Key Takeaways
- Palantir stock has gained 45% over the past three months to close at $194 on October 7, 2026, after Q2 revenue rose 93% YoY to $1.935B.
- Goldman Sachs upgraded the stock to buy on October 8.
- The Street counts 19 buys, 1 outperform, 9 holds, 1 no opinion, 1 underperform, and 1 sell, with a $200 mean target sitting 3% above the October 7 close.
- TIKR’s mid-case model values Palantir stock at $1,389 by December 2030, implying a 615.8% total return, or 59.2% a year.
Palantir Stock Is Up 45% in Three Months After a 93% Revenue Quarter
Palantir Technologies (PLTR) stock has gained 45% over the past three months, closing at $194 on October 7, 2026. The sharpest move came after the company reported second-quarter revenue of $1.935 billion on August 3, up 93% year-over-year.
The stock opened the period at roughly $134 and slipped into the low $120s through July. Then the report landed, and shares gapped to the low $160s the next session.
CEO Alex Karp set a growth goal in his prepared remarks on the Q2 earnings call: “I am driving the business to grow at a rate equal or above to what we have in U.S. commercial for the next 18 months.” U.S. commercial revenue had grown 149% in the quarter, and the same call raised full-year 2026 revenue guidance to $8.15 billion to $8.158 billion.
Palantir stock reached the mid-$180s in late August, slid to the mid-$160s by mid-September, and then climbed to $187 by September 30. Two infrastructure deals came during that stretch:
- On September 8, Palantir named Nebius its preferred sovereign AI infrastructure partner.
- Armada became Palantir’s inaugural Certified Modular Data Center Partner on October 1, pairing its Galleon modular data centers with Palantir’s Sovereign AI Operating System.
On October 8, Goldman Sachs upgraded Palantir stock to buy from neutral with a $230 target, and shares traded up 3.7% at $201 early in the session.
Across the chart, the stock went from roughly $134 in early July to $194 on October 7, with the July dip and the August 3 gap in between.
Palantir raised its 2026 revenue guidance to $8.15 billion to $8.158 billion in August. See how the Street’s estimates have shifted since. Check PLTR’s estimates on TIKR for free →
Palantir Stock’s Mean Target Rose 9% While Shares Gained 66%
Nineteen analysts rate Palantir stock a buy, alongside one outperform, nine holds, one no opinion, one underperform, and one sell. The mean price target rose 9% to $200 from $183 on June 30, while the stock gained 66% from its $117 close that day. The mean now sits 3% above the October 7 close.
TIKR’s Model Values Palantir Stock at $1,389 by the End of 2030
Using TIKR’s advanced valuation model, I ran a mid case with revenue growing 57% a year, a net income margin of 48.4%, EPS growth of 59.5% a year, and the P/E shrinking 6.7% a year. Growth sits close to the last year’s 56.2%, but the margin is a big step up from 35.0%, and the multiple shrinks after expanding 15.5% over the past year. I kept growth well under the 82% the company guided for 2026 because Karp’s target covers 18 months, not five years.
The model lands at $1,389 by December 31, 2030. That is a 615.8% total return from the $194 close over 4.2 years, or 59.2% a year.
By my math, $1,389 is about 7.2 times the October 7 close. The test is whether revenue keeps compounding above 57.0% a year once the base passes $8 billion.
Think 57% annual revenue growth through 2030 is too generous, or too cautious? Swap in your own inputs and see where Palantir lands. Run your own PLTR model on TIKR for free →
So what is Palantir stock actually worth?
TIKR lets you forecast the future price of any stock in less than a minute. Just enter a few assumptions into TIKR’s valuation model and see what PLTR stock could be worth. Start from Wall Street consensus estimates, or adjust the inputs to reflect your own view of the business. It’s free to use.
Value Palantir Technologies Inc. for free→
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any of the stocks mentioned. Thank you for reading, and happy investing!
