New York, Feb 18, 2026, 10:24 (EST) — Regular session
- Palantir climbed roughly 5% after Mizuho bumped its rating to Outperform and set a $195 price target.
- Palantir is shifting its headquarters out of Denver, setting up shop in Miami instead.
- Attention shifts to the Fed minutes, out later Wednesday.
Shares of Palantir Technologies Inc climbed 5.3% to $140.07 early Wednesday, getting a lift after Mizuho bumped its rating up to “Outperform” and slapped a $195 price target on the stock. (MarketScreener)
This call carries weight—Palantir’s name has been at the center of the AI trade, marked by lofty hopes and wild price shifts. Broker notes can send it flying. High-growth software names saw a slump earlier this year, and now investors are scanning for any hint that the selling is done.
It’s a day dominated by renewed rate chatter. Growth names like Palantir often move with bond yields—higher rates chip away at the present value of profits that are years out.
Mizuho says the valuation reset has shifted the picture. The firm called Palantir “in a category of one” and highlighted a 46% decline in its estimated 2026 EV/FCF multiple—a metric comparing enterprise value to free cash flow—calling the “risk/reward now attractive.” (Investing)
Palantir announced Tuesday it’s shifting its headquarters from Denver, Colorado to Miami, Florida, but offered no further explanation. The stock gained roughly 1% that day, though it’s still down about 25% for 2026, according to Investopedia. (Investopedia)
Palantir disclosed a 9.4% stake in Surf Air Mobility Inc, holding 5,947,882 shares as of December 31, 2025, according to a regulatory filing accepted late Tuesday. (SEC)
U.S. indexes picked up some ground, boosted by a bounce in tech shares, while investors kept an eye out for new signals from the Federal Reserve. (Reuters)
Palantir’s bread and butter is its data-analysis software—governments and private sector clients use it to mine big datasets and automate workflows. Lately, the company has been pushing its Artificial Intelligence Platform, or AIP, aiming to convince firms they can build AI tools right on their own data stacks.
Still, Palantir’s shares keep running into the same snag: valuation risk. Should interest in fresh AI projects fade, or if U.S. commercial signings lose steam after the surge, the stock isn’t shy about moving lower — particularly with a market that remains skittish on rates.
Investors are eyeing responses from rival brokerages, along with more clarity on the Miami relocation—especially if it’s going to affect staffing levels or expenses.
Investors are watching for the Fed’s January meeting minutes, due out at 2 p.m. EST—a release that has the potential to move rate forecasts and, by extension, demand for growth names such as Palantir. (Reuters)
