Palantir’s AI Dominance: Daniel Ives Crowns PLTR the ’Messi of Artificial Intelligence’ Following Stellar Q3 Performance
Wall Street's AI darling just delivered another knockout quarter—and the analysts are losing their minds.
The AI Revolution's MVP
Daniel Ives didn't hold back when describing Palantir's latest results, comparing the controversial data analytics firm to soccer legend Lionel Messi. The Q3 numbers speak for themselves: revenue surging past expectations, government contracts stacking up, and commercial growth accelerating faster than a Tesla on Ludicrous mode.
Commercial business exploding 23% year-over-year while government revenue maintains its steady climb—this isn't just growth, it's domination. The kind that makes legacy tech companies look like they're still playing with abacuses.
Behind the Hype Machine
Palantir's secret sauce? Their AI Platform (AIP) is attracting enterprise clients like Bitcoin attracts libertarians. Major corporations are finally waking up to the reality that data isn't just something you collect—it's something you weaponize.
Meanwhile, the government side keeps chugging along like the federal printing press during election season. Defense contracts, intelligence agencies, homeland security—they all keep writing checks while the commercial division brings in the flashy new revenue.
The Street's Verdict: Believe the Hype?
Ives isn't just bullish—he's practically evangelizing. But then again, this is the same Wall Street that thought WeWork was worth $47 billion. The real test comes when the economic winds shift and companies start questioning whether they really need another seven-figure software subscription.
Palantir either represents the future of corporate intelligence or the most expensive PowerPoint presentation ever sold—and right now, the market's betting heavily on the former.
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Ives is a five-star analyst on TipRanks, ranking #323 out of 10,109 analysts tracked. He has a 56% success rate and an impressive average return per rating of 16.70%.
U.S. Commercial Business Fuels Growth
Ives highlighted the stellar growth in Palantir’s U.S. Commercial business, which contributed $397 million of the total $883 million in U.S. revenues. The company reported approximately $3.63 billion in remaining U.S. Commercial deal value, a 342% year-over-year increase. Ives believes that even $2.55 billion in this segment could help Palantir reach a $1 trillion market capitalization.
Ahead of the Q3 earnings release on November 3, Ives had raised his price target on PLTR from $200 to a new Street-high of $230, implying 11% upside potential. Ives, a long-time supporter of the company, still believes in Palantir’s growth, saying its Artificial Intelligence Platform (AIP) gives it a “trillion-dollar potential.”
Good Opportunity Despite Valuation Concerns
Ives attributed the healthy results to strong AI demand and accelerating growth path for the coming years. He added that if investors see any weakness, believing the best is already priced in, it’s a good opportunity to buy the stock.
Despite the solid beat-and-raise results, Palantir shares declined 7.1% in pre-market trading amid concerns over its high valuation. The stock has surged nearly 174% in 2025.
Is PLTR Stock a Good Buy?
Not all analysts share Ives’ enthusiasm for Palantir. On TipRanks, PLTR stock has a Hold consensus rating based on four Buys, 13 Holds, and two Sell ratings. The average Palantir price target of $154.88 implies 25.2% downside potential from current levels.
