Baird Palantir · PLTR

Baird Upgrades Palantir to Outperform

Analyst: William Power 1 min read Reproduced verbatim
Rating
Outperform
from Neutral
Baird and Palantir logos

What the analyst said

Baird analyst William Power upgraded Palantir (NASDAQ: PLTR) from Neutral to Outperform.

“the tenth consecutive quarter of accelerating total revenue growth (+70% vs. +63% in Q3), driven by U.S. commercial upside.”

“The free cash flow inflection, and arguably attractive (not a typo) FCF multiple on 2027 upside scenarios, pushes us into the ‘buy’ camp.”

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Track record

Firm track recordBaird: 91% of its 32 targets at least a year old were reached within 12 months (#1 of 26 firms); on Palantir, 3 of 3. Accuracy ranking →

Earnings reactionOne of 10 notes after Palantir’s Feb 2 results: 4 raised · 3 cut · 2 kept. See every call →

Baird on Palantir

Baird price targets on Palantir

8 calls from February 4, 2025 to August 31, 2026. The target went from $100 to $200 (+100%). The rating moved from Hold to Buy.

Baird targetPLTR share price
  1. August 31, 2026Kept the $200 targetBuy$200
  2. July 28, 2026Kept the $200 targetBuy$200
  3. June 4, 2026Kept the $200 targetBuy$200
  4. April 29, 2026Kept the $200 targetBuy$200
  5. February 3, 2026 This noteUpgraded to BuyBuyNo target
  6. November 4, 2025Target raised from $170 (+18%)Hold$200
  7. August 5, 2025Target raised from $100 (+70%)Hold$170
  8. February 4, 2025Earliest call shownHold$100
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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.