Baird Palantir · PLTR

Baird Maintains Outperform on Palantir, $250 Price Target

Analyst: William Power 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$250
Unchanged
Upside
+27%
PLTR at $197 today
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What the analyst said

Baird analyst William Power reiterated an Outperform rating and $250 price target on Palantir (NASDAQ: PLTR).

“Reiterate Outperform Rating. We expect strong Q3 results from PLTR (revenue growth could accelerate for the 13th consecutive quarter), supported by likely upside in US Commercial and US Government.

Sentiment is more positive heading into this quarter than last, though we still view valuation as attractive.

We expect numbers to continue to move higher (we’re anchoring to $9 billion+ of FCF in 2027 as a reasonable upside case, vs. our current $7.06 billion estimate), helping it continue to grow into its valuation”

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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 $197. The 17 analysts who set a target in the last 3 months range from $90 to $265, with a median of $245. This $250 target is 2% above the median.

12-month window: day 0 of 365, closes on October 29, 2027.

Track record

This callOpen: PLTR has not reached $250 yet. This 12-month target is scored on October 12, 2027. Same target as this firm’s October 12, 2026 note, so it is scored there.

Firm track recordBaird: 95% of its 21 targets at least a year old were reached within 12 months (#1 of 21 firms). Accuracy ranking →

Baird on Palantir

Baird price targets on Palantir

7 calls from February 3, 2026 to October 29, 2026. The target went from $200 to $250 (+25%). The rating stayed Buy.

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

JP MorganBuy Initiated coverage Oct 29 $262 RBC CapitalSell Kept rating and price target Oct 28 $90maintained RosenblattBuy Raised price target, kept rating Oct 27 $260 Piper SandlerBuy Raised price target +1%, kept rating Oct 23 $231from $230 StoneXHold Kept rating Oct 20
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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.