Major Bank Ratings | UBS: Palantir is a Clear Winner in the AI Development Wave, Rating Upgraded to "Buy"

Glonghui March 2｜UBS released a research report, upgrading Palantir's investment rating from "Neutral" to "Buy", believing that after a 35% pullback from its peak, the current price level is equivalent to about 50 times the forecasted free cash flow for 2027, making the valuation attractive. The bank emphasized that Palantir is positioned in two capital expenditure-intensive areas: AI and data, and expects revenue to achieve 70% growth this year, with profit margins remaining stable at around the mid-50% level. The bank also stated that Palantir is a clear winner in the wave of AI development and maintains its target price at $180.