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Palantir Gains Fresh Analyst Support as Valuation De‑Rates

The move follows a sharp contraction in Palantir’s 2026 EV‑to‑free‑cash‑flow multiple that some view as resetting risk and reward.

Overview

  • Mizuho upgraded Palantir to Outperform on February 18 with a $195 price target, calling the company a “category of one.”
  • Phillip Securities cut its target to $190 on February 16 but reiterated a Buy rating, citing strong U.S. commercial momentum alongside competitive pressures.
  • Freedom Capital issued a rare double upgrade from Sell to Buy and set a $170 target.
  • Mizuho highlighted an estimated 46% decline in Palantir’s 2026 EV/FCF multiple in the early weeks of the year and argued the de‑rating makes the setup attractive.
  • As context, Palantir reported roughly 70% year‑over‑year revenue growth and EPS of $0.25 for Q4 2025 on February 2, topping consensus.