Top 10 AI Stocks in Focus on Wall Street – Nvidia, Broadcom & More

6. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 81

Palantir Technologies Inc. (NASDAQ: PLTR) has received fresh analyst support after analysts pointed out a significantly de-risked valuation following a steep contraction in its forward multiples. On February 18, Mizuho analyst Gregg Moskowitz upgraded the stock from Neutral to Outperform with a price target of $195.00.

Praising Palantir’s business performance, Mizuho described PLTR as a”category of one”, pointing to the company’s combination of revenue growth, accelerating performance, and margin expansion at a scale unlike others in software.

For several months, the firm shared a concern that PLTR’s shares may suddenly face meaningful reversion at some point. They highlighted that Palantir’s estimated 2026 enterprise value-to-free-cash-flow (EV/FCF) multiple has contracted by an estimated 46% in the early weeks of the year.

With PLTR’s 2026E EV/FCF valuation multiple having fallen 46% in the first six weeks of the year, we believe the de-rating has occurred and that the risk/reward is now attractive.

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems.