Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Palantir Technologies Inc. (PLTR) has a Wall Street consensus price target of $198.71, based on estimates from 24 covering analysts. With the stock currently trading at $137.19, this represents a potential upside of +44.8%. The company has a market capitalization of $313.39B.
Analyst price targets range from a low of $180.00 to a high of $230.00, representing a 25% spread in expectations. The median target of $199.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 8 analysts rating the stock as a Buy or Strong Buy,12 rating it Hold, and 4 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, PLTR trades at a trailing P/E of 217.8x and forward P/E of 106.7x. Analysts expect EPS to grow +103.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $110.10, with bear and bull scenarios of $-246.68 and $138.36 respectively. Model confidence stands at 62/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus Wall Street price target for PLTR is $198.71, representing 44.8% upside from the current price of $137.19. With 24 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
PLTR has a consensus rating of "Hold" based on 24 Wall Street analysts. The rating breakdown is mixed, with 12 Hold ratings making up the largest segment. The consensus 12-month price target of $198.71 implies 44.8% upside from current levels.
At a forward P/E of 106.663x, PLTR trades at a premium valuation. The consensus price target of $198.71 (44.8% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $230 for PLTR, while the most conservative target is $180. The consensus of $198.71 represents the median expectation. Our quantitative valuation model projects a bull case target of $138 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PLTR is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 12 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PLTR stock forecast based on 24 Wall Street analysts shows a consensus price target of $198.71, with estimates ranging from $180 (bear case) to $230 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $110, with bear/bull scenarios of $-247/$138.
Our quantitative valuation model calculates PLTR's fair value at $110 (base case), with a bear case of $-247 and bull case of $138. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 62/100.
PLTR trades at a forward P/E ratio of 106.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 217.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on PLTR, with a "Hold" consensus rating and $198.71 price target (44.8% upside). 8 of 24 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
PLTR analyst price targets range from $180 to $230, a 25% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $198.71 consensus represents the middle ground. Our model's $-247-$138 range provides an independent fundamental perspective.