“We believe Palantir has a 'golden path to become the next Oracle' over the coming years and while the valuation is expensive today we see the Messi of AI as a core winner in the trillions of AI spend over the next few years — 12-month price target raised to $160 from $140.”

Dan Ives Wall Street

Managing Director and Global Head of Technology Research, Wedbush Securities

Said Jul 10, 2025Deadline Jul 10, 2026CNBC, 'Wedbush's Dan Ives raises Palantir target, sees it as top software stock to play AI revolution', July 10, 2025

Palantir traded above $180 in August 2025 and hit an all-time high of $207.52 on November 3, 2025, exceeding the $160 target well inside the 12-month window.