Baird Lifts Palantir’s Price Target to $170

Baird analyst William Power raised on August 5, 2025, the price target on Palantir Technologies to $170 (from $100), while maintaining a ‘Neutral’ rating.

“Another gusher.

Yesterday, PLTR reported strong Q2 results, marking the eighth consecutive quarter of accelerating total revenue growth (48% vs. 39% in Q1) and raised full-year guidance once again.

U.S. commercial and U.S. Government remain key drivers, growing 93% and 53% YOY.

The company also laid out ambitious five- year aspirations for increasing revenue 10-fold while improving efficiency.

While revenue acceleration and AI leadership could continue to drive shares, we have been wary of valuation.”

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.