nbsp;known as&nbsp;the&nbsp;<a target="_blank" href="https://www.fastly.com/">Edge Cloud Platform&nbsp;</a>which&nbsp;functions through a developed global server network strategically positioned closer to users than traditional data centers.



This proximity allows Fastly to offer reduced latency as data travels shorter distances, resulting in faster loading times and improved responsiveness.&nbsp;Consequently, the company&rsquo;s primary customers include&nbsp;providers in&nbsp;entertainment, e-commerce, and fintech.&nbsp;Fastly&rsquo;s edge computing can process substantial data at high speeds, supporting everything from financial calculations to high-definition streaming.



However, all of this innovation comes at a research and development cost&nbsp;as well as&nbsp;expensive energy expenditures.&nbsp;Thus, although Fastly has&nbsp;not&nbsp;consistently&nbsp;reported&nbsp;net income&nbsp;yet, its potential is&nbsp;strong.&nbsp;That&rsquo;s because if the Trump-Vance ticket wins, the company will likely face lower corporate taxes and lower energy costs, freeing up cash flow and improving its margins.



On the&nbsp;date of publication, Viktor Zarev&nbsp;did not have (either&nbsp;directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a target="_blank" href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the&nbsp;date of publication, the responsible editor did not have (either&nbsp;directly or indirectly) any positions in the securities mentioned in this article.&nbsp;
<div>Viktor Zarev is a scientist, researcher, and writer specializing in explaining the complex world of technology stocks through dedication to accuracy and understanding.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/07/3-ai-stocks-to-buy-as-trump-vance-ticket-promises-an-innovation-ramp/">3 AI Stocks to Buy as Trump-Vance Ticket Promises an Innovation Ramp</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 AI Stocks to Buy as Trump-Vance Ticket Promises an Innovation Ramp

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