- Barclays analyst Anthony Valentini initiated Palantir (PLTR) at overweight with a $265 price target, implying about 60% upside from recent levels.
- Palantir reported Q2 revenue of about $1.94 billion, up 93-94% year over year, and raised FY26 revenue guidance to about $8.15 billion.
- Goldman Sachs upgraded Palantir to Buy with a $230 price target, and shares briefly climbed above $200 before retreating.
- Palantir partnered with Armada to deliver sovereign AI on modular data centers, extending its push into customer-controlled deployments.
Quotes
“The analyst projects years of meaningful fundamental growth ahead as Palantir expands its customer footprint”
“Valentini acknowledged valuations are stretched”