Palantir Stock Investors Just Got Good News From Wall Street Analysts

2026-03-02 04:32:00 ET

Palantir Technologies (NASDAQ: PLTR) shares have advanced 2,000% since January 2023, recording triple-digit returns in each of the last three years. But the stock has trended lower in 2026. It currently trades 34% below its record high despite the company reporting strong financial results in early February.

However, Wall Street analysts covering Palantir generally think the stock is oversold. In fact, the median target price of $196 per share implies 43% upside from the current share price of $137. Moreover, several analysts have increased their forward earnings estimates substantially in the last month, reflecting greater conviction in the company.

Here's the good news for Palantir shareholders.

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