Prediction: This Artificial Intelligence (AI) Data Center Stock Will Be Worth More Than Palantir by 2030
Palantir has emerged as one of the biggest winners in the software space thanks to demand for its artificial intelligence (AI) platforms.

Throughout 2025, technology stocks have been whipsawed by the latest news or rumors surrounding the economy, interest rates, and tariffs. One stock that has demonstrated a degree of immunity to these dynamics is data mining darling Palantir Technologies (NASDAQ: PLTR). With shares up 82% on the year, Palantir is the top-performing stock in the S&P 500 index so far this year.
While this level of momentum may cause trepidation among cautious investors, more bullish analysts, such as Dan Ives, see the rise of Palantir as an unstoppable force. In fact, Ives thinks Palantir is on its way to joining the trillion-dollar club before the end of the decade.
Personally, I am in a different camp. Right now, Palantir is trading at valuation multiples that are far higher than those investors witnessed in the late 1990s during the dot-com bubble. In short, I think a large-scale valuation normalization is in store for Palantir.