Palantir price target raised to $230 from $225 at Piper Sandler

Piper Sandler raised the firm’s price target on Palantir (PLTR) to $230 from $225 and keeps an Overweight rating on the shares. Closing out 2025, Palantir continues to prove the company is without equal in the software market, reaching 70% revenue growth in Q4 paired with 57% EBIT margins for a Rule of 40 score of 127%, the firm notes. Dual exposure to the growing investment cycle around operational AI in U.S. enterprises and comprehensive Warfighter-to-Washington modernization efforts happening in the Federal government, Palantir is more aligned, in Piper’s view, to the most compelling areas of market growth than any other name in its coverage.