Morgan Stanley lifts Palantir price target to $233 on strong Q3 results
Morgan Stanley raised its 12‑month price target for Palantir Technologies to $233, up from $205, while keeping an Equal‑Weight rating. The upgrade follows Palantir's third‑quarter 2026 earnings, which showed revenue of $2.31 billion, a 96% year‑over‑year increase, and adjusted earnings of $0.44 per share. The bank also increased its 2027 revenue growth outlook to 65% from 45% and its operating‑margin forecast to 63.5% from 61%, citing expanding sovereign AI demand.
Why it matters
The higher target suggests Morgan Stanley expects continued rapid growth, which could support a price rally for PLTR. The revised 2027 forecasts may influence investors' valuation models and expectations for future earnings.
Key facts
- 1Morgan Stanley raised Palantir's price target to $233 from $205. investing.com
- 2Palantir reported Q3 2026 revenue of $2.31 billion. investing.com
- 3Revenue grew 96% year‑over‑year in Q3 2026. investing.com
- 4Adjusted earnings were $0.44 per share in Q3 2026. investing.com
- 5Operating margins expanded to 61.7% in Q3 2026. investing.com
- 6Morgan Stanley lifted its 2027 revenue growth forecast to 65% from 45%. investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.