Overview
- Rosenblatt initiated coverage with a Buy and a $150 target as other brokers lifted targets to $195 (Mizuho), $205 (Morgan Stanley) and $255 (Bank of America), putting the Street’s median at $196.
- Consensus forecasts jumped roughly 30% in the past month to $1.31 EPS for 2026 and to $1.83 for 2027, marking a sharp reset in near‑term expectations.
- Palantir secured a U.S. Air Force partnership with GE Aerospace to deploy AI‑driven logistics for T‑38 maintenance that predicts parts needs from military and supply‑chain data.
- The stock traded near $137, about 34% below its $207.52 high, and outperformed during sessions when defense‑linked names drew bids on Middle East tension headlines.
- Fourth‑quarter revenue rose 70% to about $1.4 billion with a Rule of 40 score of 127%, and large U.S. Army (up to $10 billion) and Navy ($448 million) agreements continue to support revenue visibility.