Latest news with #LoopCapital
Yahoo
7 hours ago
- Business
- Yahoo
Loop Capital Lifts PT on Palantir Technologies (PLTR) Stock, Maintains Buy
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 software stocks analysts are upgrading. On June 12, Loop Capital analyst Mark Schappel upped the price objective on the company's stock to $155 from $130, while maintaining a 'Buy' rating, as reported by The Fly. Loop Capital viewed a demonstration of the company's AIP product and discussed broader enterprise AI industry trends, competitive dynamics, as well as its differentiators. A software engineer intently typing code into a laptop with multiple screens in an office. The firm remained optimistic about Palantir Technologies Inc. (NASDAQ:PLTR), and believes that it is an early software leader in enterprise AI, which remains at a tipping point with pilot programs moving into production and AI use cases expanding throughout industries. Overall, the firm's investment thesis stems from 3 critical factors. These include the exposure to early-stage AI market opportunity, seemingly endless potential AI use cases amidst few TAM constraints on growth, and Palantir Technologies Inc. (NASDAQ:PLTR)'s position as a leader in the overall enterprise AI space. In Q1 2025, the US revenue increased 55% YoY and 13% QoQ to $628 million, with the US commercial revenue increasing 71% YoY and 19% QoQ to $255 million. Palantir Technologies Inc. (NASDAQ:PLTR) closed 139 deals of at least $1 million, 51 deals of at least $5 million, and 31 deals of at least $10 million. Jackson Peak Capital, an investment management firm, released its Q1 2025 investor letter. Here is what the fund said: 'Palantir Technologies Inc. (NASDAQ:PLTR) was a contributor as a long event-driven trade. We held PLTR into and through its Q4 earnings. The thesis was that it would continue its beat and raise cadence and have investors chasing the right tail as management lays out what's possible under the new administration in DC, announcing new contract wins. It also benefitted from market structure dynamics with institutions underweight and PLTR joining the Nasdaq 100 index in December.' Palantir Technologies Inc. (NASDAQ:PLTR) is a core player in the broader software industry as it develops and sells enterprise software platforms, mainly for big data integration, AI, and analytics. While we acknowledge the potential of PLTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLTR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Palantir Stock Soars 85% in 2025; Defense Role Grows Amid Israel-Iran Conflict
Palantir Technologies (PLTR, Financials) is up 85% year to date as rising Middle East tensions spotlight its expanding role in defense intelligence. The software firm's battlefield decision-making tools and government contracts are drawing investor interest, with analysts debating whether the rally still has legs. The recent conflict between Israel and Iran has intensified demand for AI-driven military solutions; Palantir is already a known partner of Israel's defense ministry and a key U.S. government contractor. In Q1 2025, the company reported 39% revenue growth, led by a 55% jump in U.S. sales. Its commercial U.S. business also crossed a $1 billion run rate for the first time. Still, Palantir's valuation is a sticking point; its forward price-to-earnings ratio stands at 240ten times the sector median. While Loop Capital raised its target from $130 to $155, calling the company a software leader in enterprise AI, Citi warned of overvaluation and pointed to uncertainty around major defense deals. Wall Street remains divided. The stock holds a Hold consensus based on 3 Buys, 10 Holds, and 4 Sells. The average price target is $104.27, implying a 25.5% downside. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Palantir Stock Soars 85% in 2025; Defense Role Grows Amid Israel-Iran Conflict
Palantir Technologies (PLTR, Financials) is up 85% year to date as rising Middle East tensions spotlight its expanding role in defense intelligence. The software firm's battlefield decision-making tools and government contracts are drawing investor interest, with analysts debating whether the rally still has legs. The recent conflict between Israel and Iran has intensified demand for AI-driven military solutions; Palantir is already a known partner of Israel's defense ministry and a key U.S. government contractor. In Q1 2025, the company reported 39% revenue growth, led by a 55% jump in U.S. sales. Its commercial U.S. business also crossed a $1 billion run rate for the first time. Still, Palantir's valuation is a sticking point; its forward price-to-earnings ratio stands at 240ten times the sector median. While Loop Capital raised its target from $130 to $155, calling the company a software leader in enterprise AI, Citi warned of overvaluation and pointed to uncertainty around major defense deals. Wall Street remains divided. The stock holds a Hold consensus based on 3 Buys, 10 Holds, and 4 Sells. The average price target is $104.27, implying a 25.5% downside. This article first appeared on GuruFocus.
Yahoo
4 days ago
- Business
- Yahoo
Roku upgraded as ad tie-up with Amazon to boost its 2026 earnings
-- Loop Capital upgraded Roku (NASDAQ:ROKU) Inc to Buy from Hold saying that a new advertising partnership with Amazon (NASDAQ:AMZN) will begin to lift the streaming platform's financial results starting in 2026. The brokerage said the collaboration announced earlier in the day would give Roku deeper integration with Amazon's demand-side ad platform (DSP), allowing advertisers to target and measure campaigns more precisely using shared data across an estimated 80 million U.S. households. While Roku has previously worked with major DSPs such as Trade Desk (NASDAQ:TTD), Google (NASDAQ:GOOGL), and Yahoo, Loop said the Amazon deal marks its deepest integration to date. Early tests reportedly showed advertisers reached 40% more unique viewers without increasing budgets and saw reduced ad repetition. The feature is expected to become available to U.S. advertisers using Amazon's DSP in the fourth quarter. The companies did not disclose terms of the agreement. Loop raised its 2026 revenue and EBITDA estimates for Roku by about 5%, and increased its price target to $100 from $80. It now forecasts Roku's platform revenue to grow 15% next year, helped by the Amazon integration and political advertising in the fourth quarter. The brokerage noted that Roku shares are trading at about 2.3 times estimated 2025 revenue, near their three-year median, and that the company has generated positive free cash flow since 2023. Roku has previously said it aims to return to mid-teens EBITDA margins, last reached in 2021 through cost controls. Loop expects valuation to eventually shift to an earnings-based multiple as profitability improves. Related articles Roku upgraded as ad tie-up with Amazon to boost its 2026 earnings Goldman upgrades Chinese EV makers XPeng and Nio on cost cuts, product improvement Coinbase seeking SEC approval for tokenized equities trading Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
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Palantir Hits New Peak as U.S. Defense Ties Fuel Rally
June 17 - Palantir Technologies (NASDAQ:PLTR) rose about 3% on Monday, reaching a record close of $141.4 and surpassing its prior high set Friday. The gains came alongside a broader recovery in U.S. equities as investors monitored geopolitical risks tied to renewed tensions between Israel and Iran. Analysts at Loop Capital raised their price target for Palantir to $155 last week, calling the stock a runaway freight train, well ahead of the average Wall Street estimate of $95, according to Visible Alpha. Loop said the company's long-term government partnerships remain a key driver, but added the stock is not for the faint of heart. Palantir has advanced nearly 90% year to date, with momentum building on increased federal adoption of its Foundry platform. Reports indicate the software is now used across at least four U.S. agencies, including Homeland Security and Health and Human Services. Based on the one year price targets offered by 20 analysts, the average target price for Palantir Technologies Inc is $103.56 with a high estimate of $155.00 and a low estimate of $40.00. The average target implies a downside of -26.77% from the current price of $141.41. This article first appeared on GuruFocus.
