Last Year, Wall Street Said This AI Stock Was Overvalued. Now, Wall Street Expects It to Deliver Double-Digit Gains.

Palantir Technologies has rebounded from overvaluation concerns, with Wall Street now forecasting 30% gains over the next 12 months. The company has demonstrated strong growth in both government and commercial revenue, particularly through its AI Platform (AIP), achieving a Rule of 40 score of 145%. While trading at 96x forward earnings remains elevated compared to peers, sustained earnings growth and increasing AI demand support the bullish outlook.