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Palantir Extends Rally on Upgrades and Defense Deals as Thiel Plans $280 Million Sale

Investors weighed rich multiples against accelerating earnings forecasts after a blowout fourth quarter.

Overview

  • Shares rose for a fourth straight session as defense-linked buying followed reports of U.S. and Israeli strikes in the Middle East, with gains of roughly 3% premarket and more than 6% intraday in recent trading.
  • UBS upgraded the stock to Buy with a $180 target and Rosenblatt initiated at Buy with a $150 target, while the median Wall Street target sits at $196 implying about 43% upside.
  • Analysts lifted earnings outlooks sharply, with 2026 and 2027 consensus EPS up roughly 30% in a month to $1.31 and $1.83 respectively.
  • Palantir added a U.S. Air Force partnership with GE Aerospace that uses its AI to forecast T‑38 parts demand and improve maintenance logistics.
  • An SEC filing shows co‑founder Peter Thiel plans to sell up to 2 million Class A shares, valued at about $280 million at recent prices.