Overview
- BofA Securities reiterated a Buy rating and a $255 price target after investor meetings in South Korea with Palantir executives.
- Palantir secured a two‑year, $448 million U.S. Navy ShipOS award to deploy Foundry and AIP across the Maritime Industrial Base.
- The company reported accelerating 2025 results, including Q3 revenue up 63% year over year, U.S. commercial revenue up 121% to $397 million, RPO of about $2.6 billion, and net dollar retention of 134%.
- Shares rose roughly 135% in 2025, reflecting confidence in AIP-driven commercial traction and backlog growth.
- Debate over a premium valuation persists, with Jim Cramer citing roughly 175 times this year’s earnings estimates, while proposals for much larger U.S. defense budgets are viewed as a potential tailwind rather than a confirmed driver.