Palantir Technologies (PLTR) Signs a Multi-Year Contract Renewal With Airbus

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Profitable SaaS Companies for 2026. On February 10, Palantir Technologies Inc. (NASDAQ:PLTR) signed a multi-year contract renewal with Airbus to keep powering Skywise, which is an open data platform for civil aviation. The extension builds upon a decade-long partnership, which started in 2015 with Palantir’s French team handling development.

​Management noted that this strategic expansion comes at a critical time when the aerospace industry is under pressure to innovate. As a result of this collaboration, Palantir will continue providing its solutions and technology as per Airbus’s requirements.

​That said, on February 10, Daiwa Capital Markets upgraded the stock from Hold to Buy, but lowered the price target from $200 to $180. Earlier, on February 3, Deutsche Bank raised the price target on Palantir Technologies Inc. (NASDAQ:PLTR) from $160 to $200 and maintained a Hold rating on the stock.

​Analysts at Daiwa noted that the company’s Q4 earnings left a positive impression; however, valuation concerns resulted in the firm maintaining its Hold rating. Palantir Technologies Inc. (NASDAQ:PLTR) posted $1.41 billion in revenue in Q4 2025, reflecting 70% increase year-over-year and ahead of expectations by $65.44 million. Moreover, the EPS of $0.05 also topped consensus by $0.02. The performance was driven by a 137% year-over-year growth in US commercial revenue and 66% year-over-year increase in US government revenue.

​Palantir Technologies Inc. (NASDAQ:PLTR) builds software platforms for data integration and analytics, helping governments and businesses analyze vast datasets to uncover patterns and make decisions.

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Disclosure: None. This article is originally published at Insider Monkey.