Palantir Technologies recently reported stellar fourth-quarter financial results that propelled its market value to $230 billion. But some Wall Street analysts think Advanced Micro Devices (NASDAQ: AMD) and ServiceNow (NYSE: NOW) will surpass that figure in the next year,

Palantir Technologies reported strong revenue growth last quarter as the company that made its name providing software to the U.S. government said demand for its artificial intelligence products continues to expand.

Palantir Technologies ( PLTR 8.31%) stock continued its winning streak on Thursday, climbing as much as 7.9%. As of 3:23 p.m. ET, the stock was still up 7.9%.

Key Takeaways Palantir shares surged to an all-time high Thursday, extending gains earlier in the week.Several analysts have raised their price objectives for the stock since Palantir on Monday gave a strong forecast for 2025.