Mizuho Maintains $205 Price Target on Palantir Despite Growth Slowdown
Mizuho Securities has reiterated a 'Hold' rating on Palantir Technologies (NASDAQ: PLTR), maintaining a 12-month price target of $205. The target suggests a 21.58% upside potential, even as the company's growth momentum shows signs of deceleration.
Palantir's stock has surged 119% over the past year but gained just 6.8% in the last six months. Wall Street analysts broadly view the stock as a 'Hold', with an average 16.7% upside projected for 2026. The company continues to secure significant government contracts, including a recent deal with ICE to develop the 'ImmigrationOS' system.
Analyst Gregg Moskowitz at Mizuho cited the stock's strong performance while acknowledging emerging caution among investors. The price target reflects tempered expectations as Palantir transitions from hyper-growth to a more mature phase.
