Analyst Boosts Palantir Price Target Amid AI Growth Momentum
Palantir Technologies (PLTR) shares dipped post-earnings despite strong quarterly performance, with DA Davidson's Gil Luria raising his price target to $215 while maintaining a Neutral rating. The 12.7% upside projection reflects accelerating demand for the company's AI platforms, particularly its Ontology data integration system.
'The best story in all of software' continues to unfold as commercial adoption of Palantir's applied AI solutions outpaces expectations. Revenue growth trajectories steepened this quarter as enterprises increasingly deploy Ontology to operationalize AI decision-making across siloed datasets.
Market skepticism persists around valuation ceilings, with pre-market declines suggesting profit-taking after the stock's AI-driven rally. The divergence between fundamental execution and share price performance highlights the volatility inherent in high-growth software names.
