Palantir Stock Price Forecast 2025, 2027, 2030: Buy PLTR Shares?

Summary:
• Palantir stock price has darted higher in 2023 as investors move to buy stocks. They were trading at $6.90 on Thursday. Buy PLTR shares?

Palantir (NYSE: PLTR) stock price has darted higher in 2025, defying the broader AI industry trajectory. The shares have gained 55.4% year-to-date, and were trading at $120 as of this writing. In addition, it has gained 420% in the last 12 months, dwarfing market leader Nvidia’s 24% gains. With that, its market capitalisation has risen substantially, to $279 billion as of this article. In this PLTR stock prediction, we will explain its growth outlook and asses whether it is a good buy today.

What is Palantir Technologies?

Palantir Technologies is a company that was started by Peter Thiel, a serial entrepreneur who co-founded PayPal. The company was started shortly after the 911 terrorism act to provide the US and other allies tools to prevent future terrorist activities. It remained as a private enterprise for years until it went public in 2020.

Palantir provides its services mostly to the American government. It serves agencies like the military and ICE. In most cases, the company’s clients pays it millions of dollars for a single deployment. At the same time, the company has been seeking to grow its business in the private sector, where it serves companies like Airbus, Ferrari, Apache, Tyson, BMW, and Merck.

Palantir products and services: What does Palantir do?

Palantir’s products are not used by most people and most investors don’t have a good understanding of what it does. Besides, the products are deployed in large and highly-secretive government agencies and large companies. Palantir has three key products. First, there is Gotham, which enable users to identify patterns hidden within large datasets. 

Second, the company provides Foundry, a platform that helps organizations operate by crating their central operating system for their data. Individuals can then use the data with speed and test new ideas. Finally, it has Apollo, which is a product that enables the rapid, secure, and safe software updates. 

Why Has Palantir Defied the Market?

The broader tech market has taken a hit following US trade tariff barriers that have injected a bearish sentiment across the board. The AI Industry has faced additional downward pressure, as the Trump administration has restricted exports of high-end GPUs and targeted semiconductors in its reciprocal tariff policy.

However, Palantir stock price has stayed on the upward trajectory, thanks to the cushion offered by the company’s bulk business with the US government. That means its orderbook is not threatened by tariffs or export restrictions, unlike rivals like Nvidia, Intel and Broadcom.

Latest Palantir Technologies news

A substantial portion of Palantir’s earnings come from the Department of Defence. In mid-April, Palantir announced that it had won a contract to supply NATO with its AI-driven Maven Smart System, touted to enhance battleground planning, awareness, target identification.

About 55% of the company’s revenues come from government contracts. With NATO members under pressure from the US to increase their defense spending to at least 2% of their GDP, this could be the beginning of better days for the company.

Is Palantir Overvalued?

For all its glossy outlook and market-defying performance, Palantir’s stock price performance could have potentially driven into into an overvaluation. At its current level, the stock price is valued at 74x the company’s expected sales and 214x its expected revenue this year. That leaves little room for error on the company’s business model.

In addition, the proposed cuts to Pentagon spending could impact Palantir’s balance sheet substantially. The Pentagon has proposed to reduce its budget by 50 billion every year for the next five years. Therese are existential risks that could potentially weigh down on Palantir stock price in the medium and long term

Palantir stock price history

Palantir share price has had a mixed performance after it went public in 2020. The stock initially traded at $9 where it was listed.

After the initial gains, the PLTR stock price crashed to an all-time low of $6.44 as insiders continued dumping the stock. However, it experience an exponential growth in 2024, rising from $16.50 in January and peaking at $84.80 in late December as the AI technology gained prominence.

That momentum has gone a notch higher in 2025, with Palantir stock price having hit an all-time-high price of $125.41 in mid-February. The stock has since declined to trade at $118.40 as of this writing, which translates to 1,084% gain from its original listing price of $10.

Is Palantir Technologies profitable?

A common question is whether Palantir is a profitable company. The company initially struggled to return a profit, but has since flipped the tables. Palantir reported its first GAAP profit in Q4 of 2022 and has reported a profit in each quarter since then.

It saw its liquidity position improve by $1.9 billion in 2024, it had over $3.1 billion worth of tradeable securities and no debt. In addition, Palantir will report its Q1 2025 earnings on March 5, with analysts projecting a 62% YoY jump in EPS to $0.13. In addition, Its revenues are projected to come at $864, translating to 36% YoY growth.

Is Palantir a good investment? Is PLTR a good investment?

Investors are divided about Palantir. Some believe that it is an excellent company that is in an exciting industry that is hard to disrupt. They also cite the fact that Palantir is has a strong order book, strengthened by government contracts. Further, they believe that the company will continue gaining traction as geopolitical tensions rise. In addition, the company’s commercial revenue is projected to grow significantly in the medium and near-term.

On the other hand, people critical on Palantir cite the fact that the company is currently overvalued relative to its revenue numbers. Also, they note the fact that the company’s products are incredibly difficult to understand by ordinary people. 

Is Palantir a buy, sell or hold?

According to TipRanks, 18 Wall Street analysts’ forecast for Palantir stock price for the next 12 months is $93.69. The stock is currently comfortably above that level. In addition, the average lowest price is at $40, implying a 95% downside on the current price. Therefore, it is safe to conclude that analysts have been a bit bearish on the stock. On the upside, the average target price is at $125, implying a 6% gain from the current level.

Wall Street analysts’ Palantir 12-month stock price forecast. Source: TipRanks

Jefferies recently kept their PLTR share price target to $60, maintaining an “underperform” rating. Goldman Sachs has a “neutral” rating with a $80 target, while Morgan Stanley has a $90 price target with an “equal weight” rating. Most of these analysts cited the prevailing trade tariff risks for their measured assessment of the company’s prospects.

Palantir Technologies Peter Thiel stake

Peter Thiel is one of the richest people in America. According to Bloomberg, he is the 102nd richest person in the world with a net worth of over $19.2 billion. Forbes places his net worth at about $19.7 billion. Peter Thiel owns 4.5% of Palantir Technologies. At the current price, his holding is worth over $12.6 billion.

Palantir stock price forecast 2025

The daily chart shows that the PLTR stock price has been in a strong bearish trend for months. It remains below the descending trendline shown in purple. The Relative Strength Index (RSI) indicator reading is at 67.99 on the weekly chart, affirming bullish control. Also, MACD is tilting upwards and is above the signal line.

Therefore, my view is that the upward trend will continue in the first half of the year, with most pivot action likely to be in the $100-$110 range. Medium-term resistance will likely be at $127.30. However, an extended control by the bulls could extend the action to test $150. Breaching that mark could clear the path to test $200.

On the downside, the price could bounce off the first support at $86.75, but a stronger downward momentum could head lower to the second support at $70. Breaking below that level will invalidate the upside narrative and the resulting momentum could send PLTR price lower to test $60. Much, however, will depend on Palantir’s Q1 and Q2 earnings, which could set the tone for the rest of the year.

PLTR stock price forecast 2026, 2030

I believe that Palantir stock price will be much higher than it is today by 2025 and 2030. That’s because the company has a strong revenue source from the US Government contracts and will likely benefit from NATO’ impending defense budget spikes. In addition, it will likely continue attracting more commercial clients in the medium and long term. Based on these factors, Palantir stock price could breach the $200 mark by 2026. Also, we can’t rule out a situation where the PLTR stock price rises to about $500 by 2030. Read our previous PLTR share price prediction here.