e.l.f. Beauty stock plummets 20% as revenue and guidance fall short of expectations
Investing.com - DA Davidson raised its price target on Palantir Technologies Inc. (NYSE:PLTR) to $215.00 from $170.00 while maintaining a Neutral rating on the stock. The company’s shares have delivered an impressive 273% return over the past year.
The research firm cited Palantir’s "outstanding quarter" with accelerating revenue growth driven by what it described as "parabolic US demand for AI solutions." InvestingPro data shows Palantir’s revenue grew 47.2% year-over-year, with impressive gross profit margins of 80.8%.
DA Davidson noted that Palantir remains well-positioned to benefit from helping customers effectively deploy AI through its Ontology platform.
The firm stated that it continues to view Palantir as "the best story in all of software," despite maintaining its Neutral rating.
The analyst indicated that valuation concerns were the only factor preventing an upgrade from the current Neutral recommendation, even as the price target was increased significantly.
In other recent news, Palantir Technologies reported impressive third-quarter 2025 results, with revenue reaching $1.181 billion, marking a 63% increase year-over-year and surpassing consensus estimates by about 10%. The company also achieved an adjusted operating income of $601 million with a 51% margin and an adjusted free cash flow of $540 million with a 46% margin. Following these results, several analyst firms adjusted their outlooks for Palantir. Cantor Fitzgerald raised its price target to $198 while maintaining a Neutral rating, citing increased revenue and profit forecasts. Similarly, Goldman Sachs increased its price target to $188, noting the company’s revenue exceeded expectations by 8% and future guidance also surpassed analyst forecasts. Baird also adjusted its price target for Palantir to $200, highlighting the company’s ninth consecutive quarter of accelerating revenue growth. In addition to financial performance, Palantir announced a joint venture with Dubai Holding to expand AI capabilities in the UAE, formalizing a collaboration that has already shown results across multiple sectors. Raymond James, however, reiterated its Market Perform rating despite the strong quarterly results.
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