Palantir Sets The Tone For Growth With New Partnerships

Michael Del Monte
5.22K Followers

Summary

  • I'm upgrading Palantir Technologies to "Buy" with a $165 price target, reflecting confidence in its AI leadership and expanding government and enterprise partnerships.
  • Recent contracts, including Warp Speed for Warships and Maven Smart Systems, highlight Palantir’s growing role in defense and federal digital transformation.
  • Despite a lofty 128x price/sales valuation, I believe Palantir’s operational momentum and resilient margins justify a premium relative to peers.
  • Key risks include valuation compression if growth or margins falter, but current financials and contract wins support my bullish stance.
Conflict between USA and Syria concept. Political tension between the USA and Syria. United States vs Syria flag on cracked wall

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Palantir Technologies (NASDAQ:PLTR) continues to make strides in further embedding its AI platforms across enterprises and government agencies, solidifying its leadership in functional AI applications. Despite the substantial premium on PLTR shares, I believe that Palantir’s operations are supportive to a

This article was written by

5.22K Followers
Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are built upon the entirety of the investment ecosystem rather than considering a company independently.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of PLTR, GEV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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