Palantir Technologies (PLTR) Stock News

RBC says Palantir risk/reward skews negative ahead of earnings. The stock is the most expensive in RBC's SaaS coverage at 61x 2026 revenue. RBC sees growing pressure for shareholder returns given $9B cash. Government activity elevated but contract value declining QoQ.

Piper Sandler increased its price target for Palantir Technologies to $231.00 per share.

Citigroup increased its price target for Palantir Technologies to $250.00 per share.

Palantir will host its second Seoul pop-up on October 22–23, 2026, giving Korean fans exclusive first access to its Fall/Winter 2026 merchandise. The inaugural 2025 event drew nearly 5,000 visitors. The company frames the event around its Sovereign AI theme. Advance registration opens October 13.

Barclays has initiated coverage on Palantir Technologies with an Overweight rating.

Barclays initiated coverage on Palantir Technologies with an Overweight rating and a $265 price target.

Goldman Sachs issued a new price target of $230.00 for Palantir Technologies shares.

FAA rolled out SMART AI at three DC-area airports. Rosenblatt analyst says Palantir could expand its FAA work beyond the initial $18M contract. Stock rose 3.4% to $191.40. Analyst has Buy rating, $225 target.

The FAA began using its SMART AI program for air traffic control at three Washington-area airports. Rosenblatt analyst John McPeake sees a contract opportunity for Palantir, citing past safety work and potential expansion. Palantir stock rose 2.4% to $189.50. McPeake has a Buy rating and $225 price target. ASI won a separate $875M FAA contract, but multiple vendors are expected.

Palantir names Nebius as preferred sovereign AI infrastructure partner. Nebius compute and inference will be integrated directly into Palantir's enterprise environment. Eligible customers can run and adapt open models on Nebius infrastructure while maintaining control of data, compute, and models. The companies also plan to accelerate new AI capacity, including modular data center deployments at sites with existing power.