Baird Maintains Outperform on Palantir, $200 PT

Aug 31, 2026· Analyst: William Power· 1 min read· Reproduced verbatim
Rating
Buy
Price target
$200
Previous
Implied upside
+7%

Baird analyst William Power reiterated an Outperform rating and $200 price target on Palantir (NASDAQ: PLTR) on August 31, 2026.

“Reiterate Outperform rating. We attended a technology demonstration with a small group of investors.

The demo highlighted the power of PLTR’s ontology, reinforcing our view that the company can capitalize on the growing popularity of open weight models and continue to lead the charge in helping businesses drive positive ROI from agentic AI.

Relatedly, Sovereign AI is also a growing theme (look no further than PLTR’s most recent Bootcamp).

Overall, we remain confident that PLTR is well positioned to improve/modernize operations for enterprises, with its ontological capabilities and experienced FDEs key differentiators.”

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