Morgan Stanley Maintains Overweight on Palantir, $115 Price Target
- Rating
- Overweight
- Unchanged
- Target
- $115
- Outcome
- Reached
- on April 29, 2025
What the analyst said
Morgan Stanley analyst Sanjit Singh reiterated an Overweight rating and $115 price target on Palantir Technologies Inc.
(NASDAQ: PLTR).
“Overall, the initial guide is fine and in the realm of expectations with the development outlook a bit better than some had feared following management’s comments at ICR and should drive the narrative today, in our view.
The SSS forecast is a bit disappointing relative to Street expectations but in an absolute sense is solid with the midpoint implying a ~50-bp acceleration vs. ’24, notable relative to most companies we cover.
In addition, barring any new info on the call, we think the guide is likely to be viewed conservatively given the <12-month tenure of both the CEO and CFO.”
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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 $115 target is 54% below the median, the lowest on the Street.
Since the note PLTR has moved +93% (from $90.68). The 12-month window closed on February 25, 2026.
Track record
This call✓ Target reached on April 29, 2025, 2 months after the note.
Firm track recordMorgan Stanley: 81% of its 48 targets at least a year old were reached within 12 months (#9 of 26 firms); on Palantir, 3 of 6. Accuracy ranking →
Morgan Stanley on Palantir
Morgan Stanley price targets on Palantir
8 calls from January 6, 2025 to November 3, 2026. The target went from $60 to $233 (+288%). The rating moved from Sell to Hold.
- November 3, 2026Target raised from $205 (+14%)Hold$233
- November 4, 2025Target raised from $155 (+32%)Hold$205
- August 5, 2025Target raised from $98 (+58%)Hold$155
- May 6, 2025Target raised from $90 (+9%)Hold$98
- April 16, 2025Downgraded to Hold, target cut from $115 (−22%)Hold$90
- February 25, 2025 This noteUpgraded to Buy, target raised from $95 (+21%)Buy$115
- February 4, 2025Upgraded to Hold, target raised from $60 (+58%)Hold$95
- January 6, 2025Earliest call shownSell$60
