Wall Street Sees Palantir Reaching $200, Implying 54% Upside Despite 37% Drop
Updated
Updated · The Motley Fool · Jul 9
Wall Street Sees Palantir Reaching $200, Implying 54% Upside Despite 37% Drop
3 articles · Updated · The Motley Fool · Jul 9
Summary
$200 is Wall Street's median 12-month target for Palantir, about 54% above its current price even after a recent rebound.
First-quarter revenue jumped 85% year over year, adjusted operating margin reached 60%, and management raised full-year guidance, prompting analysts to revisit the stock.
Palantir has also leaned on product boot camps to win customers while keeping R&D below 10% of revenue, reinforcing expectations for strong operating leverage and retention.
Valuation remains the main risk: the stock still trades at 43 times next year's sales and 93 times forward earnings after falling roughly 37% from its November 2025 peak.
That tension mirrors earlier views that P/E compression has improved the setup, but any eventual slowdown in revenue or earnings growth could still hit the shares hard.