Goldman upgrades Palantir stock as shares gain 3.33 percent

Published on 10/08/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman set a USD 230.00 target on October 8, 2026, with 18.00 percent upside. Palantir stock costs EUR 178.84 versus EUR 173.08, plus 3.33 percent.

Key points in brief

Goldman Sachs upgraded Palantir from Neutral to Buy and set a USD 230.00 12-month price target on October 8, 2026.
Palantir reported USD 1.935 billion in second-quarter 2026 revenue, up 93.00 percent year over year.
The Lang & Schwarz quote was EUR 178.84, up 3.33 percent versus the EUR 173.08 prior close on October 8, 2026.

Isometrisches 3D-Diorama eines globalen Datennetzwerks mit Low-Poly-Weltkugel, Servern und leuchtenden Verbindungslinien — Palantir Technologies Inc (US69608A1088) – isometrisches Low-Poly-Diorama mit globalem Datennetzwerk, Servern und Weltkugel, Illustration mit AI erstellt.

Palantir (ISIN US69608A1088) was trading at EUR 178.84 at Lang & Schwarz on October 8, 2026 at 4:38 p.m. CEST, plus 3.33 percent versus EUR 173.08. On October 8, 2026, Goldman Sachs upgraded Palantir from Neutral to Buy and set a 12-month USD 230.00 price target, as CNBC reported.

Goldman sees a wider AI market

Goldman analyst Gabriela Borges said sovereign AI, bespoke applications and vertical strategies could expand Palantir's addressable market. The USD 230.00 target implied 18.00 percent upside from the Thursday closing reference cited by CNBC.

That argument meets a demanding valuation backdrop. Palantir's market capitalization was USD 461.6 billion on October 8, 2026, while the Nasdaq quote stood at USD 201.04 at 10:47 a.m. EDT, compared with a USD 194.12 prior close.

What does the target imply?

The target gives the analyst thesis a concrete test: Palantir must convert expanding AI deployments into reported growth while sustaining profitability. In the second quarter of 2026, revenue rose 93.00 percent year over year to USD 1.935 billion, while US commercial revenue increased 149.00 percent to USD 764.0 million, according to MarketCapOf.

Three milestones frame the move

On June 30, 2026, Palantir's second-quarter revenue reached USD 1.935 billion, up 93.00 percent year over year, according to MarketCapOf. On September 10, 2026, Palantir announced three new collaborations covering NVIDIA supply chains, cybersecurity and Fujitsu's Japanese enterprise push, Yahoo Finance reported. On October 8, 2026, Goldman Sachs set the USD 230.00 target and changed its rating to Buy, according to CNBC.

Palantir stock gains 3.33 percent

Palantir was trading at EUR 178.84 at Lang & Schwarz on October 8, 2026 at 4:38 p.m. CEST, up 3.33 percent against the EUR 173.08 prior close at Lang & Schwarz on October 7, 2026. The primary Nasdaq quote was USD 201.04 at 10:47 a.m. EDT on October 8, 2026, versus USD 194.12 previously. The further course of trading is shown by the continuously updated real-time quote of Palantir stock.