Palantir stock gains as D.A. Davidson lifts target after strong AI growth
Published on 09/14/2026 at 14:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Palantir Technologies stock (ISIN US69608A1088) is drawing attention after D.A. Davidson raised its price target to USD 250 on September 14, 2026, implying around 50 percent upside from the share price when the call was made and underscoring confidence in the company’s artificial intelligence growth story, as reported by Invezz on September 14, 2026.
Analysts highlight upside for Palantir stock
According to Invezz on September 14, 2026, D.A. Davidson analyst Gil Luria lifted his price target for Palantir stock to USD 250 from USD 200 and maintained a Buy rating after the company’s AIPCon 11 event, arguing that the data analytics specialist could still win even if the broader AI boom slows.
The same report notes that Rosenblatt analyst John McPeake reiterated a Buy rating and a USD 225 price target on Palantir stock after AIPCon 11, citing customer checks that indicated a strong pipeline of potential commercial customer conversions across multiple industries, according to Invezz.
Revenue growth accelerates on AI demand
Palantir’s latest quarterly figures show how strongly the AI trend is feeding into the numbers: revenue reached USD 1.94 billion in the most recent reported quarter, up 92.8 percent year on year and well ahead of Wall Street expectations of about USD 1.81 billion, as highlighted by TradingView on September 13, 2026.
Within that total, U.S. commercial revenue stood at USD 764 million and grew 149 percent from the same quarter a year earlier, showing that AI adoption is spreading rapidly beyond Palantir’s traditional government customer base, according to TradingView.
The company’s adjusted earnings per share came in at USD 0.41 in that quarter, beating analyst estimates of about USD 0.35 and translating into a Rule of 40 score of around 155 percent when combining revenue growth with profitability metrics, as summarized by 24/7 Wall St on September 14, 2026.
Based on the strong second-quarter performance, Palantir raised its full-year revenue guidance to a range of USD 8.15 billion to USD 8.16 billion, up from a previous range of USD 7.65 billion to USD 7.662 billion, which implies roughly a 10 percent uplift to the company’s outlook, as reported by TradingView.
AI positioning and competitive context
In a broader AI context, Palantir is being grouped with beneficiaries of the ongoing build-out of artificial intelligence infrastructure, with 24/7 Wall St on September 14, 2026, noting that the company’s quarter looked aggressive even on a smaller revenue base compared with some larger AI hardware players.
The same analysis highlights that Palantir’s adjusted EPS of USD 0.41 exceeded a USD 0.28 estimate referenced in that piece, and that management has been emphasizing the company’s ability to convert AI tokens and models into tangible economic value for customers, according to 24/7 Wall St.
Separately, a research overview by StockStory on September 14, 2026, points out that in the first quarter of calendar 2026 Palantir generated revenue of USD 1.63 billion, up 84.7 percent year on year versus analyst estimates of USD 1.54 billion, and delivered non-GAAP profit of USD 0.33 per share, which was 18.1 percent above consensus.
That same report from StockStory adds that Wall Street analysts have a consensus one-year price target of USD 183.73 on Palantir compared with a then-current share price of USD 113.76, indicating that even before the latest target increase by D.A. Davidson some room for further upside was seen.
Stock price and market metrics
On the market side, Palantir stock trades on the New York Stock Exchange under the ticker PLTR, with investors focusing on how the rapid revenue growth and improving profitability metrics justify the company’s valuation in light of analyst targets around USD 183 to USD 250, based on the various estimates cited by StockStory and Invezz.
For investors, a key question now is how sustainably Palantir can maintain revenue growth rates in the 80 to 90 percent range while keeping adjusted margins high enough to support the premium price-to-sales and price-to-earnings multiples that are implied by the latest analyst price targets and the consensus target of USD 183.73 reported by StockStory.
Palantir Technologies stock facts
- Company: Palantir Technologies Inc.
- ISIN: US69608A1088
- Ticker: PLTR
- Trading venue: NYSE
- Sector / Industry: Software / Data analytics and AI
- Index membership: S&P 500
