Piper Sandler Raises Palantir Price Target to $230

Piper Sandler analyst Clark Jeffries raised the price target on Palantir (NASDAQ: PLTR) to $230.00 (from $225.00) while maintaining an Overweight rating.

“‘Sine Pari’, After Immense Acceleration in 2025, PLTR Guides 61% Growth for ’26; Closing out 2025, Palantir continues to prove the company is without equal in the software market, reaching 70% revenue growth in 4Q paired with 57% EBIT margins for a Rule of 40 score of 127%.

Dual exposure to the growing investment cycle around operational AI in U.S. enterprises and comprehensive Warfighter-to-Washington modernization efforts happening in the Federal government, PLTR is more aligned, in our view, to the most compelling areas of market growth than any other name in our coverage.

We are raising our PT to $230, maintain our Overweight rating with, again, especially higher confidence in LT profitability based on incremental margins >70% this quarter.”

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