10 Hot AI Stocks to Buy Now

4. Palantir Technologies Inc. (NASDAQ:PLTR)

Magnitude of revision in street 2026 EPS estimates: +39%

Number of Hedge Fund Holders: 43

Palantir Technologies Inc. (NASDAQ:PLTR) is a prominent enterprise software company that specializes in data analytics and big data integration, providing sophisticated platforms that help organizations ranging from government agencies to large commercial enterprises gather, process, and analyze vast amounts of information. Its solutions are designed to transform complex, disparate data into actionable insights, enabling clients to improve decision-making, enhance operational efficiency, and address critical challenges such as national security, supply chain optimization, and regulatory compliance.

The introduction of a low-cost, high-performance AI model forces the industry to reconsider the economics of advanced computing, potentially driving down overall infrastructure costs. This trend might benefit Palantir Technologies Inc. (NASDAQ:PLTR) by reducing the expense of processing and analyzing large data sets, which is central to its business model. In turn, lower operational costs could enhance margins and allow for more competitive pricing in a market where clients are increasingly focused on cost efficiency. The company’s AI platform, AIP, continues to drive new customer acquisition, with nearly 5x the number of US commercial customers compared to 3 years ago. Management claims that PLTR is among the few AI developers that already create real value for its clients. Here’s what they said during the recent 4Q 2024 earnings call:

“Organizations who have crossed the chasm with Palantir are driving real impact quickly. In this AI revolution, the biggest risk is not moving fast enough and organizations are looking to us. With Palantir, as soon as work begins, we’re delivering real quantified exceptionalism for our customers. In my conversations, they’re excitedly asking how we can replicate the success across their organizations.”