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Palantir Technologies Stock Could Reach $300 by the End of 2028

The Motley Fool·
Palantir Technologies Stock Could Reach $300 by the End of 2028

Palantir Technologies has rallied 70% since August and currently trades around $207. The article argues the stock could reach $300 by end of 2028, driven by strong AI software spending growth (projected to reach $636 billion by 2027), Palantir's successful AI Platform (AIP), and a robust $13.1 billion backlog. If the company doubles earnings in 2027 and 2028 to reach $6.48 EPS, a 46x earnings multiple could support a $300 price target.

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