Overview
- Analyst Tyler Radke raised his Palantir target from $210 to $235, implying roughly 34% upside based on mid‑January pricing.
- Radke highlighted $3.6 billion in remaining performance obligations in the U.S. commercial segment, up 199% year over year.
- Palantir’s multiyear contracts and its Foundry, Gotham, Apollo, and AIP software underpin bookings visibility.
- Shares have climbed about 2,400% over three years, elevating valuation and prompting caution despite strong operating trends.
- Investors are watching the Feb. 2 fourth‑quarter report for confirmation of growth momentum and forward bookings strength.