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Palantir stock is upgraded after strong Q4 results
A leading analyst has upgraded Palantir Technologies (PLTR) stock on the back of its Q4 earnings beating results and “relentless” AI potential. It came as Palantir stock continued its share price surge climbing around 25% higher in early trading. In the year to date it is up nearly 40%.
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DA Davidson analyst Gil Luria kept a Neutral rating on the AI software analytics company’s shares but catapulted its price target higher to $105 from $47. Luria said its “outstanding” quarter with accelerating revenue growth was due to relentless U.S. demand for AI solutions. Luria added that Palantir remained well positioned to benefit from helping customers effectively utilize large language models (LLMs).
Luria’s was one of several upgrades of Palantir stock today. UBS raised the firm’s price target to $105 from $80 and also kept a Neutral rating on the shares. RBC Capital raised the firm’s price target to $40 from $11 but kept an Underperform rating on the shares. It highlighted Palantir’s expectations-busting Government and Commercial results, likely to get a boost from President Trump spending more on defense. But RBC is still concerned about the company’s runway for growth and product differentiation.
Other industry experts such as Kathleen Brooks, research director at XTB, said that Palantir may be more resilient to China’s DeepSeek compared to others like Nvidia (NVDA). That’s because its biggest customers include U.S defense and U.S. Intelligence. She pointed out that it is unlikely that these organizations will be seeking to switch to Chinese software anytime soon.
On TipRanks, PLTR has a Hold consensus based on 2 Buy, 10 Hold and 5 Sell ratings. Its highest price target is $125. PLTR stock’s consensus price target is $69.50 implying an 34.26% downside.
See other PLTR analyst ratings
