Benzinga Bulls And Bears: SMCI, Jet.AI, Palantir, OXY And Wall Street Retreats From Record Highs

As the market retreats from record highs, investors are keeping a close eye on key stocks to gauge the overall sentiment. Among them, Super Micro Computer (SMCI), Jet.AI, Palantir (PLTR), and Occidental Petroleum (OXY) have been in the spotlight. Let's dive into the recent trends and analyst ratings for these companies.

Super Micro Computer (SMCI)

SMCI, a leading provider of high-performance server and storage solutions, has seen its stock price fall sharply in recent weeks. The company's financial performance has been strong, with revenue and earnings growth of 109.77% and 88.77% respectively in 2024. However, the stock's recent decline has raised concerns among investors. Analysts have a Hold rating on SMCI, with a 12-month stock price forecast of $54.67, indicating a decrease of -2.50% from the current stock price.



Jet.AI

Jet.AI, a cutting-edge AI company, has been surging in the market, making it the best S&P 500 performer of 2025. The company's strong performance is likely driven by its AI megatrend and unusually low valuation. Despite big risks and share price volatility, analysts remain bullish on Jet.AI due to its high-growth trajectory and low valuation.

Palantir (PLTR)

Palantir, a software company specializing in big data analytics, has experienced significant volatility in its stock price. The company's shares dropped from $125 to $106 due to defense budget cuts and a new trading plan by CEO Alex Karp. Despite strong revenue growth and impressive U.S. government contracts, the market has been losing confidence in Palantir's stock. The stock price has since recovered, but investors remain cautious due to potential Pentagon budget cuts and CEO Karp's plans to sell $1.2 billion worth of stock.



Occidental Petroleum (OXY)

Occidental Petroleum, an energy company, has seen its stock price impacted by broader market sentiment and energy sector dynamics. The company's earnings report showed a significant improvement in profitability, with earnings per share (EPS) of $1.17, beating analyst estimates of $0.97. Despite the strong earnings, OXY's stock price has been volatile, reflecting the overall market's retreat from record highs.

As the market retreats from record highs, investors are closely monitoring key stocks like SMCI, Jet.AI, Palantir, and OXY to gauge the overall sentiment. While SMCI and Jet.AI have seen positive sentiment, Palantir and OXY have experienced more volatility and caution from investors. As always, it's essential to stay informed and adapt to the ever-changing market landscape.