Analysts significantly upgraded near-term forecasts for Palantir Technologies, citing a bullish outlook on the company's business prospects. The consensus revenue forecast for 2026 rose to $7.3 billion from a previous estimate of $6.3 billion. Statutory earnings per share (EPS) estimates increased by more than 40% to $1.14.
This positive revision follows Palantir’s strong fourth-quarter earnings report released earlier this week. Palantir shares recorded significant gains in premarket trading on February 6. The upward movement reflects a broader rebound from a recent selloff across the software sector.