TLDR
- Wedbush’s Dan Ives maintained a Buy rating on PLTR with a $230 price target, implying ~48% upside
- Palantir and Nvidia announced a sovereign AI operating system combining Nvidia hardware with Palantir software
- AIPCon 9 featured GE Aerospace, Centrus Energy (LEU), and LG CNS showcasing live Palantir deployments
- The Centrus Energy deal could save ~$300 million through improved operational efficiency
- PLTR has a Moderate Buy consensus on TipRanks with an average price target of $193.50
Palantir Technologies (PLTR) got a vote of confidence from Wedbush analyst Dan Ives this week, following a busy run of partnership announcements and its ninth AIPCon conference.
Palantir Technologies Inc., PLTR
Ives kept his Buy rating on the stock and held his price target at $230 — about 48% above where the stock is currently trading. He called Palantir’s recent AI deals “growth catalysts,” pointing to the company’s approach of weaving together data, software, and AI tools as a key advantage.
The headline deal is a partnership with Nvidia (NVDA) to build what the two companies are calling a sovereign AI operating system. Nvidia brings the hardware — including its Blackwell GPUs — while Palantir provides the software layer, including AIP, Foundry, Apollo, and AIP Hub.
The idea is a turnkey system that organisations can run on-premise, at the edge, or in the cloud without sending data to a third-party provider like AWS, Google Cloud, or Azure. For government agencies and large enterprises, that kind of data control matters.
Palantir held AIPCon 9 on March 12 in Kent Island, Maryland. The conference has become a place where actual customers talk through how they’re using the platform, which makes it a useful reality check on where the business actually stands.
GE Aerospace and Centrus Take Centre Stage
GE Aerospace (GE) used its slot to explain how it’s leaning harder into Palantir’s agentic AI tools. The technology is being used to flag equipment failures before they happen, ease supply chain bottlenecks, and cut down on manual spreadsheet work inside complex manufacturing operations.
Centrus Energy (LEU) gave arguably the most concrete use case. The company is using Palantir’s platform to connect classified and unclassified systems as part of the push to restart domestic uranium enrichment in the US. Palantir and Centrus said the deal could save around $300 million through better operational efficiency.
LG CNS, part of LG Corporation, also presented at the event. The company expanded its enterprise AI partnership with Palantir, building on a deal the two signed in late 2025.
Two other deals rounded out the week. Palantir teamed with Ondas Holdings (ONDS) and World View Enterprises to build an AI-powered platform for surveillance and autonomous system coordination. A separate collaboration with GE Aerospace targets military aircraft readiness for the US Air Force.
Analyst Consensus and Valuation
The broader analyst view on PLTR is cautiously positive. TipRanks shows a Moderate Buy consensus based on 14 Buy ratings, four Holds, and two Sells. The average price target across those analysts is $193.50, implying about 24.8% upside from current levels.
PLTR has gained 84.9% over the past year. Over five years, the stock is up close to 500%.
One persistent criticism of Palantir is its reliance on government revenue, which accounts for roughly 55% of total sales. The Nvidia partnership could strengthen its position with the US government while potentially opening doors to international clients.
The Centrus Energy and GE Aerospace deals were both live and active as of March 12, 2026.
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