Palantir Stock Is a 'Gift' to Investors, Analyst Upgrades to Buy

Palantir Technologies Inc. (NASDAQ: PLTR ) shares are trading higher after D.A. Davidson upgraded the stock from Neutral to Buy and raised its price target from $165 to $175. The Bull Case D.A. Davidson analyst Gil Luria cited Palantir’s growing competitive moat in the AI era and what the firm describes as the most attractive valuation the stock has seen in some time. The firm raised its 2026 EPS estimate to $1.50 from $1.40 and its 2027 EPS estimate to $2.14 from $1.78, both above consensus. Luria specifically cited the recent U.S. government restrictions on Anthropic’s AI models as a validation of Palantir’s orchestration layer thesis—companies that built directly on frontier AI models faced disruption, while Palantir customers simply had the underlying model swapped out. The firm also noted that Palantir now trades in line with high-growth software peers like Snow...