Mizuho Upgrades Palantir to Outperform
- Rating
- Outperform
- from Neutral
- Target
- $195
- Unchanged
- Outcome
- Reached
- on October 8, 2026

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




