Overview

• Bank of America’s Mariana Perez Mora maintained a Buy rating on Palantir with a $180 price target after attending AIPCon 8 in San Francisco.
• She said Palantir’s Ontology architecture and forward‑deployed engineers help customers unlock data for operational gains, driving enterprise‑wide adoption and stickiness.
• The analyst pointed to increased wallet share as evidence, citing 40% year‑over‑year spending growth among the top three customers in Q2 2025 and 30% growth among the top 20.
• Perez Mora described Palantir’s value‑based pricing as relatively insulated from budget pressures and projected 2025 EPS of $0.64 (non‑GAAP) and GAAP EPS of $0.36.
• Shares rose about 3% to $157.86 on Monday after the call, even as separate coverage noted extreme valuation multiples and a recent 18% pullback from record highs.