Overview
- Shares trade around $170, roughly 17% below the recent peak following a rotation out of software and mounting valuation concerns.
- Analyst targets span $50 to $255, with a $200 median that implies about 17% upside from current levels.
- Backers cite industry recognition from Forrester and IDC plus third-quarter revenue up 62% to $1.1 billion and a Rule of 40 score of 114%, according to CFRA.
- Skeptics point to an exceptionally rich profile, including valuations near 117 times sales, and contend recent gains reflect hype more than fundamentals.
- Wedbush’s Dan Ives lists Palantir as a top 2026 pick and says it can grow into its valuation, while the stock remains up about 1,880% since late 2022.