Palantir stock: Baird raises target for Palantir stock to USD 250.00

Published on 10/19/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June 2026 revenue rose 93.00 percent to USD 1.94 billion. Palantir stock costs EUR 172.20 on October 19, 2026, up 2.82 percent versus Xetra close.

Analyst target and valuation

Baird analyst William Powers lifted his Palantir target to USD 250.00 on October 12, 2026.
Palantir revenue rose 93.00 percent to USD 1.94 billion in the second quarter of 2026.
Palantir stock costs EUR 172.20 at Lang & Schwarz on October 19, 2026 at 4:33 p.m. CEST, 2.82 percent above the Xetra close of October 16, 2026.
Palantir will release third-quarter 2026 results on November 2, 2026.

Flatlay auf dunklem Anthrazit-Schreibtisch mit Laptop, USB-Stick, Sticky-Notes und Diagramm-Ausdrucken — Palantir Technologies Inc (US69608A1088) – Flatlay mit Notebook, USB-Stick und Sticky-Notes auf Anthrazit-Schreibtisch, Illustration mit AI erstellt.

Baird analyst William Powers raised his Palantir target from USD 200.00 to USD 250.00 on October 12, 2026, according to Investor's Business Daily. The new target is 29.07 percent above Palantir's Nasdaq price of USD 193.71 on October 19, 2026. At Lang & Schwarz, the stock was trading at EUR 172.20 on October 19, 2026 at 4:33 p.m. CEST, up 2.82 percent versus the Xetra close of October 16, 2026.

Revenue rose 93.00 percent

Palantir's second-quarter revenue reached USD 1.94 billion, up 93.00 percent from the year-ago quarter. Palantir reported the period ended June 30, 2026 with GAAP net income of USD 1.06 billion and a 55.00 percent margin. The company also guided third-quarter revenue to USD 2.160 billion to USD 2.164 billion.

Price sits below yearly high

The Nasdaq quote reached USD 194.18 at the October 19, 2026 session high and traded as low as USD 186.16. Palantir's 52-week range was USD 106.37 to USD 212.94, placing the current Nasdaq price 9.03 percent below the high. Trading volume stood at 6,481,862 shares against an average of 32,724,401 shares.

Valuation and November 2 date

Palantir's market capitalization was USD 445.7 billion and its trailing P/E was 163.94 on October 19, 2026. The next scheduled event is the third-quarter report on November 2, 2026, after the U.S. market close, followed by a webcast at 5:00 p.m. ET, as Business Wire reported on October 12, 2026.

Comparison with peers

Palantir: plus 2.82 percent, P/E 163.94, market capitalization USD 445.7 billion
Snowflake (NYSE, USD): plus 3.67 percent, market capitalization USD 112.2 billion
Salesforce (NYSE, USD): minus 0.84 percent, P/E 21.77, market capitalization USD 196.4 billion

Market position on October 19

Palantir's current euro quotation remains below its October 16 Nasdaq close in absolute valuation terms only because the two figures use different currencies. For investors, the next test is whether the November 2 report supports the revenue pace already embedded in the 163.94 P/E.

Trading level and outlook

Palantir was trading at EUR 172.20 at Lang & Schwarz on October 19, 2026 at 4:33 p.m. CEST, 2.82 percent above the Xetra close of October 16, 2026 at EUR 167.47. The Nasdaq quote was USD 193.71 at 10:38 a.m. ET on October 19, 2026.

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