RBC Capital Palantir · PLTR

RBC Capital Raises Palantir Price Target to $40

Analyst: Rishi Jaluria 1 min read Reproduced verbatim
Rating
Underperform
Target
$40
from $11 (+264%)
Outcome
Missed
within 12 months
RBC Capital and Palantir logos

What the analyst said

RBC Capital analyst Rishi Jaluria raised the price target on Palantir Technologies Inc.

(NASDAQ: PLTR) to $40 (from $11) while maintaining an Underperform rating.

“Palantir reported a solid quarter and set 2025 guidance ahead of consensus, leading shares up 23% after-hours — somewhat bolstered by retail investors supporting the stock.

Overall, both Government and Commercial results were better than expectations, but our concerns about the runway for growth and product differentiation remain.

While 2025 numbers move higher on guidance well ahead of consensus, we question conservatism.

Putting that together, we raise our price target to $40 on higher estimates and improved profitability, but we continue see the risk-reward skewing unfavorable with shares trading at a premium multiple.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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 $40 target is 84% below the median, the lowest on the Street.

Since the note PLTR has moved +109% (from $83.74). The 12-month window closed on February 4, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note PLTR closed at $140, 249% above the $40 target, and it moved the other way.

Firm track recordRBC Capital: 50% of its 16 targets at least a year old were reached within 12 months (#26 of 26 firms); on Palantir, 0 of 3. Accuracy ranking →

RBC Capital on Palantir

RBC Capital price targets on Palantir

8 calls from February 4, 2025 to October 28, 2026. The target went from $40 to $90 (+125%). The rating stayed Sell.

RBC Capital targetPLTR share price
  1. October 28, 2026Kept the $90 targetSell$90
  2. July 31, 2026Target raised from $50 (+80%)Sell$90
  3. February 2, 2026Kept the $50 targetSell$50
  4. January 27, 2026Kept the $50 targetSell$50
  5. November 4, 2025Target raised from $45 (+11%)Sell$50
  6. October 28, 2025Kept the $45 targetSell$45
  7. August 5, 2025Target raised from $40 (+13%)Sell$45
  8. February 4, 2025 This noteEarliest call shownSell$40
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Other analysts on Palantir

StoneXHold Kept rating Nov 3 Goldman SachsBuy Kept rating and price target Nov 3 $235maintained RosenblattBuy Kept rating and price target Nov 3 $260maintained BairdBuy Kept rating and price target Nov 3 $250maintained UBSBuy Kept rating and price target Nov 3 $250maintained
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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.