Rosenblatt reiterated a “Buy” rating with a price target of $200 Palantir (NASDAQ: Picture of PLTR) on Wednesday, March 25, realizing that the Golden Dome alone can generate billions for software companies.
Analyst John McPeake mentioned past cases where 20-50% of the corresponding investment in defense programs went into the program, indicating that Palantir could take a large part of the $185 billion spent on defense, becoming the main producer (along with Anduril).
“We think Golden Dome supports the Street’s upside and is more in line with – or better than – the upside forecast for 2026 to 2028,” McPeake wrote.
In addition, Palantir’s government forecast from 2026-2028 is $18.2 billion, about 25% above the Street consensus.
Opinions of the company Wall Street Palantir
However, Palantir’s findings are mixed. Piper Sandler and Wedbush maintained their “Overweight/Outperform” ratings this week, with price targets of $230, but Cantor Fitzgerald is “Neutral,” while Jefferies recently recommended selling.
Institutional interest remains strong, however. For example, Norges Bank opened a new share of $ 5.15 billion in Q4, while Vanguard has 213.9 million shares of PLTR, although the government investment alone is expected to decrease to 42% in 2026 and 31% in 2027.
In addition, Palantir’s Maven Smart System was officially designated on March 20 as the Pentagon’s system for military documentation and control. Unsurprisingly, the bulls believe that this could strengthen the company’s role in preparing for the future of US security.
The price of New Palantir
Thanks to this week’s analysis, Palantir’s average price for next year’s stock now sits at $194.61. That is, all twenty analysts see the stock rising 34.16% from current levels, according to TipRanks data.
Out of twenty, fourteen experts recommend buying, four are holding, and only two are selling the stock. Therefore, Palantir is rated “Moderate Buy.”
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