The recent selloff in Palantir (PLTR) stock was misguided because the company’s “unique software value proposition” means it actually stands to benefit from initiatives by Elon Musk’s so-called Department of Government Efficiency,

The slump materialized after the Post reported Defense Secretary Pete Hegseth ordered Pentagon and U.S. military leaders to create budget cut plans to slash 8% from the defense budget in each of the next five years, with the Post citing unnamed officials familiar with the matter and a memo it reviewed.

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.