Baird Palantir · PLTR

Baird Affirms Outperform on Palantir, $250 Price Target

Analyst: William Power 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$250
Unchanged
Upside
+48%
PLTR at $169 today
Baird and Palantir logos

What the analyst said

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

“Reiterate Outperform rating.

PLTR reported strong Q3’26 results, marking the 13th consecutive quarter of accelerating total revenue growth (+96% vs. +93% in Q2’26), driven by U.S. commercial and government strength.

The company raised full-year guidance from 82% total revenue growth to 91%.

However, U.S. commercial TCV (bookings) growth was weaker, driving the after-hours weakness.

That figure can be lumpy (Q1’26 was weaker too, before Q2’s rebound), and was also impacted by a very tough YOY comp.

We remain positive on the broader demand trends, including the record Q4 revenue outlook.”

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 $169. The 17 analysts who set a target in the last 3 months range from $130 to $265, with a median of $250. This $250 target is in line with the median.

12-month window: day 0 of 365, closes on November 3, 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: 90% of its 29 targets at least a year old were reached within 12 months (#1 of 26 firms); on Palantir, 2 of 2. Accuracy ranking →

Baird on Palantir

Baird price targets on Palantir

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

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

Goldman SachsBuy Kept rating and price target Nov 3 $235maintained RosenblattBuy Kept rating and price target Nov 3 $260maintained UBSBuy Kept rating and price target Nov 3 $250maintained Piper SandlerBuy Raised price target +2%, kept rating Nov 3 $235from $231 RBC CapitalSell Raised price target +44%, kept rating Nov 3 $130from $90
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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.