Analysts Raise Price Targets on Palantir Technologies (PLTR) Stock, but Contend that Valuation ‘Should Not be Irrelevant’

Data analytics company Palantir Technologies (PLTR) reported better-than-expected results for the first quarter of 2025 and raised its full-year guidance, reflecting solid momentum in its business. Several analysts, including Mizuho’s Gregg Moskowitz, raised their price targets for PLTR stock, citing the impressive performance. Moskowitz increased his price target for Palantir stock to $94 from $80 and noted the company’s strong performance across its U.S. Commercial and Government businesses. However, the 4-star analyst reiterated a Sell rating and contended that “valuation cannot and should not be irrelevant.”

While Moskowitz acknowledged PLTR’s solid execution and strong positioning, he finds it quite tough to justify PLTR’s very high multiple at 60x 2026 estimated revenue.

Despite the impressive results, PLTR stock was down 9% in Tuesday’s pre-market trading. As of Monday’s closing, PLTR stock rallied almost 64% year-to-date.

Analysts Note PLTR’s Robust Results but Valuation Remains a Concern

Like Moskowitz, Goldman Sachs analyst Gabriela Borges also raised the price target on Palantir Technologies stock to $90 from $80, but maintained a Hold rating. The 4-star analyst continues to believe that the company is well-positioned to deliver best-in-class growth, fueled by the secular trend towards enterprise AI adoption, a focus on efficiency and technology adoption in the U.S. government, and the benefits from the adoption of Operation Warp Speed.

However, Borges’ favorable view is offset by the longer-term ecosystem risks, with “the industry moving from peak custom to more off the shelf adoption,” and PLTR stock’s premium valuation.

Further, Morgan Stanley analyst Sanjit Singh increased his price target for Palantir Technologies stock to $98 from $90 while maintaining a Hold rating, saying “Palantir Is Firing on Nearly All Cylinders.” Singh said that after a stellar Q4, he views the first-quarter results as equally impressive, given the challenging macro backdrop and worries over large-sized deals in the Government and Commercial divisions. He noted several positives but also highlighted that the only area of weakness remains PLTR’s International Commercial business, which declined 5% in Q1 2025 compared to a 3% growth in the prior quarter.

Additionally, Raymond James analyst Brian Gesuale reiterated a Hold rating on PLTR stock. The 5-star analyst noted the company’s solid results and outlook, saying that he remains optimistic about PLTR’s longer-term positioning in AI. That said, Gesuale prefers to be on the sidelines as he believes that PLTR stock needs to “consolidate stellar gains over the last couple of years and grow into its rich valuation.”

Is PLTR Stock a Buy, Sell, or Hold?

Prior to the results, Wall Street had a Hold consensus rating on Palantir Technologies stock based on two Buys, eight Holds, and three Sell recommendations. The average PLTR stock price target of $89.17 implies 28% downside potential.

However, these details are subject to changes as more analysts are expected to update/reiterate their ratings and revise their price targets.  

See more PLTR analyst ratings