Truist Reiterates Buy on Palantir, $223 Price Target

Analyst: Arvind Ramnani 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$223
Unchanged
Upside
+39%
PLTR at $160 today
Truist and Palantir logos

What the analyst said

Truist Securities analyst Arvind Ramnani reiterated a Buy rating and $223.00 price target on Palantir (NASDAQ: PLTR).

“We met with PLTR’s CFO, Chief Architect, and Head of IR along with investors at their offices to get a deeper understanding of their offering.

The meeting reinforced our thesis that PLTR is emerging as the AI operating system layer for enterprises and government.

Our conversations reinforced our view on two key competitive advantages to Palantir’s model: 1) the Ontology (data contextualization) of its platforms, and 2) the upfront deployment processes involving FDEs.

These provide PLTR with a deep understanding of its customers’ problems to develop operating systems that can tie together fragmented data in real-time to inform better decision-making.”

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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 $160. The 18 analysts who set a target in the last 3 months range from $130 to $273, with a median of $250. This $223 target is 11% below the median.

Since the note PLTR has moved +6% (from $151). 12-month window: day 242 of 365, closes on March 11, 2027.

Track record

This callOpen: PLTR has not reached $223 yet. This 12-month target is scored on March 11, 2027.

Firm track recordTruist: 79% of its 28 targets at least a year old were reached within 12 months (#16 of 26 firms). Accuracy ranking →

Truist on Palantir

Truist price targets on Palantir

7 calls from January 6, 2026 to November 3, 2026. The target went from $223 to $250 (+12%). The rating stayed Buy.

Truist targetPLTR share price
  1. November 3, 2026Target raised from $223 (+12%)Buy$250
  2. August 25, 2026Kept the $223 targetBuy$223
  3. August 4, 2026Kept the $223 targetBuy$223
  4. June 4, 2026Kept the $223 targetBuy$223
  5. May 5, 2026Kept the $223 targetBuy$223
  6. March 11, 2026 This noteKept the $223 targetBuy$223
  7. January 6, 2026Earliest call shownBuy$223
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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.