Analyst Paul Chew of Phillip Securities maintained a Buy rating on Palantir Technologies, reducing the price target to $190.00.
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Paul Chew has given his Buy rating due to a combination of factors, including Palantir’s substantial outperformance versus his prior forecasts and the strength of both its commercial and government businesses. The company’s FY25 revenue and earnings exceeded expectations by a wide margin, while guidance for 1Q26 points to exceptionally rapid top-line and operating income growth, signalling sustained operating leverage and margin expansion.
He also emphasizes the powerful momentum in U.S. commercial operations, where AI Platform (AIP) and the firm’s data ontology are accelerating customer adoption and contract values, and the U.S. government franchise, reinforced by major defence-related awards, continues to scale. Although he trimmed his DCF-based target price to reflect more normalized long-term growth and intensifying AI competition, he remains constructive on Palantir’s differentiated technology stack and sees its expanding role in enterprise and public-sector AI deployments as supporting further upside in the shares.
Chew covers the Technology sector, focusing on stocks such as Palantir Technologies, Adobe, and Microsoft. According to TipRanks, Chew has an average return of 21.1% and a 66.67% success rate on recommended stocks.
In another report released on February 11, William Blair also maintained a Buy rating on the stock with a $0.00 price target.