Overview
- Citi Research raised Palantir to Buy from Neutral with a $235 price target, citing accelerating enterprise AI adoption, AI agents, and stronger global defense spending.
- Analyst Tyler Radke projects government revenue growth of about 51% in fiscal 2026, roughly 800 basis points above consensus, with potential upside tied to defense modernization programs.
- Truist recently initiated coverage at Buy with a $223 target, pointing to rapid revenue acceleration, operating margins above 50%, and strong U.S. government and commercial growth.
- Palantir shares fell roughly 3.5% on Thursday after Jim Cramer posted “Look out Palantir shorts,” highlighting how narrative-driven trading can pressure the stock.
- The stock had rallied earlier in the week as traders linked the Venezuela operation that captured Nicolás Maduro to Palantir’s platforms, a role the company has not confirmed, while lofty valuation leaves it vulnerable to profit-taking even as defense peers gained on the president’s 2027 budget push.