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Palantir Draws Fresh Upgrades as De-Rating Resets Valuation After Blowout Q4

Analysts point to rapid growth, widening margins, a sharp reset in forward valuation.

Overview

  • Mizuho upgraded Palantir to Outperform with a $195 target, calling the company a category of one based on growth, accelerating performance, and margin expansion.
  • Phillip Securities’ Paul Chew cut his target to $190 but kept a Buy rating, noting strong U.S. commercial trends alongside rising AI competition.
  • Freedom Capital executed a rare double upgrade from Sell to Buy and set a $170 target, reinforcing the turn in sentiment.
  • Mizuho highlighted a roughly 46% contraction in Palantir’s 2026E EV/FCF in early 2026, framing the pullback as a de‑rating that improves risk/reward.
  • Palantir’s Feb. 2 report showed about 70% year‑over‑year revenue growth with EPS of $0.25 beating estimates, even as Forbes flagged high valuation and smaller scale versus cloud giants as ongoing constraints.