Palantir Technologies Inc.
(NASDAQ:PLTR) stock climbed in Thursday's premarket session after DA Davidson upgraded the software company to Buy and raised its price forecast to $175.
The upgrade follows a series of operational updates and public commentary from company leadership regarding the enterprise artificial intelligence market.
Karp Critiques Token-Based Pricing Models During an appearance on CNBC's "Squawk Box" on Wednesday, Palantir CEO Alex Karp criticized the token-based pricing structures used by frontier AI labs like OpenAI and Anthropic.
Karp stated that rising costs are pushing enterprises toward open-weight models to protect their competitive advantages.
