Goldman Sachs upgrades Palantir to Buy with $230 price target

Palantir PLTR AIP (Artificial Intelligence Platform)

Goldman Sachs moved Palantir from Neutral to Buy on October 8, 2026 and set a 12-month price target of $230. The case rests on sovereign AI demand, custom applications and an industry-focused sales push, plus the 93% revenue growth in Q2. The upgrade lands ahead of the Q3 report, which the company has not yet dated in this window.

Rating moved from Neutral to Buy
12-month price target $230
Drivers: sovereign AI demand, custom software, industry-specific sales
Cites Q2 revenue growth of 93%

PLTR around the story · hourly24 h reaction ▲ 3.87%

Moves this explains

PLTR+5.11%Oct 8 · Palantir rose 5.11% to $208.74 the day after Goldman Sachs upgraded the stock to Buy with a $230 price target, as reported. The S&P 500 rose 0.47% and Oracle rose 3.96% the same day, so part of the move is market-wide.

Source

TIKR

Oct 8, 2026

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