William Blair analyst Louie DiPalma has maintained their bullish stance on PLTR stock, giving a Buy rating on April 14.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Louie DiPalma has given his Buy rating due to a combination of factors tied to Palantir’s deepening relationship with the U.S. Department of Defense and the visibility that comes with it. A newly disclosed $2.3 billion budget request for the Maven Smart System signals multiyear demand, underpinning a revenue run-rate that has scaled rapidly and positioning the platform as a core operating system for battlefield command, targeting, and situational awareness.
DiPalma also highlights that successive contract expansions, including the recent increase of a key Maven Smart System award to $1.275 billion over five years and its incorporation into a broader $10 billion DoD vehicle, reinforce long-term growth prospects. While the shares appear rich on a sales multiple, he argues they look more attractive on a free-cash-flow basis, with the current 2027 multiple sitting below historical ranges and offering room for expansion as revenue growth proves durable, despite acknowledging valuation risk as the primary concern.
In another report released on April 14, Mizuho Securities also maintained a Buy rating on the stock with a $185.00 price target.
Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PLTR in relation to earlier this year.