Palantir Stock Has ‘Main Character Energy,’ Analysts Say. That Doesn’t Mean It’s a Buy.
1. Palantir shares rose 140% in 2023, driven by AI investment enthusiasm. 2. Analysts from D.A. Davidson and Mizuho maintained Neutral ratings on PLTR. 3. Palantir's stock overvalued with a P/E ratio significantly higher than S&P 500. 4. Urgency for AI implementation benefits Palantir's business and pricing strategy. 5. Confidence in Palantir's mission aligns with strong government contracts.