Cantor Fitzgerald Increases Palantir’s Price Target to $198
Cantor Fitzgerald analyst Thomas Blakey raised the price target on Palantir to $198 (from $155) while maintaining a Neutral rating.
“We reiterate our Neutral rating on PLTR shares but increase our PT to $198 (from $155), or 80x C26E EV/R (from 70x), given our increased rev/profit forecasts post a record guidance beat in 3Q.
Revenue beat Visible Alpha Consensus by 8% in 3Q25 (9% vs midpoint of guide) driven by 11.5% beat in Commercial (46% rev), growing 73% y/y, driven further by a 15% beat in US Commercial (34% rev), growing 122% y/y…
We continue to be impressed with Palantir, its products, its FDE-driven business model, and execution, and our checks continue to come back equally impressive highlighting the company’s unique position to benefit from enterprise and government use of AI technologies.
Our Neutral rating is only informed by relative valuation (PLTR shares trade ~5x higher vs our infrastructure software coverage median on C26E EV/R/G basis).”
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.
