Palantir Technologies (NASDAQ:PLTR) has been described as the best pure-play stock in artificial intelligence. The market agrees, sending shares of PLTR stock some 342% higher over the past year, far better than Nvidia (NASDAQ:NVDA),

High-flying artificial intelligence (AI) stocks have taken the market by storm, soaring to stratospheric valuations. Many investors think the party will continue considering the potential of AI and the growing market size.

PLTR stock jumped 340% in 2024 with much of the gain coming after Trump's election win amid views government AI automation will rise.

Shopify is worth $134 billion. The stock must return at least 22% for its market value to top $163 billion in 2025. Anthony Chukumba at Loop Capital has set Shopify with a target price of $140 per share. That forecast implies 36% upside from its current share price of $103.

Demand for Big Data services is increasing. Palantir, a leader in the field, should benefit. Here are the forecasts and price predictions for PLTR stock.