Baird Palantir · PLTR

Baird Maintains Outperform on Palantir, $200 Price Target

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$200
Unchanged
Outcome
Reached
on October 9, 2026
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What the analyst said

Baird analyst William Power reiterated an Outperform rating and $200.00 price target on Palantir (NASDAQ: PLTR).

“Yesterday we hosted investor meetings with management.

The conversations focused on strategic position, product and business model differentiation, competitive dynamics, political implications and more.

While investors have fretted over potential Anthropic/OpenAI competition, we remain positive on PLTR’s competitive differentiation.

Foundational models are just one piece of the puzzle, and Palantir’s ontological capabilities help customers extract more value from them; we believe PLTR continues to lead the way in harnessing the power of AI for customers.

With industry-leading growth/margins, PLTR remains one of our top ideas.”

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 $200 target is 20% below the median.

Since the note PLTR has moved +13% (from $142). 12-month window: day 156 of 365, closes on June 4, 2027.

Track record

This call✓ Target reached on October 9, 2026, 5 months after the note. Same target as this firm’s April 29, 2026 note, so it is scored there.

Firm track recordBaird: 91% of its 32 targets at least a year old were reached within 12 months (#1 of 26 firms); on Palantir, 3 of 3. Accuracy ranking →

Baird on Palantir

Baird price targets on Palantir

8 calls from February 4, 2025 to August 31, 2026. The target went from $100 to $200 (+100%). The rating moved from Hold to Buy.

Baird targetPLTR share price
  1. August 31, 2026Kept the $200 targetBuy$200
  2. July 28, 2026Kept the $200 targetBuy$200
  3. June 4, 2026 This noteKept the $200 targetBuy$200
  4. April 29, 2026Kept the $200 targetBuy$200
  5. February 3, 2026Upgraded to BuyBuyNo target
  6. November 4, 2025Target raised from $170 (+18%)Hold$200
  7. August 5, 2025Target raised from $100 (+70%)Hold$170
  8. February 4, 2025Earliest call shownHold$100
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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.