New York, March 1, 2026, 10:41 EST — Market closed.
- Palantir shares finished their most recent session at $137.19, gaining 0.9% as February delivered plenty of price swings.
- UBS bumped its rating up to buy, tagging a $180 price target. Rosenblatt started out at buy as well, but with a $150 target.
- Friday’s U.S. jobs report is on investors’ radar, giving them another data point to gauge rate expectations and appetite for risk.
Palantir Technologies Inc (PLTR.O) starts the week with a double dose of optimism from Wall Street. UBS lifted its rating to buy, while Rosenblatt jumped in with a fresh buy call of its own. 1
Investors kicked off March still locked in debate: which software stocks stand to benefit from artificial intelligence, and which ones could end up on the losing side? “There continues to be this back and forth about … who will actually emerge winners,” said Kristina Hooper, chief market strategist at Man Group. 2
Palantir ended Friday’s session at $137.19, gaining 0.92%. Shares have moved sharply this year, with a 52-week low of $66.12 and a high of $207.52, reflecting the stock’s rapid shifts in sentiment. 3
UBS analysts led by Karl Keirstead are sticking with a $180 price target, calling shares “very attractive” now that they’re trading around 50 times 2027 free cash flow projections—free cash flow being what’s left after operating expenses and capital spending. The team said partner checks continue to signal “exceptional” demand, and their latest research hasn’t turned up “any material emerging competition” from either the big cloud names, Databricks, or AI model suppliers. 4
Rosenblatt initiated coverage on Palantir with a buy rating and a $150 price target, describing the company as a “market-disrupting AI software leader.” Shares are off roughly 33% from their October peak, according to the firm, which now sees a more attractive entry. 5
No shortage of volatility lately. February saw U.S. stocks slide, dragged by AI-related nerves, tariffs looming again, and fresh geopolitical strains. The S&P 500 and Nasdaq both notched their sharpest monthly declines since March 2025, according to Reuters. 6
This week is packed with potential market movers for bond yields and the high-multiple software stocks that tend to follow their lead. Monday kicks off with ISM manufacturing figures. Then, Wednesday brings the ADP private payroll numbers and the Federal Reserve’s Beige Book. Investors will also be watching for Friday’s U.S. jobs report and the postponed January retail sales data, both due the same day. On top of that, Broadcom, CrowdStrike, Target, and Costco are all slated to report earnings. 7
The risk here stands out. Should markets shift back to a defensive stance—or if clients suddenly rein in spending—the valuation narrative could move against Palantir in a hurry, upgrades notwithstanding.
Traders are set to see if Monday brings more buying after the analyst calls, or if the action fades again while the market holds for new macro data.
Friday brings the next major inflection point: the February U.S. jobs data lands at 8:30 a.m. ET. That release has the power to jolt both rate bets and risk appetite, all at once. 8
