BofA Raises Palantir Price Target to $90

Analyst: Mariana Perez Mora 1 min read Reproduced verbatim
Rating
Buy
Target
$90
from $75 (+20%)
Outcome
Reached
on February 4, 2025
Bank of America and Palantir logos

What the analyst said

BofA Securities analyst Mariana Perez Mora raised the price target on Palantir Technologies Inc.

(NASDAQ: PLTR) to $90 (from $75) while maintaining a Buy rating.

“We remain bullish ahead of Palantir (PLTR) 4Q24 earnings results tonight.

We expect the company to print topline results above their $767-771mn outlook range fueled by continued strong momentum in both US Government and US Commercial end-markets.

We expect the company to provide a 2025e growth outlook in the mid 20%s, with room for beat and raise throughout the year. We expect a 27% Y/Y growth in 2025e (2-3pts above the Street consensus).

Additionally, we think Palantir is strongly positioned to beat the market expectations in the outyears. Consensus expects 20% annualized growth, vs. our accelerating growth of 30% in 2026e and 2027e.”

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This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

PLTR trades at $175. The 17 analysts who set a target in the last 3 months range from $130 to $265, with a median of $250. This $90 target is 64% below the median, the lowest on the Street.

Since the note PLTR has moved +113% (from $82.49). The 12-month window closed on February 3, 2026.

Track record

This call✓ Target reached on February 4, 2025, 1 day after the note.

Firm track recordBank of America: 82% of its 49 targets at least a year old were reached within 12 months (#8 of 26 firms); on Palantir, 4 of 5. Accuracy ranking →

Bank of America on Palantir

Bank of America price targets on Palantir

7 calls from February 3, 2025 to August 4, 2026. The target went from $90 to $255 (+183%). The rating stayed Buy.

Bank of America targetPLTR share price
  1. August 4, 2026Kept the $255 targetBuy$255
  2. November 4, 2025Target raised from $215 (+19%)Buy$255
  3. September 23, 2025Target raised from $180 (+19%)Buy$215
  4. August 5, 2025Target raised from $150 (+20%)Buy$180
  5. July 15, 2025Target raised from $125 (+20%)Buy$150
  6. February 4, 2025Target raised from $90 (+39%)Buy$125
  7. February 3, 2025 This noteEarliest call shownBuy$90
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.