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Goldman Sachs resets Palantir Stock 12-month price target by 18%

A running joke among Palantir (PLTR) investors is that the company’s harshest critics eventually become its biggest believers.

59-year-old Alex Karp, the famously eccentric CEO, seems to enjoy watching it happen.

He recently recalled a member of his own executive team once telling him to stop hyping Foundry, Palantir’s core data platform, because nobody believed in it.

If you didn’t know, Palantir helps organizations make sense of huge amounts of data so they can make better decisions.

A company might have sales data in one system, customer information in another, and inventory.

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