Mizuho Affirms Outperform on Palantir, $245 Price Target

Analyst: Gregg Moskowitz 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$245
Unchanged
Upside
+42%
PLTR at $172 today
Mizuho and Palantir logos

What the analyst said

Mizuho analyst Gregg Moskowitz reiterated an Outperform rating and $245 price target on Palantir (NASDAQ: PLTR).

“PLTR reported a very strong 3Q, with revenue growth accelerating for a remarkable 13th consecutive quarter, this time to 96% Y/Y.

This reflects ~660 bps of upside vs. the average ~670 bps beat over the last four quarters. Further, U.S. Commercial revenue surpassed U.S. Government for the first time.

Meanwhile, mgmt raised its 2026 revenue growth guidance by ~9 pts.

We reiterate our view that PLTR is in a category of one, delivering a combination of total revenue growth, acceleration, and margin expansion at scale unlike anything else in software.

We also remain very bullish on PLTR’s U.S. Commercial business, fueled by rising enterprise adoption of AIP and growing urgency around operationalizing AI.

And more broadly, we remain steadfast in our view that PLTR is increasingly well-positioned to benefit from long-term trends in AI, government digital transformation, and industrial modernization.

We reiterate our Outperform and $245 PT.”

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 $172. The 17 analysts who set a target in the last 3 months range from $130 to $265, with a median of $250. This $245 target is 2% below the median.

12-month window: day 0 of 365, closes on November 3, 2027.

Track record

This callOpen: PLTR has not reached $245 yet. This 12-month target is scored on October 15, 2027. Same target as this firm’s October 15, 2026 note, so it is scored there.

Firm track recordMizuho: 88% of its 68 targets at least a year old were reached within 12 months (#2 of 26 firms); on Palantir, 3 of 5. Accuracy ranking →

Mizuho on Palantir

Mizuho price targets on Palantir

8 calls from November 4, 2025 to November 3, 2026. The target went from $205 to $245 (+20%). The rating moved from Hold to Buy.

Mizuho targetPLTR share price
  1. November 3, 2026 This noteKept the $245 targetBuy$245
  2. October 15, 2026Target raised from $215 (+14%)Buy$245
  3. August 4, 2026Target raised from $185 (+16%)Buy$215
  4. April 14, 2026Target cut from $195 (−5%)Buy$185
  5. March 19, 2026Kept the $195 targetBuy$195
  6. February 18, 2026Upgraded to Buy, kept the $195 targetBuy$195
  7. February 3, 2026Target cut from $205 (−5%)Hold$195
  8. November 4, 2025Earliest call shownHold$205
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.