Wall Street Upgrades Palantir Stock as Artificial Intelligence Demand Fuels Record Growth
Denver, Saturday, 21 March 2026.
Fueled by an $11.2 billion backlog and a 70% revenue surge, Palantir’s artificial intelligence dominance has Wall Street analysts aggressively raising their price targets in March 2026.
Earnings Acceleration and Commercial Expansion
Palantir Technologies Inc. (NASDAQ: PLTR) has demonstrated substantial financial acceleration. In the fourth quarter of 2025, the data analytics company reported $1.41 billion in revenue, representing a 70% year-over-year increase. This comfortably beat analyst estimates of $1.34 billion, with earnings per share coming in at $0.25. Furthermore, the company’s remaining performance obligation (RPO) increased by $1.6 billion during the same quarter, reaching a total backlog of $4.2 billion.