This Wall Street Analyst Sees 30% Upside in Palantir. Is It Time to Buy the Stock?

The article “This Wall Street Analyst Sees 30% Upside in Palantir. Is It Time to Buy the Stock?” centers on Palantir Technologies’ rebound outlook despite a difficult period. It says the company is down more than 20% in 2026 so far, but analyst Gil Luria of DA Davidson upgraded the stock from neutral to buy and lifted his price target from $165 to $175 earlier this month. Luria argues Palantir has advantages over other SaaS firms because enterprises increasingly need an AI orchestration layer that can switch AI models. The article notes Palantir trades at a forward P/S of 45.5 and a forward P/E near 93, while U.S. commercial revenue grew 133% last quarter. It also cites metrics including 42% customer growth year over year, 150% net dollar retention, and Palantir AIP “boot camps” that run over seven days.