Palantir Gets Rare Double Upgrade to Buy With $170 Target
Freedom Capital Markets shifts its stance after seeing accelerating AIP-driven sales and stronger profitability.
Overview
- Freedom Capital Markets analyst Almas Almaganbetov on Feb. 13 raised Palantir to Buy from Sell and reiterated a $170 price target.
- The firm cites durable, structural demand for AI and forecasts sustained hypergrowth led by Palantir’s Artificial Intelligence Platform.
- Q4 2025 results were described as materially above guidance and estimates, with accelerating growth in U.S. commercial and government segments.
- AIP is converting pilots into large-scale contracts, though the firm notes international sales continue to lag due to adoption and procurement hurdles.
- The broker highlights expanded gross and operating margins, says Q1 and full‑year 2026 outlooks topped consensus, lifted 2026–27 revenue forecasts, and calls the recent share pullback unjustified.