Palantir stock price target raised to $255 from $215 at BofA Securities

Investing.com - BofA Securities has raised its price target on Palantir Technologies Inc. (NASDAQ:PLTR) to $255.00 from $215.00 while maintaining a Buy rating on the stock. The company’s shares currently trade at $207.18, having surged an impressive 173.94% year-to-date and sitting just below its 52-week high of $207.52.

The firm cited expectations for accelerated growth as more businesses and governments recognize the value of Palantir’s artificial intelligence offerings compared to competitors’ solutions. This growth narrative is supported by Palantir’s robust 38.79% revenue growth and impressive 80.03% gross profit margins.

BofA analyst Mariana Perez Mora described Palantir’s approach as a "red pill" that includes boot camps, specialized software, expertise in AI foundational data engineering (FDE), and an implementation path prioritizing return on investment.

The analyst contrasted this with competitors’ "blue pill" options, which were characterized as "generic, one-size-fits-most, Chat-GPT wrappers."

The new price target reflects BofA’s confidence in Palantir’s market position and expectations for better-than-expected growth, based on a 15x enterprise value to EBITDA multiple on 2035 estimates.

In other recent news, Palantir Technologies reported strong third-quarter 2025 earnings, exceeding Wall Street expectations. The company posted an earnings per share (EPS) of $0.21, surpassing the projected $0.17, and reported revenue of $1.181 billion, which was higher than the anticipated $1.09 billion. This performance marked an 8.26% surprise in revenue and a 23.53% surprise in EPS. Jefferies responded to Palantir’s results by raising its price target to $70, citing a significant demand boom in the U.S., while maintaining an Underperform rating. Mizuho also increased its price target to $205 from $165, describing the revenue growth as "stellar" and maintaining a Neutral rating. RBC Capital adjusted its price target to $50 from $45, acknowledging the company’s strong quarterly performance but keeping an Underperform rating. These recent developments indicate a positive reception from analysts, despite varied ratings.

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