DA Davidson Raises Palantir Price Target to $200

DA Davidson analyst Gil Luria raised the price target on Palantir (NASDAQ: PLTR) to $200 while maintaining a Buy rating.

“Reiterate BUY; PT to $200. We believe Palantir is the best story in all of software.

We have raised our estimates in-line with guidance while our FY27 revenue and EPS estimates are raised by 7% and X% respectively.

Palantir scores in the top decile of our coverage on Rule of X.

The stock trades at ~49x CY27 FCF, in line with the highest growth software peers. We continue to see upside to estimates and reiterate our BUY rating.

We raise our price target to $200, from $175, based on ~75x CY27 FCF.”

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