Goldman Sachs upgrades Palantir stock to Buy at USD 230 target

Published on 10/14/2026 at 12:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 93.00 percent to USD 1.94 billion. Palantir stock costs EUR 186.37 on October 14, 2026 at a USD 479.1 billion market cap.

Analyst upgrade and earnings timing

Goldman Sachs raised Palantir to Buy and set a USD 230.00 target on October 8, 2026.
Second-quarter revenue rose 93.00 percent year over year to USD 1.94 billion.
Palantir stock trades at EUR 186.37 at 12:41 p.m. CEST at Lang & Schwarz on October 14, 2026.

Bauhaus-Grafikposter mit abstraktem Netzwerk aus Knoten und Linien in Schwarz, Weiß und Blau — Palantir Technologies Inc (US69608A1088) – Bauhaus-Poster zeigt stilisiertes Knoten-Netzwerk in Schwarz, Weiß und Hellblau, Illustration mit AI erstellt.

Palantir Technologies stock (ISIN US69608A1088) is trading at EUR 186.37 at Lang & Schwarz on October 14, 2026 at 12:41 p.m. CEST. Goldman Sachs upgraded Palantir from Neutral to Buy and set a 12-month price target of USD 230.00 on October 8, 2026, according to IBTimes UK.

Goldman targets sovereign AI demand

The upgrade followed Palantir's second-quarter performance and its emphasis on sovereign and customized artificial intelligence systems. Goldman analyst Gabriela Borges moved the rating from Neutral to Buy and named USD 230.00 as the 12-month target, while the report highlighted demand for controlled data and infrastructure.

The valuation remains the central counterweight. IBTimes UK cited FactSet data showing Palantir at 91.10 times forward earnings, compared with 19.40 times for the S&P 500 on October 9, 2026.

What does growth mean for results?

Palantir reported second-quarter revenue of USD 1.94 billion, up 93.00 percent year over year and 19.00 percent sequentially, in the earnings call dated August 3, 2026, according to Yahoo Finance. U.S. commercial revenue grew 149.00 percent year over year to USD 764.00 million.

The same call reported USD 1.22 billion of adjusted free cash flow and a 63.00 percent adjusted free cash flow margin for the second quarter of 2026. Those figures show why the upgrade is tied to operating scale, while the forward multiple leaves valuation sensitivity high.

Three milestones set the frame

On August 3, 2026, Palantir reported second-quarter revenue of USD 1.94 billion and raised its full-year 2026 revenue guidance to USD 8.15 billion to USD 8.158 billion, according to Yahoo Finance. On October 8, 2026, Goldman Sachs upgraded the stock to Buy with a USD 230.00 target, as reported by IBTimes UK. On October 12, 2026, Palantir announced its third-quarter reporting date for November 2, 2026, according to Financial Times.

Results arrive November 2

Palantir's third-quarter 2026 results are scheduled for November 2, 2026, after the close of U.S. markets, followed by a webcast at 5:00 p.m. ET, the company announcement carried by Financial Times.

Palantir trades at EUR 186.37

Palantir stock was trading at EUR 186.37 at Lang & Schwarz on October 14, 2026 at 12:41 p.m. CEST. The quote provides the German-market reference while the primary listing is Nasdaq in USD; the latest structured quote showed a market capitalization of USD 479.1 billion as of October 13, 2026.

The further course of trading is shown by the continuously updated real-time quote of Palantir stock.