J.P. Morgan covered Palantir for the first time, giving it an “gain” rating and a target price of $262 for December 2027, and included it in the analysts' focus list. The bank's analyst Brian Essex believes that the company's focus on AI is shifting from how to deploy it to how to obtain return on investment, and Palantir has helped customers improve business operations and achieve rapid simultaneous revenue and profit growth through AI platforms. Furthermore, the demand for autonomous AI control by enterprises and the government continues to rise, providing growth opportunities for the company. J.P. Morgan predicts that the company's free cash flow will average annual growth rate of 77% in the next three years up to 2028, and free cash flow in 2028 is about US$11.7 billion. It believes that its high growth and high profitability can support current valuations. At the same time, the bank added Palantir to the active catalytic watch list before the financial report, believing that the results announced on November 2 may have clearly exceeded expectations.

J.P. Morgan covered Palantir for the first time, giving it an “gain” rating and a target price of $262 for December 2027, and included it in the analysts' focus list. The bank's analyst Brian Essex believes that the company's focus on AI is shifting from how to deploy it to how to obtain return on investment, and Palantir has helped customers improve business operations and achieve rapid simultaneous revenue and profit growth through AI platforms. Furthermore, the demand for autonomous AI control by enterprises and the government continues to rise, providing growth opportunities for the company. J.P. Morgan predicts that the company's free cash flow will grow at an average annual rate of 77% in the next three years up to 2028, and free cash flow in 2028 is about US$11.7 billion. It believes that its high growth and high profitability can support current valuations. At the same time, the bank added Palantir to the active catalytic watch list before the financial report, believing that the results announced on November 2 may have clearly exceeded expectations.