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Palantir Technologies Inc. (NASDAQ:PLTR) is one of the top stocks to buy for the long-term. On May 21, Rosenblatt reiterated that Palantir Technologies Inc. (NASDAQ:PLTR) is a Buy and maintained a $225 price target following a meeting with the company’s Chief Financial Officer, David Glazer, among other executives.

Following the meeting, the research firm reiterated that Palantir Technologies has what it takes to reach $225 per share level and achieve a market capitalization of more than $1 trillion within 5 years. The research firm remains confident that the company’s Artificial Intelligence Platform, AIP, will be the key growth driver, acting as the arbiter and optimizer of multiple large language models and machine learning systems.

Additionally, the research firm expects Palantir Technologies to continue capitalizing on strong business momentum from FoxTrot, one of its key partners. The sentiments align with the company delivering solid first-quarter results, with earnings per share reaching $0.33, exceeding the $0.28 expected. Revenue totaled $1.633 billion, above the $1.54 billion expected, driven by strong demand in the US government segment and national security solutions.

Palantir Technologies Inc. (NASDAQ:PLTR) is a software company that builds digital infrastructure for big data analytics. It specializes in connecting fragmented data into a single platform, allowing organizations to integrate, analyze, and deploy Artificial Intelligence (AI) models.

While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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