Mizuho Upgrades Palantir to Outperform

Analyst: Gregg Moskowitz 1 min read Reproduced verbatim
Rating
Outperform
from Neutral
Target
$195
Unchanged
Outcome
Reached
on October 8, 2026
Mizuho and Palantir logos

What the analyst said

Mizuho analyst Gregg Moskowitz upgraded Palantir (NASDAQ: PLTR) from Neutral to Outperform with a price target of $195.00.

“PLTR is in a category of one, delivering total revenue growth, acceleration, and margin expansion at scale that is unlike anything else in software.

That being said, we had for months stated a concern that PLTR shares could suddenly be subject to meaningful multiple reversion at some point.

With PLTR’s 2026E EV/FCF valuation multiple having fallen 46% in the first six weeks of the year, we believe the de-rating has occurred and that the risk/reward is now attractive.”

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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 $178. The 18 analysts who set a target in the last 3 months range from $90 to $265, with a median of $245. This $195 target is 20% below the median.

Since the note PLTR has moved +34% (from $133). 12-month window: day 257 of 365, closes on February 18, 2027.

Track record

This call✓ Target reached on October 8, 2026, 8 months after the note. Same target as this firm’s February 3, 2026 note, so it is scored there.

Firm track recordMizuho: 88% of its 68 targets at least a year old were reached within 12 months (#2 of 26 firms); on Palantir, 3 of 5. Accuracy ranking →

Mizuho on Palantir

Mizuho price targets on Palantir

8 calls from July 16, 2025 to April 14, 2026. The target went from $135 to $185 (+37%). The rating moved from Hold to Buy.

Mizuho targetPLTR share price
  1. April 14, 2026Target cut from $195 (−5%)Buy$185
  2. March 19, 2026Kept the $195 targetBuy$195
  3. February 18, 2026 This noteUpgraded to Buy, kept the $195 targetBuy$195
  4. February 3, 2026Target cut from $205 (−5%)Hold$195
  5. November 4, 2025Target raised from $165 (+24%)Hold$205
  6. September 15, 2025Kept the $165 targetHold$165
  7. August 5, 2025Target raised from $135 (+22%)Hold$165
  8. July 16, 2025Earliest call shownHold$135
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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.