Wall Street has turned sharply bullish on Palantir Technologies after the stock recovered from a 38% slide. The data‑analysis firm rose 5.8% on Monday, extending a four‑session gain to 13% as geopolitical tension over Iran heightened demand for its defense solutions. Investors see the company’s deep ties to U.S. military contracts as a durable growth engine in the current market.

Eight analysts upgraded the stock last month, lifting buy ratings to 20 of 31 covered firms. A recent $100 million Maven Smart System contract and a prior $10 billion Army deal underscore its government foothold. Valuation remains steep—roughly 104‑times forward earnings and 45‑times sales—but the consensus price target of $190 implies a 31% upside from Monday’s close for investors seeking exposure to defense AI.

Analysts argue Palantir sits at the intersection of AI and data‑driven government spending, a narrative reinforced by its recent earnings beat and a projected 73% revenue surge—the fifth‑largest outlook in the S&P 500. With supply‑chain risk assessments gaining urgency amid Middle‑East turmoil, the firm could capture new commercial contracts, cementing its position as a rare growth play in a volatile environment.