Key Stats for Palantir Stock

• Price change for Palantir stock: -1%
• $PLTR Share Price as of Apr. 27: $141
• 52-Week High: $208
• $PLTR Stock Price Target: $184

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What Happened?

Citi cut its price target on Palantir (PLTR) stock from $260 to $210.

But here’s the thing — the firm actually raised its earnings estimates at the same time and kept its Buy rating unchanged.

So why the lower target?

It comes down to valuations across the software sector. Multiple compression hits enterprise software hard in 2026, and Palantir stock got caught in that reset even though the underlying business looks…