Wedbush Securities analyst Dan Ives maintains a bullish outlook on Palantir Technologies, suggesting its market capitalization could reach $1 trillion within the next two to three years. Ives has likened Palantir to soccer star Lionel Messi, emphasizing its significant growth potential in the ongoing AI revolution.
Ives defends Palantir's valuation, pointing to the expected $2 trillion in AI spending over the next three years. He believes Palantir is uniquely positioned to capitalize on this trend, praising CEO Alex Karp's work as 'generational'. Palantir's AI platform and its ability to operationalize AI solutions effectively contribute to this positive outlook.
As of May 2025, Palantir Technologies has a market cap of approximately ₹21.643 Trillion. Peter Thiel, a co-founder of Palantir, owns about 70,871,556 shares of the company. Palantir's Q1 2025 results showed a 39% increase in revenue to $884 million, with U.S. commercial revenue up 71%. The company has raised its full-year revenue guidance, projecting a 36% increase for 2025.