Overview
- Palantir rose about 5% after Mizuho upgraded the stock to outperform with a $195 target, following a recent double upgrade at Freedom Capital Markets to buy with a $170 target and a Daiwa move to buy with a $180 target.
- The Defense Information Systems Agency extended Palantir Federal Cloud Service Forward Impact Level 5/6 authorizations to on‑premises and edge deployments, lowering friction for DoD use across varied hardware.
- Airbus renewed its multi‑year Skywise agreement with Palantir, extending the civil aviation data platform used across manufacturing, supply chain, maintenance, and flight operations.
- Operational metrics remain strong, with Q4 revenue up roughly 70% year over year to about $1.4 billion and management highlighting accelerating U.S. commercial traction and software‑level margins.
- Valuation remains the flashpoint, with critics citing a roughly $313 billion market cap and rich multiples as Michael Burry reiterates a $46 fair value and some analysts model downside, even as JPMorgan flags selective software names as more AI‑resilient.