5 Best Revenue Growth Stocks to Buy According to Wall Street Analysts

4. Palantir Technologies Inc. (NASDAQ:PLTR)

5-Year Revenue CAGR: 34.10%

Average Price Target Upside Potential According to Analysts: 45.54%

Number of Hedge Fund Holders: 89

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best revenue growth stocks to buy according to Wall Street analysts. On May 22, Cantor Fitzgerald reiterated its Neutral rating on Palantir Technologies Inc. (NASDAQ:PLTR) with a price target of $138 on the stock.

The research firm hosted the company’s Chief Financial Officer, David Glazer, and Chief Architect, Akshay Krishnaswamy, in Boston with investors earlier in the week. Cantor Fitzgerald pointed out that it came away incrementally more positive on Palantir Technologies Inc.’s (NASDAQ:PLTR) position to benefit from secular AI growth trends in both the US Commercial and Government markets.

According to the firm, the company is continuing to gain traction in emerging markets as a leading ontology and orchestration layer for Enterprise AI. Cantor Fitzgerald said Palantir Technologies Inc. (NASDAQ:PLTR) uses large language models with its FDE GTM motion to build a deterministic, continuously updating, and evolving data analytics system governing enterprise operations.

However, Cantor Fitzgerald pointed to valuation concerns as the reason for keeping its Neutral rating on the stock.

Palantir Technologies Inc. (NASDAQ:PLTR) is an American software company that specializes in big data analytics and AI platforms. The company serves key government and commercial enterprises.

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