Rosenblatt Raises Palantir Price Target to $200 on Heightened Geopolitical Demand

Font: Financial Modeling Prep  • Mar 03, 2026

Rosenblatt raised its price target on Palantir Technologies Inc. (NASDAQ: PLTR) to $200 from $150 while maintaining a Buy rating, citing rising geopolitical tensions and increased demand for integrated data analytics solutions.

The firm referenced recent developments involving Anthropic’s AI models and subsequent U.S. government actions to phase out those technologies over a six-month period. Rosenblatt said the transition period provides sufficient time for agencies to migrate to alternative large language models supported by Palantir’s platform.

The analyst argued that global instability and the need for comprehensive wartime data solutions could lead to additional large-scale contracts similar to the U.S. Army agreement that consolidated 75 contracts into one with Palantir.

Rosenblatt stated that for military operations, data analysis capability is the key performance attribute for large language models, and that viable alternatives to Anthropic’s Claude model exist in this domain.

The firm’s initial $150 target had been based on a 0.9x PEG ratio using its 2027 Street-high estimates. It now raised its PEG assumption to 1.2x, equivalent to 88x projected 2027 EPS, resulting in the increased $200 price target.