Buying Palantir Stock Today Is Like Buying Tesla Stock 10 Years Ago, Dan Ives Says: 'This Could Be A $1 Trillion Market Cap'

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What To Know: Following Palantir’s fourth-quarter results late Monday, Ives discussed the AI stock’s potential in an interview on CNBC’s “Closing Bell: Overtime.”

“The bears, they were bearish at $10, hated it at $40 and despise it at $100 … They can’t see AI in the spreadsheets,” Ives said.“When we do the checks that we’ve done for Palantir, I think it’s the next Oracle, it’s the next Salesforce.”

Palantir is going to be front and center in the AI revolution, Ives said, adding the company has made it to where it is today without a direct sales team.

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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets: United States

Topics: Tech US67066G1040 NVDA Dan Ives AI Top Stories TSLA US88160R1014 Analyst Color PLTR Artificial intelligence Long Ideas Trading Ideas CNBC News Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 20:30:22 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 25896374

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