Overview
- Citigroup upgraded Palantir to Buy with a $235 target, citing AI adoption across public and private sectors as a key catalyst.
- Over the past 90 days, 2026 earnings estimates rose 19% and the average price target climbed 23% to $188, according to LSEG data.
- Recent calls highlight divergent views, with Truist initiating Buy at $223 and Bank of America reiterating $255 as RBC maintains a Sell at $50.
- Shares have eased from a November peak near $207 as valuation concerns persist, with Benzinga noting a price‑to‑earnings multiple near 416.
- The company scheduled Q4 results for after the close on Feb. 2, with consensus at $0.21 EPS and $1.34 billion revenue as investors weigh index-fueled inflows and a roughly 55% government revenue mix.