Overview
- Palantir reports after the bell Monday, with consensus estimates at $0.17 in adjusted EPS and roughly $1.09 billion in revenue.
- Shares closed Friday at $200.47 and traded about 2% higher premarket, following a record high of $204.18 reached on Oct. 31 and a 165% gain this year.
- Nvidia and Palantir announced an integration that brings Nvidia chips and software into Palantir platforms to power real‑time logistics and decision‑making, with terms undisclosed.
- Wedbush raised its price target to $230 and maintained an Outperform rating, citing stronger‑than‑expected AIP demand and faster customer conversions from Palantir’s bootcamp model.
- Other firms updated views in recent weeks, including Citi to $190 (Neutral), BofA to $215 (Buy), HSBC to $181 (Hold), Goldman Sachs to $141 (Neutral), and DA Davidson to $170 (Neutral), while Wedbush flagged potential government AI spending as an additional tailwind.