10 AI Stocks to Keep on Your Radar

6. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 81

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 AI Stocks to Keep on Your Radar. On February 2, RBC Capital analyst Rishi Jaluria reiterated an Underperform rating on the stock with a $50.00 price target. The firm holds its bearish view on PLTR despite its strong guidance and beat.

The firm highlighted how Palantir reported a solid beat, with 2026 revenue growth guidance of 61% ahead of consensus at 41%. Fourth quarter revenue beat consensus by 5%, and shares rose roughly 8% after hours. Growth accelerated meaningfully across both commercial and government segments. Commercial revenue was up 82% year-over-year and government revenue up 60%, both exceeding consensus.

Margins and earnings also surprised to the upside. First-quarter revenue guidance of $1,532–$1,536M implies an estimated 74% YoY increase and is well above Street expectations. Palantir also projected an adjusted operating margin midpoint of an estimated 72%, well above the consensus of 48.3%.

Adj. operating margin was 57% (vs. consensus: 52.3%), while adj. EPS was $0.25 (consensus: $0.23). 1Q revenue guidance calls for $1,532–$1,536M (~74% YoY), above consensus at ~$1,326M, while adj. operating margin midpoint was set at ~72%, above consensus of 48.3%. 2026 revenue guidance was set at $7,182–$7,198M (above consensus at ~$6,295M) and US Commercial revenue guidance exceeds $3.14B which represents at least 115% YoY growth. 2026 Adj. operating margin midpoint was set at ~71%, above consensus of 49.9%, while adjusted free cash flow guidance was set at $3.925–$4.125B, above consensus of ~$2.8B. On the earnings call (5:00pm ET), we look for more detail on AIP upselling trends, updates on the federal spending environment, and any one-time nuances.

Palantir Technologies Inc. (NASDAQ:PLTR) is a leading provider of artificial intelligence systems.