Baird Raises Palantir Price Target to $250

October 12, 2026 Analyst: William Power 1 min read Reproduced verbatim
Rating
Buy
Target
$250
from $200 (+25%)
Upside
+20%
PLTR at $209 today
Baird and Palantir logos

What the analyst said

Baird analyst William Power raised the price target on Palantir (NASDAQ: PLTR) to $250 (from $200) while maintaining an Outperform rating.

“Tectonic shifts are rare, but potentially game-changing events. Some technological revolutions stand above the rest.

The late 1990s spawned the Internet era and cloud software, seeding many of today’s largest tech and social media leaders.

The Apple iPhone launch in 2007 was another clear example, ushering in the mobile era.

The digital transformation during COVID was another, as was the ChatGPT moment in 2022.

We believe the shift to open weight models could unlock a new major chapter for AI adoption, and Palantir is at the forefront of enabling it.”

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 $209. The 17 analysts who set a target in the last 3 months range from $90 to $265, with a median of $230. This $250 target is 9% above the median.

12-month window: day 0 of 365, closes on October 12, 2027.

Track record

This callOpen: a 12-month target, scored on October 12, 2027, a year after the note.

Firm track recordBaird: 93% of its 15 targets at least a year old were reached within 12 months (#4 of 20 firms). Accuracy ranking →

Baird on Palantir

Baird price targets on Palantir

6 calls from February 3, 2026 to October 12, 2026. The target went from $200 to $250 (+25%). The rating stayed Buy.

Baird targetPLTR share price
  1. October 12, 2026 This noteTarget raised from $200 (+25%)Buy$250
  2. August 31, 2026Kept the $200 targetBuy$200
  3. July 28, 2026Kept the $200 targetBuy$200
  4. June 4, 2026Kept the $200 targetBuy$200
  5. April 29, 2026Set a $200 targetBuy$200
  6. February 3, 2026Earliest call shownBuyNo target
Share
Share on
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.