Major Bank Ratings | Goldman Sachs: Lowers Palantir target price to $182, long-term ecosystem risks remain

Glonghui, February 4th｜Goldman Sachs released a research report stating that Palantir's fourth-quarter revenue exceeded market expectations by 5%, and EBIT profit margin was about 500 basis points higher. The 2026 revenue guidance is 14% higher than market expectations, and EBIT profit margin is about 700 basis points higher. Palantir is one of the few software companies benefiting from the deployment of artificial intelligence. The bank holds a positive short-term outlook for the company, but in the long term, it still faces ecosystem risks, namely that the total addressable market will increase, but as competition intensifies, the success rate may decline and valuation issues may arise. Therefore, it maintains a "Neutral" rating on the stock and lowers the target price from $188 to $182.