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Will Palantir Technologies Stock Reach a $1 Trillion Valuation by 2027?
Palantir Technologies (NASDAQ: PLTR) soared 85% this year as of June 23. The data analytics company expects to grow its top line by more than 36% in 2025 as its robust artificial intelligence (AI) platform has been experiencing a surge in demand. Palantir also benefited from being a popular stock among retail investors, which enabled its valuation to continue rising higher.Entering trading on Tuesday, its market cap was $330 billion, with its valuation now being higher than Coca-Cola, UnitedHealth Group, Chevron, and many other blue-chip companies. The big questions, however, are can it still go higher, and can it top a $1 trillion valuation within the next couple of years?Image source: Getty Images.Continue reading
Palantir Technologies (NASDAQ: PLTR) soared 85% this year as of June 23. The data analytics company expects to grow its top line by more than 36% in 2025 as its robust artificial intelligence (AI) platform has been experiencing a surge in demand. Palantir also benefited from being a popular stock among retail investors, which enabled its valuation to continue rising higher.
Entering trading on Tuesday, its market cap was $330 billion, with its valuation now being higher than Coca-Cola, UnitedHealth Group, Chevron, and many other blue-chip companies. The big questions, however, are can it still go higher, and can it top a $1 trillion valuation within the next couple of years?
Image source: Getty Images.
