Palantir (NASDAQ: PLTR) delivered a strong first quarter, with revenue growth accelerating to 85% year-over-year, up from 70% in the prior quarter.
The company also raised its full-year 2026 revenue guidance to between $7.65 billion and $7.66 billion, well above its previous range and ahead of the $7.24 billion consensus estimate.
Accordingly, analysts are already reacting positively. For example, Rosenblatt boosted its PLTR stock price target from $200 to $225 on Monday, May 4, reiterating a ‘Buy’ rating.
More specifically, the firm pointed to a decisive beat on both revenue and profit, alongside a 56% surge in trailing twelve-month revenue and forward guidance that topped Wall Street expectations.
Turning to machine learning algorithms for a more short-term prediction, however, the Palantir outlook appears somewhat mixed.
AI predicts Palantir stock price target
Based on aggregated data from Finbold’s AI prediction agent, the average predicted PLTR share price on Friday, May 29, 2026, is $146.25, a modest 1.53% gain over the last closing price of $144.05.
As May 31 falls on Sunday, the May 29 figure can be seen as Palantir’s last closing price this month.
Our prediction tool relied on a set of three machine learning models to generate an average price for the specified time frame. While the final figure implies some upside, the actual price range given by the large language models (LLMs) points to a somewhat mixed short-term outlook.
Notably, GPT-5.2 delivered the most bullish projection, estimating a price of $153.75, implying a potential upside of 6.74%. In contrast, DeepSeek Chat produced a more conservative forecast at $145.50, suggesting a 1.01% gain.
Meanwhile, Gemini 3 Flash stood out as the only bearish model, predicting a decline to $139.50, or a 3.16% downside.
Palantir price outlook
Of course, not all Wall Street analysts are positive on the tech company. Jefferies, for example, reiterated a ‘Sell’ rating on May 5, arguing that valuation remains a key concern. The research note further noted that even if Palantir reaches around $12 billion in revenue by 2027, it would still be trading at roughly 31x forward enterprise value-to-revenue.
The cautious stance contrasts with a wave of bullish reactions. In addition to the already mentioned Rosenblatt, Wedbush Securities maintained an ‘Outperform’ rating with a $230 price target, pointing to strong execution. Bank of America also reiterated a ‘Buy’ rating with a $255 target, while Loop Capital maintained its ‘Buy’ call and set a $220 price target.
Weighing in on the whole situation, former hedge fund manager and analyst Jim Cramer also pushed back against the negative market reaction, arguing that much of the commentary misses the bigger picture. Namely, he noted that Palantir’s free cash flow exceeded the company’s total revenue from the same quarter a year ago, which he believes is more indicative of underlying business strength.
Featured image via Shutterstock
