Analysts double-upgraded Palantir to 'Buy' on February 16, 2026, though shares slipped 2.46% to $128.18 in pre-market trading amid a broader tech-sector retreat.
- The upgrade asserts that advanced AI agents do not pose a threat to the company’s integrated data platforms, countering a short thesis from Michael Burry.
- Burry’s previous report, released on February 12, had targeted a significantly lower price floor of $46.
- The recent share decline reflects a broader market movement fueled by AI-driven valuation concerns and persistent volatility.