Palantir Target Cut to $190 After 70% Q4 Growth; Robinhood ETFs Outpace Shares
Phillip Securities analyst Paul Chew cut Palantir’s price target from $208 to $190 and reiterated a Buy rating after Q4 revenue expanded 70% and EPS reached $0.25. On Robinhood, two ETFs rank among the top 10 holdings and ETFs comprise eight of the top 20 positions, outpacing Palantir shares.
1. Analyst Lowers Price Target to $190
On February 16, Phillip Securities analyst Paul Chew cut Palantir’s price target from $208 to $190 and maintained a Buy rating. He highlighted the company’s robust Q4 results, with revenue up 70% year-over-year and EPS of $0.25, noting continued competition in the AI market.
2. Robinhood Retail ETF Preference
On the Robinhood platform, two ETFs rank among the top 10 holdings by retail investors, and ETFs represent eight of the top 20 positions. Palantir shares rank below these funds, underscoring a shift in retail trading preferences toward diversified ETFs over individual AI stocks.