Shares of Palantir have gained almost 380% this year, and they could still rocket higher by the end of the year.

The 20 analysts covering Palantir have a one-year price target of $38 on the stock. That points toward a 43% drop from current levels. Another thing worth noting is that 35% of the analysts recommend selling Palantir stock. Half of them have a "hold" rating, while only 15% recommend buying it.

Wedbush analyst Dan Ives is a big fan of tech stock Palantir ($PLTR). In fact, he even called it the “Messi of AI” (referring to the

The stock also benefited significantly from a bullish report from Wedbush analyst Dan Ives, who raised the company's target price from $10 to $22. Palantir Technologies' (NASDAQ: PLTR) stock posted remarkable gains of almost 385% in 2024,