10 AI Stocks Getting Wall Street’s Attention Right Now

7. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 63

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. One of the most notable analyst calls on May 6^th, Tuesday, was for Palantir Technologies. Wedbush analyst Daniel Ives raised the firm’s price target on the stock to $140 from $120 and kept an “Outperform” rating on the shares. Several analysts have raised their price targets on Palantir after it posted better-than-expected first-quarter results for 2025.

The company posted a figure of $884 million (vs. expectations for $863 million) while adjusted earnings came in line at a profit of $0.13 per share. The company also raised its full-year guidance from its earlier forecast of sales between $3.74 billion and $3.76 billion to now between $3.89 billion and $3.90 billion.

These figures reflect on Palantir’s ability to capitalize on the AI demand with its AIP product moat as well as its recent NATO partnership. The firm’s raised price target reflects its belief in the Palantir story and how Palantir is a core name in the AI Revolution theme over the coming years.

Despite the earnings beat and raised guidance, Palantir’s shares fell about 7% in premarket trading today as the figures failed to meet the high expectations of Wall Street investors. The AI stock could lose more than $19 billion from its market valuation if premarket losses hold.

“We believe we have reached a point where respectable earnings beats and raised guidance aren’t enough to materially move the stock to the upside.”

-Morningstar analyst Mark Giarelli said.