Goldman Sachs upgrades Palantir to Buy for Palantir stock
Published on 10/21/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and valuation signals
- Goldman Sachs set a USD 230.00 target on October 8, 2026.
- Second-quarter revenue reached USD 1.94 billion, up 93.00 percent year over year.
- Palantir stock trades at EUR 171.73 at 11:16 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.13 percent below the Xetra close of October 20, 2026.
Palantir Technologies (US69608A1088) is trading at EUR 171.73 at Lang & Schwarz on October 21, 2026 at 11:16 a.m. CEST, 0.13 percent below the Xetra close of October 20, 2026 at EUR 171.96. TheStreet reported that Goldman Sachs upgraded Palantir from Neutral to Buy on October 8, 2026, and set a 12-month price target of USD 230.00.
Growth supports the upgrade
Palantir's second-quarter fiscal 2026 revenue reached USD 1.94 billion, up 93.00 percent from the prior year. U.S. commercial revenue increased 149.00 percent to USD 764.00 million, while U.S. government revenue rose 90.00 percent to USD 809.00 million, according to Benzinga on October 1, 2026.
The same report said adjusted earnings were USD 0.41 per share against a USD 0.35 consensus estimate. Palantir also guided to third-quarter revenue of USD 2.160 billion to USD 2.164 billion and raised full-year 2026 revenue guidance to USD 8.150 billion to USD 8.158 billion.
What does the target imply?
Goldman Sachs' USD 230.00 target is a valuation claim rather than a euro price signal. Its October 8, 2026 upgrade followed a quarter in which revenue growth accelerated to 93.00 percent, but the bank also identified competition, slower enterprise AI adoption and changes in government contract win rates as risks, as TheStreet reported.
Three dates shape the setup
On August 3, 2026, Palantir reported second-quarter revenue of USD 1.94 billion. On October 1, 2026, Benzinga reported that the stock had gained 60.32 percent in the July-to-September quarter. On October 8, 2026, Goldman Sachs upgraded the stock from Neutral to Buy and set a USD 230.00 target.
Next reporting date
Palantir is scheduled to report third-quarter financial results on November 2, 2026, according to Benzinga.
Euro quote stays below the close
The Lang & Schwarz quote puts Palantir at EUR 171.73 on October 21, 2026 at 11:16 a.m. CEST, down EUR 0.23 or 0.13 percent versus the Xetra close of October 20, 2026 at EUR 171.96. The Nasdaq-listed company therefore enters its next results date with rapid reported growth and a fresh USD 230.00 analyst target.
The further course of trading is shown by the continuously updated real-time quote of Palantir stock.
Palantir stock facts
- Company: Palantir Technologies Inc.
- ISIN: US69608A1088
- WKN: A2QA4J
- Ticker: PLTR
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 21, 2026, 11:16 a.m. CEST): EUR 171.73
- Change versus Xetra close: minus 0.13 percent
- Xetra close (October 20, 2026): EUR 171.96
- Market capitalization: USD 443.1 billion (as of October 20, 2026)
- 52-week range: USD 106.37-212.94 (as of October 20, 2026)
- Sector / Industry: Technology / Software - Infrastructure
- Index membership: Nasdaq-100
- Next earnings date: November 2, 2026
Market context: Market report S&P 500.
