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Wall Street Splits on Palantir: Wedbush Targets $230, Benchmark Says Hold

A rich valuation tests conviction that rapid gains can continue.

Overview

  • Wedbush’s Dan Ives set a $230 one-year price target for Palantir, implying more than 50% upside from roughly $150.
  • Benchmark began coverage with a Hold rating and a $150 target, saying the company must add many new customers to support its price.
  • Palantir reported Q4 2025 revenue of $1.41 billion, a 70% year-over-year increase.
  • U.S. commercial sales grew 137% to $507 million as total commercial revenue reached $677 million and government revenue rose to $730 million.
  • The shares trade at about 112 times expected earnings, according to YCharts data, which sets a high bar for future results.