Truist Palantir · PLTR

Truist Maintains Buy on Palantir, $223 Price Target

1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$223
Unchanged
Upside
+39%
PLTR at $160 today
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What the analyst said

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

“Palantir delivered another material beat-and-raise, reinforcing its positioning as critical infrastructure layer for enterprise AI.

While shares are down -18% YTD (vs. -16% for IGV), we see a growing disconnect between Palantir’s accelerating fundamentals and the broader software cohort.

Palantir’s revenue growth has now accelerated for 11 consecutive quarters to 85% y/y, compared to decel to mid-teens for the software median.

Over this period, Palantir has also expanded operating margins by ~35%, vs. 23% op. margins for the median 2026E software peer.

While we acknowledge a high valuation, we continue to argue PLTR warrants a premium as a best-in-class AI asset.”

Disclaimer
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 +10% (from $146). 12-month window: day 185 of 365, closes on May 5, 2027.

Track record

This callOpen: PLTR has not reached $223 yet. This 12-month target is scored on March 11, 2027. Same target as this firm’s March 11, 2026 note, so it is scored there.

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

Earnings reactionOne of 10 notes after Palantir’s May 4 results: 1 raised · 1 cut · 5 kept. See every call →

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, 2026 This noteKept the $223 targetBuy$223
  6. March 11, 2026Kept the $223 targetBuy$223
  7. January 6, 2026Earliest call shownBuy$223
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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.