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Palantir Stock Poised for Rebound Amidst AI Demand Surge
10 Feb
Summary
- Daiwa Capital Markets upgraded Palantir to buy, setting a new price target.
- Palantir's shares have surged 23% in the past 12 months but are down 20% in 2026.
- US commercial revenue for Palantir surged 137%, with strong future growth predicted.
Palantir Technologies' stock is expected to rebound, according to Daiwa Capital Markets, which has upgraded the software analytics firm to a buy rating. While shares experienced a 20% decline early in 2026, they have climbed 23% over the preceding 12 months. The investment bank's analyst, Shigemichi Yoshizu, adjusted the price target to $180, still suggesting a 26% potential upside.
This positive outlook stems from Palantir's robust fourth-quarter performance, which saw both earnings and revenue exceed expectations. The company reported extraordinary demand for its artificial intelligence platform across public and private sectors. Notably, U.S. commercial revenue experienced a substantial surge of 137%.
Looking ahead, Palantir's guidance signals continued strong U.S. commercial revenue growth, projected to increase by at least 115%. Yoshizu highlighted the firm's strategy to enhance penetration by growing its user base, expanding use cases, and lengthening contract durations, indicating significant potential for accelerated future earnings.
