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William Blair on Palantir (PLTR): 'We would not be surprised if Palantir shares traded lower tomorrow'

June 17, 2025 8:16 AM EDT

William Blair analyst Louie DiPalma reiterated a Market Perform rating and {REMOVEPT} price target on Palantir Technologies Inc. (NASDAQ: PLTR)

The analyst comments "After the market close, the Chief Digital and Artificial Intelligence Office (CDAO) announced that it awarded OpenAI a $200 million/1-year program to develop prototype AI solutions. According to our Dotted Line tracker, this is OpenAIs first significant Department of Defense award. It represents a milestone for the company, and a sign of things to come. This contract is one of the largest Department of... More