智通财经网·2026-01-13 07:06Core Viewpoint - Citigroup upgraded its rating for Palantir (PLTR.US) from "Neutral" to "Buy/High Risk," raising the target price to $235, citing an expected "super cycle" in both commercial and government sectors this year [1] Group 1: Company Performance - Palantir's stock has seen remarkable growth in recent years, driven by accelerated growth and impressive margin expansion, breaking traditional valuation frameworks [1] - Despite a more than 10% increase in revenue forecasts for 2025/2026 compared to mid-last year, Palantir's stock price has remained relatively flat [1] Group 2: Future Projections - Citigroup anticipates that 2026 will likely be another year of significant positive forecast revisions, supported by increasing AI budgets and use cases among enterprises [1] - The government business of Palantir is expected to grow at a rate of 51% in fiscal year 2026, representing an increase of approximately 800 basis points year-over-year, potentially exceeding market expectations and reaching 70% or higher [1] Group 3: Industry Insights - The forecast is based on the accelerating defense super cycle and favorable factors, including the lagging effects of a potential government shutdown in 2025 and modernization efforts among U.S. allies [2] - Key defense initiatives, such as the "Iron Dome" program, are expected to serve as potential catalysts throughout the year, although they may have a more significant impact on 2027 data [2]