UBS raises target for Palantir stock from USD 220 to USD 250

Published on 10/02/2026 at 16:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 1.94 billion, up 92.80 percent. Palantir stock costs EUR 170.61 on October 2, 2026 versus EUR 168.54, plus 1.23 percent.

Schwarz-Weiß-Reportagefoto eines Analysten beim Zeichnen von Netzwerkknoten am Whiteboard — Palantir Technologies Inc (US69608A1088) – Data-Analyst skizziert komplexe Netzwerk-Knotenpunkte dokumentarisch auf einem Whiteboard, Illustration mit AI erstellt.

UBS raised its Palantir Technologies price target from USD 220 to USD 250 on September 15, 2026, while maintaining a Buy rating, according to CNBC. Palantir Technologies stock was trading at EUR 170.61 at Lang & Schwarz on October 2, 2026 at 4:00 p.m. CEST, up 1.23 percent versus the EUR 168.54 prior close.

UBS raises the valuation bar

UBS analyst Karl Keirstead linked the higher target to Palantir's artificial intelligence software demand and wider enterprise use cases. The new USD 250 target followed an earlier USD 220 target and marked the firm's third upward revision in 2026, CNBC reported.

The valuation debate remains important because UBS also described Palantir as trading at 51 times expected free cash flow for 2027. That premium places execution alongside growth at the center of the stock story.

Second-quarter growth stays substantial

Palantir reported USD 1.94 billion in revenue for the second quarter of 2026, an increase of 92.80 percent from the prior-year quarter and 19.00 percent from the first quarter. Revenue exceeded the USD 1.81 billion consensus estimate by 7.20 percent, according to Zacks.

Second-quarter earnings per share reached USD 0.41, compared with USD 0.16 in the prior-year quarter and USD 0.34 in the first quarter. The figure was 17.10 percent above the USD 0.35 consensus estimate, while cash from operations totaled USD 1.216 billion, Zacks reported.

Management expects third-quarter 2026 revenue of USD 2.16 billion to USD 2.164 billion. Full-year 2026 revenue guidance stands at USD 8.15 billion to USD 8.158 billion, giving investors a defined benchmark for the next earnings update.

Palantir stock stays below its high

Palantir's market capitalization was USD 441.5 billion on October 2, 2026. The 52-week range was USD 106.37 to USD 207.52, leaving the current US-dollar quote below the upper end while the company's latest operating figures continue to expand.

Palantir Technologies stock was trading at EUR 170.61 at Lang & Schwarz on October 2, 2026 at 4:00 p.m. CEST, plus 1.23 percent versus the EUR 168.54 prior close. The further course of trading is shown by the continuously updated real-time quote of Palantir stock.