Palantir (PLTR) Stock Soars as Boeing Partnership Fuels AI Defense Push

TLDR

Table of Contents

Palantir signed a deal with Boeing’s Defense, Space & Security unit to integrate AI systems across factories and programs using the Foundry platform
Bank of America raised PLTR price target to $215 from $180, citing strong growth in applications and expanding defense partnerships
Stock has surged 141.4% year-to-date and 15% in the past month despite analyst concerns about valuation
Recent UK Ministry of Defence contract worth up to £1.5 billion adds to growing government business momentum
Wall Street maintains Hold rating with average price target of $159.47, suggesting 12.6% downside from current levels

Palantir Technologies keeps adding major defense contracts to its growing portfolio. The data analytics company just announced a partnership with Boeing’s Defense, Space & Security division to bring AI capabilities across the aerospace giant’s operations.

BOEING $BA AND PALANTIR $PLTR JUST ANNOUNCED A NEW PARTNERSHIP
Boeing and Palantir just announced the 2 companies are working together to integrate artificial intelligence (AI) systems and software across Boeing Defense, Space & Security (BDS) factories and programs. pic.twitter.com/9uDaNABhSw
— Evan (@StockMKTNewz) September 23, 2025

The deal centers around Palantir’s Foundry platform. This AI-powered system will help Boeing standardize data analytics across its defense factories worldwide.

Steve Parker, CEO of Boeing Defense, Space & Security, praised the partnership. He called Palantir a leader in using artificial intelligence for military applications.

The collaboration goes beyond basic analytics. Palantir will support several classified initiatives for Boeing’s most sensitive military projects.

This Boeing deal comes as PLTR stock continues its impressive run. Shares have jumped 15% in just the past month.

Stock Performance Drives Analyst Attention

The year has been exceptional for Palantir investors. Stock gains have reached 141.4% since January, pushing shares near their 52-week high around $190.

Bank of America took notice of this momentum. The firm raised its price target to $215 from $180 while keeping a Buy rating.

The upgrade highlighted Palantir’s expanding global defense partnerships. BofA analysts see strong growth potential in the company’s applications business.

Revenue growth has been impressive across the board. Palantir posted 38.79% revenue growth over the past year with gross margins near 80%.

The company’s Q2 results exceeded expectations. Quarterly revenue crossed the $1 billion mark for the first time in company history.

Government Contracts Fuel Growth Outlook

Recent contract wins show Palantir’s growing influence in defense markets. The UK Ministry of Defence signed a five-year deal worth up to £1.5 billion with the company.

NATO also selected Palantir’s Maven Smart System earlier this year. The system will enhance battlefield decision-making capabilities for the alliance.

Analysts project government sales could reach $8 billion by 2030. This would represent a 30% compound annual growth rate between 2025 and 2030.

The defense sector momentum comes as commercial business also grows. Palantir raised its full-year guidance based on demand for AI offerings across both segments.

Other Wall Street firms remain more cautious about the stock’s valuation. Mizuho and UBS both maintain Neutral ratings with $165 price targets.

William Blair also kept a Market Perform view on the shares. The firm hasn’t disclosed specific price targets for the stock.

Overall Wall Street sentiment reflects this mixed outlook. The consensus rating remains Hold based on five Buy, 12 Hold, and two Sell recommendations.

The average price target sits at $159.47, suggesting potential downside of 12.6% from current trading levels.

Bank of America’s $215 target represents the highest on Wall Street. The firm sees continued growth in both government and commercial applications driving the stock higher.

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