Palantir Surges on Geopolitics as Government Contracts Fuel Growth

Palantir Technologies’ stock (PLTR) has climbed about 13% over four days as rising geopolitical tensions boost demand for defense-related software, with roughly half of revenue from government contracts. The latest earnings beat and stronger revenue outlook have analysts forecasting about 73% revenue growth next year, supported by AI growth and higher defense spending, though valuation remains a concern (roughly 104x earnings, 45x sales). Despite the lofty multiples, Wall Street sentiment has improved to a Moderate Buy with an average target around $191.76, implying ~33% upside. Some note the rally may be partly emotional and point to ongoing questions about Palantir’s government work, but the defense and AI growth narrative remains supportive.