Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

NA removes three PTI leaders from key parliamentary posts

August 8, 2025

Trump removes IRS boss, Treasury Secretary Bessent takes over for now

August 8, 2025

PM condemns Israel’s plan to seize Gaza as illegal, illegitimate

August 8, 2025
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Palantir could be a trillion-dollar firm within 3 years, Dan Ives says
Trend

Palantir could be a trillion-dollar firm within 3 years, Dan Ives says

i2wtcBy i2wtcAugust 8, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Palantir is on its way to becoming a trillion-dollar company, according to prominent tech bull Dan Ives. The AI company’s stock has surged more than 140% since the beginning of the year. Earnings beats , lucrative military contracts and the firm’s CEO boasting about “crazy, efficient revolution” in terms of growing revenue while downsizing headcount, have all helped build buzz around the firm. The firm’s shares popped 7.85% on Tuesday, after it reported $1 billion quarterly revenues for the first time, way ahead of analyst expectations. Since then, the stock has extended its gains and was last seen 1% higher in pre-market trading. PLTR YTD line Palantir share price Speaking to CNBC’s “Squawk Box Europe” this week, Ives, who is global head of tech research at Wedbush Securities, outlined why he still sees huge upside ahead for the stock. Ives runs the Wedbush AI Revolution ETF, which counts Palantir among its top holdings. Labeling Palantir “the Messi of AI” — a reference to legendary Argentinian soccer star Lionel Messi — Ives said: “I believe this is going to be a trillion-dollar company in the next two to three years.” “There’s no company that has what they have when it comes to software and use cases, and I think they’re exploding across the board,” he explained. “And the government … they’re really going to take the lead when it comes to AI on the sovereign front, and that’s why they’re one of our top names, and again, I think a trillion-dollar [market cap] in the next two, three years.” Palantir currently has a market cap of around $432 billion, according to LSEG data. In a note on Tuesday, Ives raised his price target for Palantir from $160 to $200, citing “continued hyper growth demand for the company’s AI product suite.” If the stock achieves Wedbush’s new target price, it would mark a 9.8% premium on Thursday’s closing price. Earlier this week, Palantir CEO Alex Karp said the firm was “obliterating” the so-called “Rule of 40,” a key metric investors use to evaluate potential returns on tech stocks. The metric ranks businesses by evaluating revenue growth and margins, with a score over 40% considered good. According to Karp, Palantir’s score is 94%. Ives told CNBC on Wednesday that some investors already saw Palantir stock as overpriced, but warned that this approach could lead to missing out on the company’s growth trajectory. “If you focus just on valuation, you missed every transformational tech stock the last 20 years,” he said. “Many investors, they’ve hated [Palantir shares] at $20, despised it at $50, [been] screaming from the mountaintops at $100, $150, [but] they’re revolutionizing tech.” — CNBC’s Alex Harring contributed to this article.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Trend

How AI is boosting ad revenue

August 8, 2025
Trend

‘Willing to run the loss’ after GPT-5 launch

August 8, 2025
Trend

Using ETFs to help avoid hefty tax bills

August 8, 2025
Trend

Letting Silicon Valley dictate US AI policy will benefit China

August 8, 2025
Trend

AppLovin stock pops 11%. CEO sees benefits from Apple-Epic fallout

August 7, 2025
Trend

AWS giving federal agencies up to $1 billion in discounts

August 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

NA removes three PTI leaders from key parliamentary posts

August 8, 2025

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

NA removes three PTI leaders from key parliamentary posts

August 8, 2025

Trump removes IRS boss, Treasury Secretary Bessent takes over for now

August 8, 2025

PM condemns Israel’s plan to seize Gaza as illegal, illegitimate

August 8, 2025
Most Popular

Cooking oil scandal may lead China to tighten food safety policies, observers say

July 10, 2024

Could China’s ‘intelligent’ 6G trials point the way to next-generation technology?

July 13, 2024

Asia stocks mixed as China reports slowing growth in April-June

July 15, 2024
© 2025 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.