{"id":576602,"date":"2026-04-02T04:01:13","date_gmt":"2026-04-02T04:01:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/576602\/"},"modified":"2026-04-02T04:01:13","modified_gmt":"2026-04-02T04:01:13","slug":"1-artificial-intelligence-ai-software-stock-to-buy-hand-over-fist-before-it-soars-62-according-to-dan-ives","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/576602\/","title":{"rendered":"1 Artificial Intelligence (AI) Software Stock to Buy Hand Over Fist Before It Soars 62%, According to Dan Ives"},"content":{"rendered":"

In late March, Dan Ives — who serves as Global Head of Technology Research at Wedbush Securities — reiterated his outperform rating on Palantir Technologies (PLTR<\/a> +0.14%) and lifted his price target to $230. As of this writing (March 30), this implies roughly 60% upside to current share price levels.<\/p>\n

The upgrade from Ives underscores the conviction that Palantir’s deepening integration with U.S. government and defense operations positions the company for sustained hypergrowth, even as broader software-as-a-service (SaaS) stocks<\/a> still grapple with downward selling pressure.<\/p>\n

\"Palantir<\/p>\n

Image source: The Motley Fool.<\/p>\n

Palantir is becoming the AI operating system for the U.S. military<\/p>\n

At the root of Ives’ price upgrade is Palantir’s accelerating federal deal momentum, particularly across programs with the Department of Defense (DOD). The company’s Artificial Intelligence Platform (AIP) has become a critical tool for navigating complex geopolitical environments, including direct support for military operations amid ongoing tensions involving Iran<\/a>.<\/p>\n

Two major catalysts stand out amid Palantir’s thriving government segment: the Pentagon’s recent decision to designate Palantir’s Maven Smart System (MSS) as a Program of Record and the 10-year, $10 billion Army contract<\/a> won in late 2025.<\/p>\n

These wins reflect Palantir’s ability to embed itself in high-priority national security initiatives as the company increases its exposure to expanding Pentagon IT budgets. Taken together, Palantir is securing long-term funding and operational priority, which smart investors see as the foundation for reliable growth.<\/p>\n

\"Palantir<\/p>\n

Today’s Change<\/p>\n

(0.14%) $0.21<\/p>\n

Current Price<\/p>\n

$146.49<\/p>\n

Key Data Points<\/p>\n

Market Cap<\/p>\n

$350B<\/p>\n

Day’s Range<\/p>\n

$144.47 – $148.30<\/p>\n

52wk Range<\/p>\n

$66.12 – $207.52<\/p>\n

Volume<\/p>\n

34M<\/p>\n

Avg Vol<\/p>\n

50M<\/p>\n

Gross Margin<\/p>\n

82.37%<\/p>\n

Why Dan Ives could be right about Palantir<\/p>\n

Palantir’s Foundry and Gotham platforms integrate data sets and advanced analytics<\/a> to deliver real-time, decision-grade intelligence. This format is precisely what government agencies and military commanders require in today’s volatile world.<\/p>\n

Palantir’s public sector leadership is fueled by rising defense and intelligence spending — tailwinds that should compound into durable long-term upside. Against this backdrop, the company’s attachment to a growing number of high-stakes programs at the Pentagon is helping Palantir build a structural moat: Once AIP is deployed, the technology becomes virtually indispensable for mission-critical outcomes.<\/p>\n

With these dynamics, Ives sees Palantir approaching a “golden path” for AI-driven growth, given the company’s unparalleled relevance in federal environments where reliance and results matter most.<\/p>\n

Is Palantir stock a buy amid plummeting software stocks?<\/p>\n

The current sell-off among software stocks is punishing growth names indiscriminately. In other words, investors are allowing emotion-driven fear and panic to overlook companies with measurable competitive advantages<\/a>.<\/p>\n

Palantir stands apart from its peers thanks to the company’s ability to win high-margin, multiyear contracts. In reality, more than half of Palantir’s business features stable, high-visibility government revenue, providing the company with a level of durability and resilience that few pure-play enterprise software companies can match.<\/p>\n

While commercial markets still face macro-driven uncertainty, Palantir’s federal foundation — bolstered by ongoing acceleration from geopolitical tailwinds — offers a rare combination of downside protection and visible catalysts.<\/p>\n

Despite the appearance of a premium valuation<\/a>, Palantir delivers a compelling risk\/reward profile for investors with a long-term horizon.<\/p>\n","protected":false},"excerpt":{"rendered":"In late March, Dan Ives — who serves as Global Head of Technology Research at Wedbush Securities —…\n","protected":false},"author":2,"featured_media":576603,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,49,48,61],"class_list":{"0":"post-576602","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-ca","12":"tag-canada","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/576602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=576602"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/576602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/576603"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=576602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=576602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=576602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}