Wall Street sets Palantir stock price for the next 12 months

After a 600% rally, Wall Street is turning more cautious on Palantir (NASDAQ: PLTR) stock. Mizuho reiterated a ‘Hold’ rating on January 21 but assigned a relatively bullish $205 12-month price target for PLTR shares

The 21.58% upside forecasted by the analysis firm’s Gregg Moskowitz is consistent with a slowdown in momentum. While Palantir is up 119% over the past year, gains have tapered recently, with the stock rising just 6.8% over the last six months.

Since the start of 2026, Palantir has slipped 5.13% to $168.62, showcasing both the extreme rally it had enjoyed previously and the general instability that has persisted since New Year’s Day.

PLTR stock 12-month price chart. Source: Finbold

Mizuho’s view…

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