Citi upgraded Palantir (NASDAQ: PLTR) stock to ‘Buy' on January 12, raising its 2026 price target from $210 to $235, a 31.26% upside.
Shares of Palantir Technologies Inc. (NASDAQ:PLTR) sold off at the start of the new year, losing 14.05% over the first five trading sessions.
A United States politician has disclosed a potentially controversial stock trade in artificial intelligence (AI) giant Palantir Technologies (NASDAQ: PLTR), a company deeply embedded in U.S. government and defense operations.
In the most recent trading session, Palantir Technologies Inc. (PLTR) closed at $176.82, indicating a -2.68% shift from the previous trading day.
Palantir (PLTR) trades at 180 times forward earnings despite expected sales growth slowing from 54% to 42%. Palantir reports full-year 2025 results on February 2nd. The stock has stalled near $180 after reaching $200 in October.
But while high-flying stocks like Palantir NASDAQ: PLTR generated earnings per share (EPS) growth of approximately 129% over the past year, tech's volatility makes forward-looking growth less predictable.
Zacks.com users have recently been watching Palantir Technologies (PLTR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Palantir Technologies (NASDAQ: PLTR)traded modestly higher in early U.S. trading on January 6, with shares changing hands at $174.99, up 0.5% on the day, according to Finbold data.
The AI software company has standout margins and revenue growth, the combination of which helps justify a premium price for the shares, according to Truist.
Palantir Technologies (NASDAQ:PLTR) stock is up 3.5% to trade at $173.74 today, the data analytics company a leading government and defense software vendor benefitting from the U.S.-Venezuela headlines.
Palantir commands a premium valuation, but its unique AI-driven platform and accelerating financials suggest market-beating returns remain possible from current prices. PLTR's competitive moat—proprietary technology, network effects, and high switching costs—positions it as a core AI infrastructure provider for both commercial and defense sectors. Despite a 114% Rule of 40 score and 121% U.S. commercial revenue growth, PLTR is polarizing, with analyst price targets ranging widely and long-term EPS estimates surging 256% in six months.
PLTR is up over 120% in a year as Foundry-led commercial growth, expanding margins and a debt-free balance keep its AI thesis intact.