In a move that caught traders’ attention overnight, Goldman Sachs revisited its price target and analyst coverage on Palantir, citing a more constructive long-term view on its commercial and government AI solutions. While the exact revisions to the target price haven’t been publicly disclosed yet, the sentiment appears more favorable than previous neutral stances from the institution.
Palantir remains uniquely positioned in AI infrastructure, especially across federal and defense sectors,” the note highlighted.
This builds on the company’s strong Q4 performance and recent upward earnings guidance, which had already sparked positive sentiment in early 2025.
Palantir’s chart reflects a strong uptrend since late 2024, followed by a healthy consolidation. Today’s pre-market uptick is putting pressure on key resistance zones once again.
The latest pre-market bounce in Palantir stock shows that the market is responding to institutional cues. With Goldman Sachs softening its stance, PLTR could regain favor with the broader investing public—especially if technicals align with further bullish commentary.
If today’s momentum holds through the session and beyond $96, Palantir may not just be bouncing—it could be gearing up for a second AI surge in Q2.
This post was last modified on Mar 28, 2025, 12:23 GMT 12:23