Citigroup Raises PLTR Price Target to $250
Key Points
- Citigroup maintained its Buy rating on Palantir Technologies Inc. on October 22, 2026, pushing its price target up from $245.00 to $250.00.
- Citigroup's $250 price target implies 27.36% upside from Palantir Technologies Inc.'s ($PLTR) current $196.29 share price.
- Palantir Technologies Inc. recently traded around $196.29, sitting 6.7% above its 50-day moving average of $183.89.
- Four insiders sold shares totaling several million dollars earlier in October 2026 ahead of the upcoming November earnings report.
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Citigroup reiterated its Buy rating on Palantir Technologies Inc. PLTR on October 22, 2026, while lifting its price target from $245.00 to $250.00. The research note arrived as the software firm prepares for its next quarterly updates.
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Citigroup's Call on Palantir Technologies Inc.
On October 22, 2026, Citigroup maintained a Buy rating on the software provider while raising its price target from $245.00 to $250.00. The updated target reflects growing confidence in the firm's data platforms.
Palantir Technologies Inc. Stock Up 1.9%
Palantir Technologies Inc. recently traded around $196.29 as of October 22, 2026, while closing that day at $196.19. The stock trades about 6.7% above its 50-day moving average of $183.89 and roughly 28.3% above its 200-day moving average of $152.99. Shares sit 7.8% below their 52-week high of $212.94 and 84.5% above their 52-week low of $106.37.
$PLTR price target
Palantir Technologies Inc. daily closes and this analyst's $250 target. Not advice.
Recent Earnings
Palantir Technologies Inc. reported trailing-twelve-month revenue of $6.16 billion alongside basic earnings per share of $1.16. The company posted a net profit margin of 49.0% and a return on equity of 38.1%. The next earnings release is scheduled for November 2, 2026.
Insider Buying and Selling at Palantir Technologies Inc.
Several company insiders completed stock sales in October 2026. On October 8, 2026, officer Ryan Douglas Taylor sold 18,000 shares at $201.15 apiece for a total value of $3,620,700. On the same day, director Lauren Elaina Friedman Stat sold 5,026 shares at $199.00 each for $1,000,174. On October 9, 2026, director Eric H Woersching sold 1,000 shares at $205.00 for $205,000. Later, on October 15, 2026, director Alexander D Moore sold 16,000 shares valued at $3,167,867.
Analysts Set New Price Targets
Other Wall Street institutions have recently adjusted their views on the company. On September 23, 2026, Rosenblatt maintained a Buy rating with a $225.00 target. Goldman Sachs upgraded the stock to Buy with a $230.00 target on October 8, 2026. Barclays initiated coverage with an Overweight rating and a $265.00 target on October 9, 2026. Mizuho maintained an Outperform rating and raised its target from $215.00 to $245.00 on October 15, 2026. Across 26 analyst opinions, the stock carries a consensus buy recommendation with a mean price target of $206.43.
About Palantir Technologies Inc.
Palantir Technologies Inc. builds specialized software platforms used by government intelligence agencies and commercial enterprises to integrate large data sets and handle complex analytical operations. Headquartered in Aventura, Florida, the company plays a major role in modern defense and commercial data infrastructure.
Bottom Line
Investors will watch the upcoming earnings release on November 2, 2026, for fresh details on revenue growth and software adoption trends. Additional analyst updates may follow as the report approaches.
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Source: Citigroup's rating change on $PLTR (Oct 22, 2026). Written by software, not financial advice. How we make alerts