Palantir Technologies can weather plans for planned government budget cuts, Wedbush said on Monday.Shares of the data-analytics firm, which started the day higher, gained 0.7% to $83.66 in morning trading.

Key Takeaways Palantir shares gained Monday as Wedbush analysts called it one their "top names" to own in 2025 despite recent losses.Shares of the Palantir have lost close to one-third of their value in the wake of a report last month that the Pentagon was ordered to make funding cuts.

It rose 341% in just a year, and 2025 hasn't been so bad, either. It has risen around 20% so far this year, but at the time of this writing, it is down 30% from its all-time high set just a few weeks ago.