Palantir stock gains after UBS lifts its target to USD 250
Published on 09/17/2026 at 14:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Palantir stock (ISIN US69608A1088) closed at USD 174.34 on Nasdaq on September 16, 2026, up 1.0 percent from the prior session. UBS raised its price target to USD 250 from USD 220 on September 15, 2026, and kept a Buy rating, according to TheStreet.
Q2 numbers set the tone
Palantir reported second-quarter 2026 revenue of USD 1.94 billion, up 92.8 percent year over year, while adjusted EPS came in at USD 0.41 versus USD 0.34 expected, according to MarketBeat. The same report said analysts now see full-year earnings of USD 1.27 per share.
That revenue figure matters because it sits alongside a raised 2026 outlook: Palantir guided for USD 8.15 billion to USD 8.16 billion in full-year revenue after the quarter, according to Startup Fortune. The same report said U.S. commercial revenue rose 149 percent to USD 764 million and total contract value reached USD 3.37 billion in the quarter.
Valuation stays in view
UBS's new USD 250 target leaves the stock about 43.5 percent below the bank's goal based on the September 16 close of USD 174.34. MarketBeat also reported a consensus price target of USD 195.33, which implies a smaller gap of about 12.0 percent from the same price.
For investors, the contrast is clear: Palantir is still trading at a premium valuation, but its latest quarter showed 92.8 percent revenue growth and an EPS beat of USD 0.07. That combination keeps the debate centered on how long the current growth rate can last.
Price and size
The shares were priced at USD 174.34 on Nasdaq on September 16, 2026, after a daily gain of 1.0 percent. Market capitalization stood at about USD 414.67 billion, according to ad hoc news.
Palantir stock facts
- Company: Palantir Technologies Inc.
- ISIN: US69608A1088
- Ticker: PLTR
- Trading venue: Nasdaq
- Price (as of September 16, 2026): USD 174.34
- Market capitalization: USD 414.67 billion (as of September 17, 2026)
- Sector / Industry: Information Technology / Software
- Index membership: S&P 500
