Overview
- Shares rose about 5% on Feb. 18 after Mizuho upgraded Palantir to outperform with a $195 target, citing sales acceleration and margin expansion.
- Freedom Capital previously issued a rare double upgrade to buy with a $170 target following a beat-and-raise quarter that highlighted strong AIP demand.
- DISA extended PFCS Forward provisional authorizations at Impact Levels 5 and 6 for on‑premises and edge use, enabling an authorize‑once, use‑many model that can speed Authorization to Operate for defense customers.
- Wall Street remains split, with RBC’s Rishi Jaluria warning shares could fall to $50 and Michael Burry reiterating bearish views that coincided with a Feb. 12 drop.
- Operational metrics remain strong, including a record $1.3 billion in U.S. commercial contract value last quarter, even as the stock remains down roughly 25% year to date.