Palantir guided 2026 revenue growth to 71% after Q1 came in at 85% YoY, yet shares remain down 20.28% year to date.

Palantir closed at $141.70 on June 4. Q1 2026 adjusted EPS hit $0.33, and management guided full-year adjusted operating income to $4.44 to $4.452 billion.

The consensus price target sits at $183.73, supported by 1 Strong Buy, 18 Buy, 10 Hold, 1 Sell, and 1 Strong Sell ratings (61% bullish). A base-case model lands at $163.08, implying 15.09% upside with 90% confidence level.

At $141.70, PLTR trades at a current forward P/E of 128x against $1.11 in forward EPS. Reaching $200 requires a 41.1% gain and a sustained forward P/E near 180x, contingent on U.S. commercial revenue clearing the $3.224 billion 2026 bar, Rule of 40 staying above 100, and government bookings not stalling.