Buying Palantir Stock Today Is Like Buying Tesla Stock 10 Years Ago, Dan Ives Says: 'This Could Be A $1 Trillion Market Cap'

Quick Summary:

What To Know: Following Palantir’s fourth-quarter results late Monday, Ives discussed the AI stock’s potential in an interview on CNBC’s “Closing Bell: Overtime.”

“The bears, they were bearish at $10, hated it at $40 and despise it at $100 … They can’t see AI in the spreadsheets,” Ives said.“When we do the checks that we’ve done for Palantir, I think it’s the next Oracle, it’s the next Salesforce.”

Palantir is going to be front and center in the AI revolution, Ives said, adding the company has made it to where it is today without a direct sales team.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets: United States

Topics: News Top Stories Dan Ives US67066G1040 PLTR NVDA CNBC US88160R1014 Benzinga Trading Ideas Analyst Color TSLA AI Artificial intelligence Long Ideas Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 20:30:22 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25896374

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 27 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions