Baird Raises Palantir Price Target to $170

Analyst: William Power 1 min read Reproduced verbatim
Rating
Neutral
Target
$170
from $100 (+70%)
Outcome
Reached
on August 5, 2025
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What the analyst said

Baird analyst William Power raised the price target on Palantir Technologies Inc.

(NASDAQ: PLTR) 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.”

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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 $155. The 18 analysts who set a target in the last 3 months range from $130 to $273, with a median of $250. This $170 target is 32% below the median.

Since the note PLTR has moved −4% (from $161). The 12-month window closed on August 5, 2026.

Track record

This call✓ Target reached on August 5, 2025, 0 days after the note.

Firm track recordBaird: 90% of its 31 targets at least a year old were reached within 12 months (#1 of 26 firms); on Palantir, 3 of 3. Accuracy ranking →

Baird on Palantir

Baird price targets on Palantir

8 calls from February 4, 2025 to August 31, 2026. The target went from $100 to $200 (+100%). The rating moved from Hold to Buy.

Baird targetPLTR share price
  1. August 31, 2026Kept the $200 targetBuy$200
  2. July 28, 2026Kept the $200 targetBuy$200
  3. June 4, 2026Kept the $200 targetBuy$200
  4. April 29, 2026Kept the $200 targetBuy$200
  5. February 3, 2026Upgraded to BuyBuyNo target
  6. November 4, 2025Target raised from $170 (+18%)Hold$200
  7. August 5, 2025 This noteTarget raised from $100 (+70%)Hold$170
  8. February 4, 2025Earliest call shownHold$100
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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.