Palantir and UiPath Use AI to Drive Growth, Analyst Sees 40% Upside for Palantir
• Palantir is an AI data mining and machine learning company transitioning from government to commercial clients. Its new AIP platform is driving growth.
• Palantir's shares have soared 200% in the past year. An analyst has a $35 price target, 40% upside.
• UiPath is the leader in robotic process automation. It uses AI to streamline repetitive tasks and free up employees.
• UiPath grew customers 15% and million+ ARR customers 26% last quarter. It delivered its first GAAP profitable quarter.
• Despite strong financials, UiPath trades at just 9.7x sales, far below its 3-year average of 14x. The stock looks compelling.