1 Artificial Intelligence (AI) Growth Stock With More Upside Than Palantir to Buy Now, According to Wall Street
Palantir Technologies (NYSE: PLTR) is a recognized leader among artificial intelligence (AI) and machine learning platform providers, and the company is leaning into that functionality. Palantir recently reworked its go-to-market strategy to drive adoption of its Artificial Intelligence Platform (AIP), a new product that brings support for generative AI to its existing data analytics platforms.
Management sees tremendous upside in AIP, as does Wedbush Securities analyst Dan Ives. In fact, Ives has called Palantir "the gold standard in AI," explaining that its ability to monetize AI on both the government and enterprise sides makes it the "best pure play" option in the space. And the market is no less bullish. Palantir stock rocketed about 150% higher over the past year.
However, Wall Street remains largely skeptical where Palantir is concerned. The stock has a consensus "sell" rating among analysts, and its median 12-month price target of $14.50 per share implies 10% downside from its current price. For comparison, Wall Street is quite bullish on a lesser known AI stock: (NYSE: HUBS).
Source Fool.com
