Why Palantir Bulls Say This Week’s Selloff Is an Opportunity To Buy the Dip | Global News Avenue

As a palantirbacteria) Stocks fell Thursday, adding to losses from defence spending cut expectations, and some analysts believe the sell-off could be an opportunity Buy dipping sauce.

Palantir shares fell 5% in Thursday’s date trading Washington Post According to Trump administration Instruct the Pentagon to trim the U.S. Defense Budget Over the next five years, it reached 8% per year.

The U.S. government, a major customer of Palantir, accounted for more than 40% of its revenue in the fourth quarter, which raised concerns that kickbacks from defense spending would deal a major blow to data analytics software providers.

But, Wedbush analysts say “this is totally the opposite” is contrary to the way they think the cuts may affect Palantir, and expect its flagship AI platform and to win more Palantir business from the Pentagon in a tighter spending environment.

Earlier this month, analysts at Bank of America, Citi, UBS and Morgan Stanley Expressed similar emotionsAnd after Palantir, it raised its stock price target Strong fourth quarter results.

In a comment to clients on Thursday, Wedbush analysts called it the “highest name of 2025” and added that they believe the company could be “the next Oracle or Salesforce” and hit the market capitalization of the company trillion-dollar market value. In the next few years. Their target price is $120, representing nearly 13% of the intraday price on Thursday.

Loop Capital analysts are more optimistic about the stock, reportedly launching coverage on Wednesday with a price target of $141, calling it a “game-changing software stock.” They also advise customers to see a pullback in stock prices as a buying opportunity.

This week’s sell-off drags Palantir stock into correct Territory, stocks fell 14% from Tuesday’s record-high closing price. Despite this, they More than four times Value in the past 12 months.