RBC Capital Raises Palantir Price Target to $50

Analyst: Rishi Jaluria 1 min read Reproduced verbatim
Rating
Underperform
Target
$50
from $45 (+11%)
Downside
−71%
PLTR at $171 today
RBC Capital and Palantir logos

What the analyst said

RBC Capital analyst Rishi Jaluria raised the price target on Palantir Technologies Inc.

(NASDAQ: PLTR) to $50 (from $45) while maintaining an Underperform rating.

“Palantir reported a strong quarter, with revenue growth of 63% YoY and R40 of 114%. Shares traded down ~4% AH.

Results remain overwhelmingly U.S.-centric, with international performance stagnant (+10% YoY commercial) and bookings heavily skewed toward multi-year U.S. commercial Al contracts that may pull forward demand.

While profitability remains strong, we see limited visibility into normalized growth once these early AIP deployments mature.

We remain Underperform rated given an increasingly concentrated growth profile, elevated valuation, and limited visibility into sustainable AIP demand.

Our $50 price target is based on 21x CY26E sales, which implies 48x EV/CY26E FCF.”

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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 $171. The 18 analysts who set a target in the last 3 months range from $130 to $273, with a median of $250. This $50 target is 80% below the median, the lowest on the Street.

Since the note PLTR has moved −17% (from $207). The 12-month window closed on November 4, 2026.

Track record

This callOpen: PLTR has not reached $50 yet. This 12-month target is scored on November 4, 2026.

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 →

Earnings reactionOne of 10 notes after Palantir’s Nov 3 results: 9 raised · 0 cut · 1 kept. See every call →

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.

RBC Capital targetPLTR share price
  1. October 28, 2026Kept the $90 targetSell$90
  2. July 31, 2026Target raised from $50 (+80%)Sell$90
  3. February 2, 2026Kept the $50 targetSell$50
  4. January 27, 2026Kept the $50 targetSell$50
  5. November 4, 2025 This noteTarget raised from $45 (+11%)Sell$50
  6. October 28, 2025Kept the $45 targetSell$45
  7. August 5, 2025Target raised from $40 (+13%)Sell$45
  8. February 4, 2025Earliest call shownSell$40
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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.