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LivestreamMenuPalantir Technologies looks relatively cheap, and shares of the data analyzing company should soon rebound as its artificial intelligence-linked software services gain more traction, according to UBS. The investment bank reiterated a buy rating on Palantir and raised its price target by about 14%, to $250 from $220, implying 44% upside from Monday’s close. “Last week we attended Palantir’s AIPCon customer/leadership event … our view of Palantir as the best AI enabler in the market (making frontier models/AI useful in large enterprises) was if anything bolstered by these conversations [with Palantir executives and customers] and demand momentum seems robust,” analyst Karl Keirstead wrote in a report Tuesday. Palantir provides AI-integrated software platforms to clients including the Department of Defense, enabling users to analyze massive data sets. Shares have edged down nearly 3% year to date due to concerns over Palantir’s sky-high valuation and amid a broader rotation out of technology stocks this summer. Palantir soared 135% in 2025, 340% in 2024 and another 167% in 2023. The stock now trades at 51 times expected free-cash flow for 2027, despite Palantir having “the highest growth and margin profiles across software,” according to UBS. At current prices, the stock is particularly attractive versus peers such as Snowflake and CrowdStrike , Keirstead wrote. The “valuation discount derives largely from investor concerns about a near-term growth rate peak and the potential that the model providers begin to target the data software layer,” the analyst wrote. “Palantir deserves a material multiple premium given its leading position in three key growth areas – AI, data and modern defense tech, making it a relatively cheap stock.” The UBS call matches the consensus on Wall Street, where 23 of 33 analysts rate it a buy or strong buy, according to LSEG data.Read More














