"Argus argues that Palantir Technologies' revenue growth has accelerated and operating margin has vaulted, creating an attractive entry point after the pullback. The firm also raised its FY2026 EPS view by 15 cents to $1.47 and FY2027 view by 25 cents to $1.94, an operating leverage thesis built on the Q1 2026 results."
"Citi's logic runs parallel. The firm views the Q1 report as strong, sees AI demand accelerating Palantir's U.S. business, and raised estimates post-earnings."
"Management raised full-year 2026 revenue guidance to $7.65 to $7.662 billion, a 71% growth rate, alongside a Rule of 40 score of 145. Palantir Technologies CEO Alex Karp called the demand backdrop one where 'we just cannot meet demand.'"
Argus upgraded Palantir Technologies to a Buy rating with a $190 price target after a significant post-earnings sell-off. Citi also reiterated a Buy rating, raising its target to $225. Palantir's revenue growth accelerated, with Q1 2026 revenue at $1.633 billion, up 85% year over year. Management raised full-year 2026 revenue guidance to $7.65 to $7.662 billion. Despite the strong performance, the stock fell, indicating a disconnect between market sentiment and fundamentals.
Read at 24/7 Wall St.
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