Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Michael takes a macro-value-oriented approach to investment analysis and prides himself in being able to make investment recommendations based on cross-industry analysis.Analyst ...

A high valuation and geopolitical uncertainty have battered the stock.For several years, Palantir Technologies (PLTR 6.79%) seemed invincible. The stock rallied as much as 1,250% over the past two years before gravity took hold. Proposed spending cuts by the U.S. government and a high multiple weighed on Palantir stock, which is down roughly 30% (as of this writing) since its peak in mid-February.After a slump of those proportions, is it finally time to buy the stock?Has the tide turned?Palantir was riding ...

Palantir (PLTR 6.77%) stock rose nearly 7% in Wednesday's trading. The artificial intelligence (AI) software leader's share price was climbing following news that new 25% tariffs on automobiles imported from Mexico and Canada will be delayed a month. The tariffs could cause major pricing increases on vehicles in the U.S., and were viewed by some economists and industry experts as potentially having a destabilizing impact on the auto market.While the auto news doesn't impact Palantir directly, it was having ...

Core Viewpoint - Wall Street is becoming more optimistic about Palantir Technologies following a recent sell-off, with the stock experiencing a notable increase of up to 6.8% in a single day [1]. Group 1: Stock Performance - Palantir's stock had previously surged by as much as 1,250% over the last two years, reaching a peak last month, but has since declined by as much as 32% [2]. - The stock rebounded significantly, climbing 6% on a particular day, indicating renewed investor interest [1]. Group 2: Analyst Insights - Analyst Louie DiPalma from William Blair upgraded Palantir's stock from underperform to market perform, citing a significant sell-off driven by government efficiency concerns, which saw the stock drop from $125 to $84 [3]. - Despite acknowledging potential downside risks of over 40% due to government contract delays, DiPalma highlighted positive developments such as robust revenue growth and increasing operating margins, which he claims are the highest in the software sector [4]. - DiPalma admitted to underestimating Palantir's operating leverage and its ability to grow with minimal hiring [4]. Group 3: Valuation Metrics - Palantir's stock is currently trading at 160 times forward earnings and 56 times forward sales, indicating it is not cheap; however, its forward price/earnings-to-growth (PEG) ratio has recently declined to 0.8, suggesting it may be fairly valued [5]. - Given the recent stock decline and strong growth potential, there may be an opportunity for investors to consider Palantir [5].

Shares of Palantir Technologies (PLTR 4.40%) have had a wild start to 2025. After surging in value during January, Palantir shares experienced a sharp drop that started in mid-February. At one point, the stock was up by as much as 64% year to date, but it has given back most of those gains. As of this writing, Palantir shares are up 16% in 2025.However, Palantir's recent volatility doesn't change the fact that it has been one of the best-performing stocks in recent years. A bumpy -- but profitable -- roadAn ...

Shares of Palantir Technologies Inc (NASDAQ:PLTR) are up 2.1% in premarket trading, after an upgrade at William Blair to "market perform" from "underperform." The brokerage cited "positive developments" for the data analytics stock since a selloff in connection to the U.S. Department of Government Efficiency's (DOGE) layoffs.There's plenty of room for other analysts to strike a bullish tone. Coming into today, 16 of the 19 firms in question called the equity a tepid "hold" or worse. Short sellers are buildi ...

The sharp selloff in Palantir Technologies Inc. shares over recent weeks just prompted one former bear to abandon that stance. William Blair’s Louie DiPalma upgraded Palantir’s stock to market perform from underperform on Wednesday, following a roughly 30% decline over the past three weeks. The stock is up roughly 3% in Wednesday’s premarket action. ...

Palantir Stock Upgraded by Former Longtime Bear. What Changed His Mind. ...

Core Viewpoint - Palantir Technologies has experienced significant growth, with a 1,200% increase in stock price since 2023, outperforming Nvidia's 680% gains during the same period [1] Group 1: Stock Performance and Analyst Targets - The current consensus price target for Palantir is $74.79, which is below its peak of over $125 earlier this year [2] - Despite the low consensus target, six out of the ten most recent analyst price targets are above $100, indicating potential for a 17% upside from its current trading price of less than $85 [2][3] - Palantir's latest earnings report showed a 36% year-over-year growth in sales for Q4 2024, totaling $827.5 million, up from a 30% growth rate in the previous quarter [3] Group 2: Valuation Challenges - Palantir's stock is currently trading at approximately 436 times its trailing profits, making it one of the most expensive stocks in the tech sector [5][6] - The high valuation is driven by speculation and excitement around the company's growth prospects, complicating analysts' ability to set reasonable price targets [4][6] Group 3: Market Volatility - Palantir's shares have recently fallen by over 33% in less than two weeks, influenced by external factors such as Microsoft canceling AI data center leases [7] - The stock's volatility highlights the speculative nature of its valuation, suggesting that it could quickly lose gains as easily as it has made them [7][8]

Duquesne Family Office's billionaire chief sent shares of the two hottest AI stocks to the chopping block in favor of another high-profile company.Less than three weeks ago, the most important data release of the first quarter occurred -- and you might have missed it. Amid a flurry of earnings reports and economic data releases, Feb. 14 marked the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission.A 13 ...