Short
Palantir Outlook
Sell target ~$34, re-evaluate again at ~$20, likely between spring and summer in 2025.
OpenAI is now going to be taking a share of defense contracts, a change of strategy for them that puts them up against Palantir.
On top of this Palantir is willing to limit earnings in the near term to pick up longer term corporate customers, but any sign of recession in 2025 will likely result in cancelled projects.
OpenAI is now going to be taking a share of defense contracts, a change of strategy for them that puts them up against Palantir.
On top of this Palantir is willing to limit earnings in the near term to pick up longer term corporate customers, but any sign of recession in 2025 will likely result in cancelled projects.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.