- Goldman Sachs analyst Gabriela Borges upgraded Palantir to Buy from Neutral with a 12-month price target of $230.
- Borges argues enterprises are in the early stages of applying AI to proprietary data, a shift that favors Palantir's sovereign AI and bespoke application strategy.
- Borges credits Palantir's forward deployed engineering model, where customer insights feed reusable product, as an edge over peers.
- Of 33 analysts covering Palantir, 23 rate the stock buy or strong buy, per LSEG data cited by CNBC.
- Palantir shares have risen nearly 47% over the past three months.
Quotes
“We believe enterprises are in the early stages of applying AI to their proprietary data to amplify their existing moats”
“we expect industries with lower tech talent density to be an opportunity for Palantir.”