Palantir Technologies is positioned for robust growth, making it an attractive opportunity for investors, according to Rosenblatt. The investment firm maintains a buy rating on the software stock, having raised its price target to $260 from $225—implying approximately 31% upside from Monday’s close. Analyst John McPeake noted in a Monday note that checks suggest continued strong growth, with expectations of further upside. The shift toward large-scale enterprise AI deployments should enable Palantir to onboard significant new logos while preserving its unmatched net revenue retention rate. McPeake also observed that Palantir’s total addressable market is likely more than an order of magnitude larger than previously estimated, comparing the firm’s de facto enterprise operating system to a computer operating system that directs program processing—a nod to Dr. Karp. This prompts the question: what organization does not need an enterprise operating system? The target adjustment comes as traders brace for third-quarter results due November 2. LSEG analysts expect Palantir to report nearly 100% earnings growth from the year-earlier period, with revenue expanding by more than 80%. Rosenblatt’s stance aligns with Wall Street consensus, as 25 of 34 analysts covering the stock rate it a buy or strong buy. Year-to-date, shares have risen nearly 12%. PLTR YTD mountain PLTR in 2026
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