Street View: Palantir's growth case remains intact despite valuation debate

Palantir Technologies

04/08/2026 09:41

** Data analytics software provider Palantir Technologies PLTR.O on Monday raised its full-year revenue forecast once again, reflecting robust demand for its software from both government and commercial customers
** Shares up 15.6% at $145.10 in premarket trading, the stock is poised to add about $47.2 billion in market value if gains hold

ALL ABOARD AI
** Piper Sandler ("overweight," PT: $230) says it remains very bullish on PLTR's growth prospects across both its government and commercial businesses
** Jefferies ("underperform," PT: $80) says PLTR's government and commercial businesses remain key strengths, helping the company turn strong demand into deployments and larger customer contracts
** Morningstar (fair value: $153) believes the key debate is not PLTR's business quality, but whether its growth can stay strong enough to withstand valuation multiple compression, and it believes the company can deliver
** D.A. Davidson ("buy," PT: $200) says "overall, PLTR is executing well and continuing to invest further in its leading platform, becoming a quintessential AI company"
     
     

 (Reporting by Kanishka Ajmera in Bengaluru)
 ((Kanishka.Ajmera@thomsonreuters.com))