Mizuho Keeps ‘Neutral’ Rating on Palantir
Mizuho analyst Gregg Moskowitz lifted on August 5, 2025, the price target on Palantir Technologies to $165 (from $135). A ‘Neutral’ rating was maintained.
“In our recent upgrade note, we noted PLTR’s legitimate potential to accelerate total revenue growth for a 5th consecutive quarter. The company delivered, and then some.
Total revenue growth of 48% Y/Y trounced last quarter’s 39% growth and the Street’s ~38% forecast for 2Q, driven by acceleration in US Commercial and Government.
Mgmt guided to 50% revenue growth for 3Q, and meaningfully raised 2025 guidance.
PLTR’s recent execution has been stunning, with material upward revisions across both Commercial and Government.
That said, the stock’s multiple remains extreme, dramatically above anything else in software.
While we continue to worry that the shares could suddenly be subject to material multiple reversion at some point over the next few quarters, PLTR’s uniqueness demands substantial credit.
We believe PLTR is increasingly well-positioned to benefit from long-term trends in AI, government digital transformation, and industrial modernization.
Reiterate Neutral and raise PT to $165 (from $135).”
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