Freedom Broker Lifts Palantir (PLTR) Price Target After Strong Results

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 10 Best Aggressive Growth Stocks to Buy According to Wall Street Analysts. On May 11, Freedom Broker lifted its price target on Palantir Technologies Inc. (NASDAQ:PLTR) from $170 to $230 while keeping a Buy rating on the stock.

The research firm pointed to the company’s Q1 2026 results, which surpassed guidance and analyst estimates. The main driver was the US government segment, which saw unprecedented demand for national security solutions. This high demand created a shortage in implementation capacity.

Freedom Broker Lifts Palantir (PLTR) Price Target After Strong Results

Due to this pressure, Palantir Technologies Inc. (NASDAQ:PLTR) had to strictly prioritize defense contracts over commercial deals. In response to the demand, management also significantly lifted its fiscal 2026 guidance across key metrics.

Freedom Broker updated its financial model and materially raised its estimates for revenue and adjusted free cash flow from 2026 through 2028. The research firm pointed out that even though competition for top AI talent is growing, Palantir Technologies Inc. (NASDAQ:PLTR) still has a unique structural advantage.

Palantir Technologies Inc. (NASDAQ:PLTR) is an American software company that specializes in big data analytics and AI platforms. The company serves key government and commercial enterprises.

While we acknowledge the risk and potential of PLTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PLTR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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