RBC Capital Raises Palantir Price Target to $45
- Rating
- Underperform
- Target
- $45
- from $40 (+13%)
- Outcome
- Missed
- within 12 months
What the analyst said
RBC Capital analyst Rishi Jaluria raised the price target on Palantir Technologies Inc.
(NASDAQ: PLTR) to $45 (from $40) while maintaining an Underperform rating.
“Palantir reported a solid quarter and raised 2025 guidance ahead of consensus. U.S. Commercial was the standout, accelerating to 93% YoY and now contributing 31% of revenue (vs. 23% a year ago).
Government grew 53% YoY, with recent wins including a 10-year Army deal (up to $10B). Total revenue of $1,004M rose 48% YoY and beat by ~7%, with adj. operating margin of 46% and FCF margin of 57%.
Still, we question the durability of AIP-led momentum. We raise our PT to $45 (from $40) on the increased guide, but remain Underperform given an unfavorable riskreward.”
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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 $45 target is 82% below the median, the lowest on the Street.
Since the note PLTR has moved +9% (from $161). The 12-month window closed on August 5, 2026.
Track record
This call✗ Not reached within 12 months: a year after the note PLTR closed at $158, 252% above the $45 target, but it moved the way the analyst expected.
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.
- October 28, 2026Kept the $90 targetSell$90
- July 31, 2026Target raised from $50 (+80%)Sell$90
- February 2, 2026Kept the $50 targetSell$50
- January 27, 2026Kept the $50 targetSell$50
- November 4, 2025Target raised from $45 (+11%)Sell$50
- October 28, 2025Kept the $45 targetSell$45
- August 5, 2025 This noteTarget raised from $40 (+13%)Sell$45
- February 4, 2025Earliest call shownSell$40
