Piper Sandler Palantir · PLTR

Piper Sandler Raises Palantir’s Price Target to $201

1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$201
from $182 (+10%)
Outcome
Reached
on November 3, 2025
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What the analyst said

Piper Sandler analyst Brent Bracelin raised on October 14, 2025, the price target on Palantir Technologies to $201 (from $182), while maintaining a ‘Overweight’ rating.

“There is no argument PLTR’s valuation leaves no margin for error, particularly if any signs of moderating growth emerge, however we argue with tremendous visibility on future revenue (>$7B of defined contract value + est. ~$4B of IDIQ contract value), accelerating tripledigit growth in Commercial bookings YTD, and unparalleled wallet share opportunity across $1T of U.S.

Defense Spending (which could allow PLTR to 2-3x the current government business and still be 10x smaller that the biggest Defense Primes) – PLTR has not reached peak growth & therefore we do not see a catalyst to halt current momentum.”

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 $155. The 18 analysts who set a target in the last 3 months range from $130 to $273, with a median of $250. This $201 target is 20% below the median.

Since the note PLTR has moved −13% (from $177). The 12-month window closed on October 14, 2026.

Track record

This call✓ Target reached on November 3, 2025, 20 days after the note.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#15 of 26 firms); on Palantir, 3 of 3. Accuracy ranking →

Piper Sandler on Palantir

Piper Sandler price targets on Palantir

8 calls from July 24, 2025 to November 3, 2026. The target went from $170 to $235 (+38%). The rating stayed Buy.

Piper Sandler targetPLTR share price
  1. November 3, 2026Target raised from $231 (+2%)Buy$235
  2. October 23, 2026Target raised from $230 (0%)Buy$231
  3. August 4, 2026Kept the $230 targetBuy$230
  4. May 5, 2026Kept the $230 targetBuy$230
  5. February 3, 2026Target raised from $201 (+14%)Buy$230
  6. October 14, 2025 This noteTarget raised from $182 (+10%)Buy$201
  7. August 5, 2025Target raised from $170 (+7%)Buy$182
  8. July 24, 2025Earliest call shownBuy$170
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Other analysts on Palantir

BarclaysBuy Raised price target +3%, kept rating Nov 4 $273from $265 Bank of AmericaBuy Kept rating and price target Nov 4 $255maintained StoneXHold Kept rating Nov 3 Goldman SachsBuy Kept rating and price target Nov 3 $235maintained RosenblattBuy Kept rating and price target Nov 3 $260maintained
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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.