Here is why Palantir Technologies Inc. (PLTR) is among the 12 Best Cybersecurity Stocks to Buy and Hold for the Long Term With a 5-year EPS growth forecasted at 59.78%, Palantir Technologies Inc. (NASDAQ:PLTR) is among the 12 Best Cybersecurity Stocks to Buy and Hold for the…
ng Term. On June 18, Oligo Security announced that it had joined Palantir Technologies Inc. (NASDAQ:PLTR) FedStart program, a strategic initiative designed to accelerate the path to federal cybersecurity certifications
Through the collaboration, Oligo aims to achieve FedRAMP High authorization and U.S. Department of Defense Impact Level 5 compliance more efficiently, enabling government agencies to secure applications, cloud workloads, and artificial intelligence systems through a unified security platform. By leveraging Palantir’s established security infrastructure, cloud expertise, and extensive experience with government compliance requirements, Oligo expects to significantly reduce the time required to obtain Authority to Operate for federal deployments, further demonstrating the value of Palantir’s expanding government-focused software ecosystem.
Earlier, on June 16, Wolfe Research upgraded Palantir Technologies Inc. (NASDAQ:PLTR) to Peer Perform from Underperform after resuming coverage of the stock. While the firm did not assign a price target, it acknowledged that Palantir’s significantly improved growth outlook and expanding profit margins have materially strengthened the company’s investment profile. Wolfe Research noted that the stock’s current valuation already reflects much of this operational improvement, highlighting the substantial progress Palantir has made in scaling both its commercial and government businesses while maintaining strong financial performance.