Rosenblatt reiterated a buy rating for Palantir with a $200 price target. The company projects 2026 revenue between $7.18 billion and $7.20 billion. This guidance exceeds consensus estimates by more than $1 billion. U.S. commercial revenue is expected to grow 115% in 2026.
Expansion in the government sector supports this financial outlook. Palantir recently secured a $300 million blanket purchase agreement with the U.S. Department of Agriculture. The company also signed a contract with the Department of Homeland Security. These deals signal growth outside of traditional defense and intelligence partnerships.
High valuation remains a primary risk as the stock sits below its all-time high. On April 24, activists urged the Swiss National Bank to divest its $1.1 billion stake. The group cited Palantir's work with U.S. immigration enforcement as the reason for the divestment demand.