Palantir: Strong Buy With AI Dominance

Palantir earns a Strong Buy rating driven by deep enterprise integration and high client dependency on its AI Platform. Key Q4 FY25 metrics include 954 customers, 139% net dollar retention, and 45% revenue growth per top 20 customer. Government contracts, including the Maven program, secure multi-year revenue streams in defense. Despite a premium 112x FY26 P/E valuation, margins above 50% FCF and projected 30-35% annual revenue growth support a price target of $155-$180.