Wall Street Analyst Predicts 135% Surge for AI-Focused Palantir Technologies

Dan Ives of Wedbush Securities maintains an aggressively bullish stance on Palantir Technologies (PLTR), forecasting a potential $1 trillion valuation within three years. His track record lends credibility: After accurately predicting PLTR's rise to $25/share in February 2024, subsequent targets of $30, $35, $57, and $75 were all surpassed by late 2024. The current $200/share target implies 10% upside from $182, while the trillion-dollar projection suggests 135% growth from its $424 billion market cap.

Palantir's Gotham and Foundry platforms position it as a leader in commercial AI adoption. The company's government contracts and enterprise AI solutions create multiple growth vectors. "This is the gold standard in AI," Ives remarked, highlighting institutional confidence in Palantir's data integration capabilities. Annual gains of 33-54% WOULD be required to meet the trillion-dollar target—an ambitious but not unprecedented trajectory for dominant tech players.