PLTR premarket stock price has shown resilience, bouncing from overnight lows of $24.95 to $25. Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. One of the most notable analyst calls on May 6 th , Tuesday, was for Palantir Technologies. Wedbush analyst Daniel Ives raised the firm’s price target on the stock to $140 from $120 and kept an “Outperform” rating on the shares. Several analysts have raised their price targets on Palantir after it posted better-than-expected first-quarter results for 2025. Orford notes that Palantir has a number of growth drivers that are likely to lead to future gains. First and foremost is the companyâs AI Platform, which makes AI accessible for non-tech savvy individuals. The companyâs boot camps have gone a long way towards expanding adoption, shortening sales cycles and helping to drive commercial revenues. With PLTR premarket stock price noted at $25.38, the stock is outperforming broader software peers. Market chatter points to hedge funds rotating capital from semiconductors to AI-platform providers like Palantir.
