Piper Sandler Palantir · PLTR

Piper Sandler Raises Palantir Price Target to $182

Analyst: Brent Bracelin 1 min read Reproduced verbatim
Rating
Overweight
Target
$182
from $170 (+7%)
Downside
−1%
PLTR at $184 today
Piper Sandler and Palantir logos

What the analyst said

Piper Sandler analyst Brent Bracelin raised the price target on Palantir Technologies Inc.

(NASDAQ: PLTR) to $182 (from $170) while maintaining an Overweight rating.

“Robust Q2 demand across both government and U.S. commercial were supportive of the intermediate-term bull-case scenario on PLTR (30-35%+ CAGR), punctuated by the biggest absolute dollar beat ever ($68M above mid-point guide) with top-line growth accelerating for the 8th straight quarter to 48% (vs.

39% prior). The 10-year $10B Army Deal strengthens the case for further government share gains within the large $1T+ Defense TAM while 93% y/y growth (vs.

71% prior) in U.S. commercial reinforces an untapped AI platform opportunity for large enterprise customers.

While PLTR carries a rich valuation premium and remains a high-risk investment, the one-of-a-kind growth+margin model puts it into a unique category of one that warrants a premium, in our view.

We increase our PT to $182 on higher CY30 estimates and rising confidence in the durability of growth (contracted backlog rose 77% y/y).”

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 $184. The 18 analysts who set a target in the last 3 months range from $90 to $265, with a median of $245. This $182 target is 26% below the median.

Since the note PLTR has moved +14% (from $161). The 12-month window closed on August 5, 2026.

Track record

Firm track recordPiper Sandler: 86% of its 29 targets at least a year old were reached within 12 months (#11 of 21 firms); on Palantir, 2 of 2. Accuracy ranking →

Piper Sandler on Palantir

Piper Sandler price targets on Palantir

7 calls from July 24, 2025 to October 23, 2026. The target went from $170 to $231 (+36%). The rating stayed Buy.

Piper Sandler targetPLTR share price
  1. October 23, 2026Target raised from $230 (0%)Buy$231
  2. August 4, 2026Kept the $230 targetBuy$230
  3. May 5, 2026Kept the $230 targetBuy$230
  4. February 3, 2026Target raised from $201 (+14%)Buy$230
  5. October 14, 2025Target raised from $182 (+10%)Buy$201
  6. August 5, 2025 This noteTarget raised from $170 (+7%)Buy$182
  7. July 24, 2025Earliest call shownBuy$170
Share

Other analysts on Palantir

CantorHold Raised price target +33%, kept rating Nov 2 $207from $156 OppenheimerBuy Raised price target +18%, kept rating Oct 29 $235from $200 BairdBuy Kept rating and price target Oct 29 $250maintained JP MorganBuy Initiated coverage Oct 29 $262 RBC CapitalSell Kept rating and price target Oct 28 $90maintained
Share on
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.