Analyst Forecasts Palantir Shares to Hit $200 Ahead of Today's Earnings Report
New York, Monday, 2 February 2026.
William Blair upgraded Palantir to Outperform today, setting a $200 price target. This implies a massive 36% upside potential just hours before the company releases its fourth-quarter earnings.
Institutional Confidence Grows
In a decisive move this morning, William Blair analyst Louie DiPalma raised Palantir Technologies’ rating from Market Perform to Outperform [1][2]. The firm set a price target of $200 per share, indicating a potential upside of approximately 36.435% relative to the stock’s opening price of $146.59 on Monday [3][4][5]. This bullish adjustment arrives precisely as investors position themselves for the company’s fourth-quarter financial disclosures, scheduled for release after the U.S. market closes today, February 2, 2026 [3][6]. Market activity reflected this optimism, with shares trading within a range of $141.58 to $151.40 during the session [6].
High Stakes for Fourth-Quarter Results
The timing of this upgrade underscores the critical nature of the upcoming earnings report, which serves as a litmus test for the company’s valuation and growth trajectory [3]. Wall Street consensus estimates suggest Palantir will report earnings per share (EPS) of $0.23, marking a significant increase of over 64% compared to the same period last year [3][6]. Revenue expectations are equally robust; analysts project a top-line figure of $1.34 billion, representing a year-over-year surge of 61.9% [3]. This aligns closely with management’s own guidance, which forecasted revenue between $1.327 billion and $1.331 billion for the quarter [3].
Diverging Analyst Perspectives
While William Blair has joined the bullish camp, the financial community remains sharply divided regarding Palantir’s future stock performance. On the optimistic side, Citigroup recently upgraded the stock to “Buy/High Risk,” raising its price target to $235 and citing the company’s technical advantages in data ontology and enterprise AI [3]. Conversely, RBC Capital Markets maintains a significantly more bearish stance. Analyst Rishi Jaluria has kept an “Underperform” rating with a price target of just $50, implying a potential downside risk of approximately 66.266% from Monday’s intraday pricing [3][6]. This wide disparity in valuations highlights the volatility and debate surrounding the sustainability of the current AI-driven market boom [3].