(PLTR) stock has risen 2.6% over the past week but is down 6.0% over the past month, while still gaining 13.7% over the last year. Wall Street’s analysts are moderately bullish, forecasting meaningful upside over the next twelve months from the last close at $137.15 toward a consensus target of $188.31.
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Analyst sentiment is anchored by John Mcpeake’s fresh call, who reiterated his Buy rating on 5/20/2026 with a $225 price target, implying notable upside from current levels. This fits into a broader Moderate Buy consensus that suggests investors still see Palantir as a long-term growth story despite recent volatility.
John Mcpeake, who ranks 4985 out of 12198 analysts with a 56.25% success rate and 5.2% average return per rating, argues that Palantir’s AIP, Foundry, and Ontology stack is hard to replicate. He believes the platform’s ability to act as an arbiter and optimizer of multiple AI models makes it unlikely that a competing “piece parts” solution will emerge within a typical investment horizon.
His conviction grew after meetings with Palantir’s CFO David Glazer, Chief Architect Akshay Krishnaswamy, and Head of Strategic Initiatives Cary Li in New York, plus a call with key implementation partner Foxtrot. A detailed demo of an enterprise supply chain mapped into Palantir’s software showed how data, business logic, and AI agents work together to cut token costs and boost operational efficiency.
Mcpeake also highlights Palantir’s roots with the U.S. defense department, which he says embed strong security and governance into the platform, making it a candidate to become a “de facto” operating system for modern enterprises. Supporting this view, Foxtrot’s Chris Willis described customer demand as “pretty insatiable,” with Foxtrot expecting its business to at least triple this year, and potentially grow four to five times if a rich pipeline of government deals closes.
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