Truist Palantir · PLTR

Truist Raises Palantir Price Target to $223

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

What the analyst said

Truist Securities analyst Arvind Ramnani raised the price target on Palantir (PLTR) to $223 while maintaining a Buy rating on August 4, 2026.

“Sovereign AI Demand Reinforces Durable Growth, Expands TAM; Palantir remains our highest-conviction idea following another significant beatand-raise, with accelerating sovereign AI demand increasing our confidence in the durability of its growth profile.

Palantir reported an 8% beat on revenue and 12% op. income beat despite consensus already above the high end of guidance.

We believe PLTR is uniquely positioned at the intersection of AI deployment, multi-model orchestration, and rising sovereign AI adoption.

Importantly, the high-touch deployment model (FDEs) that once drew criticism increasingly appears to be the blueprint for enterprise AI adoption, reinforcing what we view as one of Palantir’s most durable competitive advantages.”

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 +28% (from $126). 12-month window: day 95 of 365, closes on August 4, 2027.

Track record

This callOpen: PLTR has not reached $223 yet. This 12-month target is scored on August 4, 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 →

Earnings reactionOne of 11 notes after Palantir’s Aug 3 results: 5 raised · 0 cut · 3 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, 2026 This noteKept the $223 targetBuy$223
  4. June 4, 2026Kept the $223 targetBuy$223
  5. May 5, 2026Kept 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.