10 AI Stocks on Wall Street’s Radar Right Now

8. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 63

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems. On May 7, Citi raised the firm’s price target on the stock to $115 from $110 and kept a “Neutral” rating on the shares. The analyst told investors in a research note how Palantir has delivered a “strong beat/raise” in Q1 with upside across most metrics. With Q1 typically signifying a slower quarter in software, and despite a tough macro environment, the company’s “robust results further solidify” its artificial intelligence momentum. Regardless, the firm sees the stock as priced for “beyond perfection.”