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Investing.com - Loop Capital has raised its price target on Palantir Technologies Inc . (NASDAQ:PLTR) to $180.00 from $178.00 while maintaining a Buy rating following the company’s quarterly results. The stock, currently trading at $171.52, has delivered an impressive 567% return over the past year according to InvestingPro data.
Palantir delivered what Loop Capital described as "another exceptionally strong quarter," with revenue growth accelerating to 48% and free cash flow margins reaching 57%. The combined growth plus margin sum of 94% was characterized as "best in class among software companies, by far." This performance is supported by impressive gross profit margins of 80% and a healthy current ratio of 6.49, as reported by InvestingPro.
The strong performance was attributed to increased enterprise adoption of AIP in the US, new federal government contracts, and Palantir’s execution capabilities. Both US government and commercial segments contributed to the quarter’s success.
Management raised full-year revenue guidance, increasing the midpoint from 36% to 45% year-over-year growth, alongside growing profitability. Shares rose 4% in after-hours trading following the announcement.
Loop Capital views Palantir as "uniquely positioned to benefit from the accelerating adoption of enterprise AI and the ongoing digital transformation and modernization within the government sector," describing it as "the clear—and arguably only—pure-play public software option" for investors seeking exposure to these trends.
In other recent news, Palantir Technologies Inc. has reported significant revenue growth, with its second-quarter 2025 revenue increasing by 48%, reaching a $4 billion scale. This marks the eighth consecutive quarter of accelerating revenue growth for the company. Analysts have taken note of these impressive results, leading to several firms raising their price targets for Palantir. UBS increased its price target to $165 from $110, while Mizuho (NYSE:MFG) also raised its target to $165 from $135, both maintaining a Neutral rating. Goldman Sachs adjusted its price target to $141 from $90, citing Palantir’s strong position in AI strategy execution. Morgan Stanley (NYSE:MS) set a new price target of $155, up from $98, and noted the company’s impressive performance across key metrics. RBC Capital raised its target to $45 from $40, despite maintaining an Underperform rating, acknowledging Palantir’s revenue growth exceeding consensus estimates by about 7%. These developments highlight Palantir’s continued momentum in the market.
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