With a 5-year EPS growth forecasted at 59.78%, Palantir Technologies Inc. (NASDAQ:PLTR) is among the 12 Best Cybersecurity Stocks to Buy and Hold for the Long Term.
On June 18, Oligo Security announced that it had joined Palantir Technologies Inc. (NASDAQ:PLTR) FedStart program, a strategic initiative designed to accelerate the path to federal cybersecurity certifications. Through the collaboration, Oligo aims to achieve FedRAMP High authorization and U.S. Department of Defense Impact Level 5 compliance more efficiently, enabling government agencies to secure applications, cloud workloads, and artificial intelligence systems through a unified security platform. By leveraging Palantir’s established security infrastructure, cloud expertise, and extensive experience with government compliance requirements, Oligo expects to significantly reduce the time required to obtain Authority to Operate for federal deployments, further demonstrating the value of Palantir’s expanding government-focused software ecosystem.
Earlier, on June 16, Wolfe Research upgraded Palantir Technologies Inc. (NASDAQ:PLTR) to Peer Perform from Underperform after resuming coverage of the stock. While the firm did not assign a price target, it acknowledged that Palantir’s significantly improved growth outlook and expanding profit margins have materially strengthened the company’s investment profile. Wolfe Research noted that the stock’s current valuation already reflects much of this operational improvement, highlighting the substantial progress Palantir has made in scaling both its commercial and government businesses while maintaining strong financial performance.
Founded in 2003 and headquartered in Denver, Colorado, Palantir Technologies Inc. (NASDAQ:PLTR) develops advanced software platforms that enable organizations to integrate, analyze, and visualize vast volumes of complex data. Its solutions are widely used by governments and enterprises to enhance decision-making, strengthen cybersecurity, detect anomalies, monitor critical infrastructure, and protect sensitive information through advanced analytics, artificial intelligence, and granular access controls.
While we acknowledge the risk and potential of PLTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PLTR and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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