Wedbush Reiterates Outperform on Palantir, $230 Price Target

Analyst: Dan Ives 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$230
Unchanged
Upside
+48%
PLTR at $155 today
Wedbush and Palantir logos

What the analyst said

Wedbush analyst Dan Ives reiterated an Outperform rating and $230.00 price target on Palantir (NASDAQ: PLTR).

“Palantir reported its FY4Q25 results featuring yet another strong drop the mic quarter of beats across the board while providing FY26 guidance that exceeded Street estimates as the company’s AIP continues to accelerate with US Commercial remaining a core driver of growth.

We maintain our OUTPERFORM rating and $230 price target as Palantir is helping lead the AI Revolution into the use case phase as its AIP product moat is unmatched in our view.”

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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 $155. The 18 analysts who set a target in the last 3 months range from $130 to $273, with a median of $250. This $230 target is 8% below the median.

Since the note PLTR has moved +5% (from $148). 12-month window: day 275 of 365, closes on February 3, 2027.

Track record

This callOpen: PLTR has not reached $230 yet. This 12-month target is scored on February 3, 2027.

Firm track recordWedbush: 65% of its 23 targets at least a year old were reached within 12 months (#20 of 26 firms); on Palantir, 5 of 6. Accuracy ranking →

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

Wedbush on Palantir

Wedbush price targets on Palantir

8 calls from February 4, 2025 to June 5, 2026. The target went from $120 to $230 (+92%). The rating stayed Buy.

Wedbush targetPLTR share price
  1. June 5, 2026Kept the $230 targetBuy$230
  2. May 5, 2026Kept the $230 targetBuy$230
  3. February 3, 2026 This noteKept the $230 targetBuy$230
  4. November 3, 2025Target raised from $200 (+15%)Buy$230
  5. August 5, 2025Target raised from $160 (+25%)Buy$200
  6. July 10, 2025Target raised from $140 (+14%)Buy$160
  7. May 6, 2025Target raised from $120 (+17%)Buy$140
  8. February 4, 2025Earliest call shownBuy$120
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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.