Based on stock price targets, the most bullish analyst on Palantir’s stock could be considered by some to actually be bearish.

Shares of Palantir Technologies, MicroStrategy, and Axon Enterprise traded lower in their first day on the Nasdaq 100 index.

The stock also benefited significantly from a bullish report from Wedbush analyst Dan Ives, who raised the company's target price from $10 to $22. Palantir Technologies' (NASDAQ: PLTR) stock posted remarkable gains of almost 385% in 2024,

Denver, Colorado-based Palantir Technologies Inc. (PLTR) is a leading builder of operating systems that builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations.