Citi Turns Bullish on Palantir as AI and Defense Demand Surge
Citi upgrades Palantir to Buy, raises price target to $235, and sees strong AI-driven growth and defense spending fueling major gains into 2026.
Citi upgrades Palantir to Buy, raises price target to $235, and sees strong AI-driven growth and defense spending fueling major gains into 2026.
Palantir secures major $448M U.S. Navy contract to modernize submarine fleet supply chain management using AI technology, boosting stock and government revenue growth.
Enterprise AI software provider C3 AI considers potential sale after founder Thomas Siebel's departure as CEO. Stock down 54% YTD amid financial struggles and leadership changes.
Palantir Technologies raises its 2025 sales outlook to $4.4 billion after strong Q3 results and surging demand for its AI-powered data analytics from governments and businesses.
Palantir stock dropped over 7% after a report revealed flaws in its battlefield communications system. Palantir and Anduril Industries stated the report was outdated, and issues were resolved.
Boeing Defense, Space & Security (BDS) is teaming up with Palantir Technologies to rapidly adopt Artificial Intelligence (AI) across its defense operations and sensitive programs.