Palantir Eyes Defense AI with $570M Q4 Government Sales and $191.14 Target
Palantir’s Q4 FY25 revenue included $570 million in U.S. government sales (+66% YoY), 954 customers (+34%), 139% net dollar retention and 45% revenue growth among its top 20 clients. Analysts keep a Buy rating with a $191.14 target as Palantir deepens Bain and Stellantis partnerships and leads defense AI.
1. Q4 FY25 Financial Highlights
In Q4 FY25 Palantir posted $570 million in U.S. government revenue, a 66% year-on-year increase. The company served 954 customers, up 34% annually, achieved 139% net dollar retention and saw 45% revenue growth among its top 20 accounts.
2. Defense AI Leadership
Palantir’s Gotham platform is embedded in key intelligence workflows, positioning it as a first mover as governments integrate AI into defense operations. This structural shift could drive new multi-year contracts in the fiscal 2026 budget cycle.
3. Analyst Outlook and Strategic Partnerships
Analysts maintain a Buy rating with a $191.14 price target, highlighting Palantir’s expanding partnerships with Bain and Stellantis as catalysts for enterprise adoption. Earnings are scheduled for May 4, 2026.