Overview
- Palantir shares rose about 9% over five trading days as investors refocused on the company’s government and defense exposure.
- The Defense Department ordered a six‑month phase‑out of Anthropic’s AI models, with Rosenblatt calling it an opening for Palantir‑backed LLMs and Piper Sandler cautioning about near‑term operational friction.
- Reports, not officially confirmed, say U.S. targeting of roughly 1,000 sites in Iran was coordinated using Palantir software.
- The latest quarter showed 70% year‑over‑year revenue growth to $1.41 billion and a 137% surge in U.S. commercial sales, alongside a $10 billion Army framework and a $448 million Navy contract.
- Analyst views diverge, with Rosenblatt lifting its target to $200 and Piper Sandler reiterating $230, while skeptics like Michael Burry see value near $46 and some bulls at Citi and Bank of America project $255–$260.