On May 6, 2025, DA Davidson analyst Gil Luria released a new report on Palantir Technologies (PLTR, Financial), maintaining a 'Neutral' rating for the stock. The analyst has raised the price target from the previous $100.00 to a new target of $115.00, marking a 15% increase.
The decision to raise the price target follows recent evaluations by DA Davidson, though the analyst's overall stance on Palantir Technologies (PLTR, Financial) remains unchanged with a 'Neutral' rating. This suggests that while there is a positive adjustment in the perceived valuation of the company, the stock is expected to perform in line with the market in the near term.
Palantir Technologies (PLTR, Financial) continues to draw attention from investors as the price target adjustment signifies growing confidence in the company's future performance, as indicated by the increased valuation from a key market analyst.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Palantir Technologies Inc (PLTR, Financial) is $94.65 with a high estimate of $130.00 and a low estimate of $40.00. The average target implies an downside of 13.05% from the current price of $108.86. More detailed estimate data can be found on the Palantir Technologies Inc (PLTR) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Palantir Technologies Inc's (PLTR, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Palantir Technologies Inc (PLTR, Financial) in one year is $27.12, suggesting a downside of 75.09% from the current price of $108.86. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Palantir Technologies Inc (PLTR) Summary page.