TLDR
- Jim Cramer expects Palantir stock to reach $200 this quarter, currently trading at $132
- PLTR closed at $134.38 on July 6, 2025, up 1.73% on the day
- Cramer notes “meme buyers” are actively purchasing the stock after a brief pause
- Company continues expanding with U.S. Army Vantage Program and UniCredit partnership
- Bearish analysts warn stock could drop 60% due to valuation concerns
Palantir Technologies stock has captured attention again as prominent market commentator Jim Cramer issued a bullish price target. The data analytics company closed at $134.38 on July 6, 2025, marking a 1.73% gain for the day.
Cramer expressed confidence that PLTR will reach $200 this quarter. He emphasized the company’s ongoing infrastructure needs, stating “Can’t avoid buying another data center.”
The TV host observed that “meme buyers” have returned to the stock after taking a brief break. This retail investor interest has been a driving force behind recent price movements.
Palantir has joined other tech leaders like Palo Alto Networks and Broadcom in hitting new highs. The company’s AI-driven platforms continue attracting both government and commercial clients.
Business Expansion Continues
The company recently extended its work with the U.S. Army Vantage Program. This contract renewal demonstrates Palantir’s strong position in government data analytics.
Palantir also renewed its digital transformation partnership with UniCredit. These partnerships showcase the company’s ability to serve both public and private sector clients.
The software platforms act as central operating systems for various organizations. This broad applicability has helped drive growth across multiple sectors.
Market Sentiment Remains Mixed
Despite recent gains, analysts remain divided on Palantir’s prospects. Some commentators speculate about the company experiencing its own “Nvidia moment” in AI.
Others believe Palantir could take market share from cloud giants like Microsoft and Amazon. This potential disruption has fueled optimistic price predictions.
However, bearish voices have emerged with warnings about valuation concerns. Recent opinion pieces suggest the stock could plunge 60% due to competitive pressures.
Long-term speculation includes discussions about Palantir becoming a trillion-dollar company by 2035. These ambitious projections reflect both the excitement and skepticism surrounding the stock.
Cramer previously suggested taking a “two-week vacation” from high-performing stocks like Palantir. He recommended ignoring them temporarily while market rotations play out.
The company’s software platforms enable organizations to analyze complex data and support decision-making. These AI-driven workflows have become increasingly valuable across industries.
Palantir’s dual focus on government contracts and commercial partnerships provides revenue diversification. This strategy has helped maintain growth momentum throughout market volatility.
The stock’s recent performance reflects broader investor interest in AI and data analytics companies. Trading volumes have increased as both institutional and retail investors position themselves.
Market observers note the company’s continued need for infrastructure investment to support growth. Data center expansion remains a key requirement for scaling operations.
As of July 6, 2025, Palantir stock trades at $134.38, representing continued strength in the current market environment.
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