Could This AI Stock Hit a $1 Trillion Valuation Before 2030?
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A market cap of $1 trillion, while more common than it used to be, is still a major milestone. Only the 11 most valuable companies in the world have accomplished it so far.At its current value, Palantir Technologies (NASDAQ: PLTR), an artificial intelligence (AI) data analytics company, doesn't look like it will join the trillion-dollar club in the near future. It's worth $410 billion (as of this writing), meaning it would need to more than double. However, Palantir stock has increased by nearly 2,000% in the last three years, so it's no stranger to big jumps.Palantir has a little over three years to hit a $1 trillion valuation before 2030. Is it likely to get there? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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