Overview
- Shares eased on Jan. 8 after a multi-session jump tied to market speculation that Palantir was linked to a U.S. military action in Venezuela, a connection that has not been confirmed.
- Truist analyst Arvind Ramnani reiterated a Buy rating and a $223 12‑month target, calling Palantir a best‑in‑class AI asset for 2026 and citing strong Rule of 40 performance, 40%+ free‑cash‑flow margins, and prospects for international expansion and future capital returns.
- Street sentiment remains guarded, with a consensus Hold, a mean target near $193 implying roughly 10% upside, and broader coverage showing a median target around $200 with relatively few Buy ratings.
- Valuation concerns persist, with recent coverage citing multiples near 417 times earnings and 117 times sales even as bulls point to accelerating adoption of Palantir’s AI and analytics platforms.
- The stock surged about 135% in 2025 and has climbed roughly 1,680% since its 2020 direct listing, leading some investors to weigh lower‑priced AI‑related alternatives such as Western Digital, which rose about 282% last year.