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Pentagon Makes Palantir’s Maven a Program of Record

The shift locks the AI system into the Pentagon’s budget process, improving revenue visibility.

Overview

  • Palantir’s Maven, which fuses drone, satellite, and intel feeds to flag targets and threats, is now an official program of record with stable funding.
  • The IRS is piloting Palantir’s SNAP tool to pick higher‑value audit and enforcement cases by pulling patterns from messy, unstructured data.
  • U.S. commercial revenue rose 137% in Q4 2025 as AIP “bootcamps” cut sales cycles from months to days and move pilots into production.
  • Palantir guided 2026 revenue to about $7.2 billion, which signals roughly 61% growth as more deployments shift from testing to real use.
  • UBS raised its price target to $200 and kept a buy rating, yet shares still carry rich multiples near 100 times 2026 earnings, which heightens execution risk.