15 Stocks That Should Double by 2030

Page 12 of 14

3. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 81

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks that should double by 2030. On February 3, HSBC analyst Stephen Bersey upgraded Palantir to Buy from Hold with a $205 price target, which was brought up from $197.

However, on the same day, DA Davidson reduced its price target for Palantir Technologies Inc. (NASDAQ:PLTR) to $180 from $215 while maintaining a Neutral rating. The firm informed investors that the company achieved an exceptional conclusion to 2025, with revenue growth accelerating due to persistent US demand for AI solutions.

Palantir is viewed as well-positioned to lead enterprise AI adoption through continuous platform innovation. However, the firm noted that following an after-hours stock price increase, Palantir trades at ~93 times its projected 2026 revenue, representing an unprecedented premium compared to its peers.

Palantir Technologies Inc. (NASDAQ:PLTR) builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the US, the UK, and internationally.

Page 12 of 14