Cathie Wood’s Stock Portfolio: 2025 Stock Picks

7. Palantir Technologies Inc. (NASDAQ:PLTR)

ARK Investment Management’s Q3 Stake Value: $409.86 million

Number of Hedge Fund Holders: 43

Palantir Technologies Inc. (NASDAQ:PLTR) is a data analytics and software firm that provides platforms for government agencies, financial institutions, and major companies to comprehend massive data sets.

Palantir Technologies (NASDAQ:PLTR) reported positive expectations and better-than-expected fourth-quarter earnings, driving shares of the data analytics company up more than 24% in early U.S. trade on January 3. The company announced adjusted earnings of $0.14 per share on $827.5 million in revenue for the three months ended December 31, exceeding analysts’ projections of $0.11 per share and $778.2 million. Total revenue for the quarter increased by 36% year on year, with CEO Alex Karp noting increased demand for artificial intelligence.

Moreover, that same day on January 3, Wedbush analysts raised their price target on Palantir Technologies Inc. (NASDAQ:PLTR) shares to $120 from $90, while maintaining an Outperform rating on the stock. The firm’s analysts emphasized the company’s outstanding earnings report, as well as its 2025 outlook, which outperformed market expectations. Wedbush also underscored Palantir’s role in pushing the artificial intelligence revolution, especially with its AI Product (AIP) offering, which they believe has an unrivaled competitive advantage.