24/7 Wall St. Sets Palantir (PLTR) Price Target at $219.66, Sees 30.8% Upside
The analysis by 24/7 Wall St. projects Palantir's stock to reach $219.66 over the next 12 months, representing a 30.8% upside from the current $168.02. This follows Palantir's Q2 FY2026 revenue jumping 92.83% year-over-year to $1.94 billion, with EPS of $0.41 beating consensus by 46.43%. Management also raised its full-year guidance to $8.150-$8.158 billion, calling it their "largest-ever full-year revenue guidance raise." The report discusses whether hyper-growth in U.S. commercial AI can justify Palantir's valuation, noting its unique ability to compound growth and margin simultaneously at scale. Palantir shares surged 46.21% last month and 4.16% over the past week, though today's session opened with a 6.62% pullback.
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