So, you know how every company is trying to figure out this whole AI thing? Palantir Technologies Inc. (PLTR) just landed a pretty big vote of confidence for its particular approach. On Monday, the company announced it has renewed and expanded its partnership with automotive giant Stellantis NV (STLA), locking in a new five-year deal. The goal is to turbocharge the automaker's use of data and artificial intelligence across its sprawling global operations.
Think of it as Palantir getting the keys to more of the factory.
Scaling the AI Factory Floor
The expanded deal has two main parts. First, Stellantis will broaden its use of Palantir's core data-operating system, Foundry. Second, and perhaps more importantly, it will start rolling out Palantir's newer Artificial Intelligence Platform (AIP) across specific business functions and regions.
Here's the simple breakdown: Foundry is the system that corrals all of a company's messy, scattered data into one organized, usable hub. AIP is the layer that then plugs generative AI and other smart tools directly into a company's workflows, but with built-in governance and security controls. It's about making AI useful and safe, not just flashy.
For Stellantis—the parent of brands like Jeep, Ram, and Peugeot—this combo is meant to solve a classic big-company problem. Data gets stuck in silos, decisions are slow, and it's hard to see the whole picture. By linking AIP to the data foundation already built in Foundry, Palantir aims to help Stellantis make faster, better-informed decisions everywhere from supply chain logistics to manufacturing.
It also feeds directly into Stellantis's "Data4All" strategy, which is essentially about getting secure data access to more teams across the company. François Bohuon and Grégoire Omont, Palantir's leads in France and Europe, put it this way: "By combining Foundry and AIP, we are helping Stellantis embed secure, governed AI at the heart of its operations — turning data into a decisive advantage across every function and geography."
What's the Market Saying About Palantir?
Okay, so the deal sounds good for the business. But what about the stock? The picture there is a bit more mixed.
On the technical side, Palantir's shares were recently trading about 5.5% below their 20-day moving average and 12.2% below their 100-day average. That often suggests some bearish pressure in the short to medium term. The Relative Strength Index (RSI) sits at a neutral 42.24, while the MACD indicator is in bearish territory. So, the momentum signals are conflicting.
Zoom out, and the story changes. Over the past year, the stock is up a whopping 69.50%, trading much closer to its 52-week highs than its lows. Key technical levels to watch are resistance around $161.50 and support near $126.50.
The real story, however, might be in the fundamentals and what analysts think. Palantir is expected to report earnings around May 4, 2026. Estimates are calling for earnings per share to double to 26 cents, with revenue nearly doubling to $1.54 billion. That growth comes at a price: the stock trades at a sky-high P/E ratio of 227.1x, a clear premium valuation.
Analysts seem willing to pay up for that growth. The consensus rating is a Buy, with an average price target of $173.11. Recent moves include Rosenblatt and UBS setting $200 targets, and Wedbush maintaining an Outperform rating with a $230 target.
A simplified market data scorecard highlights this dichotomy perfectly. It shows an extremely weak "Value" score of 1.45, reflecting that steep premium. But it pairs that with an exceptionally strong "Growth" score of 98.56. The "Momentum" score is a neutral 68.79. The verdict? This is a classic growth stock: all about future potential, with little regard for today's price tag.
