After Palantir’s AIPCon, UBS analyst Karl Keirstead called the company the market’s “best AI enabler.” UBS raised its price target to $250, implying roughly 32% upside from current levels. Palantir’s platform connects AI models to organizational data and workflows.
Palantir reported second-quarter revenue of $1.94 billion, up 93% year over year. U.S. commercial sales rose 149% to $764 million, while government sales increased 90% to $809 million. U.S. commercial remaining deal value was $6.24 billion, up 124% from a year earlier; net dollar retention stood at 157%.
The article acknowledges that conventional price-to-sales and price-to-earnings measures make Palantir shares look expensive. Its author points to an operating margin above 60%; the article also says UBS noted Palantir trades at a lower 2027 free-cash-flow multiple than Snowflake and CrowdStrike, despite Palantir’s stronger revenue growth and profitability profile.
