Palantir Downgraded by Morgan Stanley on Overdone AI Optimism

Palantir Technologies Inc. was downgraded by Morgan Stanley, reflecting skepticism from Wall Street regarding the software company's role in artificial intelligence and its ability to drive revenue from AI offerings.

yahoo.com

Relevant topic timeline:

8/24/2023

Palantir: AI Is Eating The World (NYSE:PLTR)

Palantir, a data analytics company, is positioned as a critical software platform for government institutions and is expected to sustain its growth through AI implementation in various industries.

8/31/2023

Palantir: AI Potential Is More Appealing At Lower Prices (Rating Upgrade) (NYSE:PLTR)

Palantir Technologies' enterprise AI software sales process and implementation take time, hindering the company's revenue growth despite the hype surrounding generative AI chat, making the stock a better deal at around $14 rather than $20.

8/31/2023

Palantir Stock Drops After Downgrade. How to Cash In on AI Isn’t Clear.

Palantir stock drops after a downgrade by Morgan Stanley analyst due to concerns about the near-term outlook for the data-analytics software company.

9/11/2023

Palantir's Profitability and Government Ties Make It a Safer AI Bet Than C3.ai

Palantir Technologies is considered a better buy compared to C3.ai due to its consistent profitability and stronger position in the AI and machine learning software services industry, despite both stocks being high-risk, high-reward investments with growth-dependent valuations.

9/19/2023

Palantir's AI Conference Showcases Customized Solutions and Productivity Gains for Customers

Palantir's vision for artificial intelligence resonates with consumers, leading to increased business opportunities and long-term impact on the company, according to Wall Street firms.

9/19/2023

Palantir Poised for Growth Thanks to AI Capabilities and Expansion Beyond Government Work, Says Top Analyst

Palantir, a big data specialist, is expected to benefit from the adoption of AI and its Artificial Intelligence Platform (AIP) is leading the commercial front with a loyal consumer base, paving the way for future success stories in the second half of 2023 and into 2024, according to Wedbush analyst Dan Ives.

Topics

Posted 8/31/2023, 1:55:51 PM

Palantir Downgraded by Morgan Stanley on Overdone AI Optimism

yahoo.com

Relevant topic timeline:

8/24/2023

Palantir: AI Is Eating The World (NYSE:PLTR)

Palantir, a data analytics company, is positioned as a critical software platform for government institutions and is expected to sustain its growth through AI implementation in various industries.

8/31/2023

Palantir: AI Potential Is More Appealing At Lower Prices (Rating Upgrade) (NYSE:PLTR)

8/31/2023

Palantir Stock Drops After Downgrade. How to Cash In on AI Isn’t Clear.

Palantir stock drops after a downgrade by Morgan Stanley analyst due to concerns about the near-term outlook for the data-analytics software company.

9/11/2023

Palantir's Profitability and Government Ties Make It a Safer AI Bet Than C3.ai

9/19/2023

Palantir's AI Conference Showcases Customized Solutions and Productivity Gains for Customers

Palantir's vision for artificial intelligence resonates with consumers, leading to increased business opportunities and long-term impact on the company, according to Wall Street firms.

9/19/2023

Palantir Poised for Growth Thanks to AI Capabilities and Expansion Beyond Government Work, Says Top Analyst