# Mizuho, Baird Lift Palantir Targets as Shares Lose 7.2%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/34387
Published: 2026-10-18T13:51:27.000Z
Updated: 2026-10-18T13:51:27.000Z
Section: Investing

> Palantir closed at $186.03 on Oct. 16. Its third-quarter earnings webcast is scheduled for Nov. 2 at 5 p.m. ET (22:00 UTC).

Palantir Technologies (PLTR) shares fell 7.22% Friday as Mizuho and Baird raised their price targets to $245 and $250, leaving both estimates well above the stock’s latest close.

The Nasdaq-listed shares ended Friday, Oct. 16, at $186.03, down $14.47 by the 4 p.m. ET (20:00 UTC) close.

Gregg Moskowitz, a Mizuho analyst, lifted his target to $245 from $215 on Thursday, Oct. 15, and kept an Outperform rating. He described Mizuho’s third-quarter channel checks as “very healthy overall.” Baird analyst William Power raised his target to $250 from $200 on Monday, Oct. 12.

Measured against the Oct. 16 close, Mizuho’s target is about 32% higher and Baird’s is about 34% higher. The targets concern Palantir’s common shares, not Binance’s PLTRUSDT contract, which is a separate instrument.

PLTRUSDT is an equity perpetual derivative that tracks Palantir common stock, trades around the clock and settles in USDT. Binance launched the contract on Feb. 9, 2026. Its price is separate from the Nasdaq-listed shares, so the analysts’ targets apply to the stock rather than the derivative.

Palantir plans to release third-quarter results after the U.S. market closes Nov. 2.

The company has scheduled a webcast for 5 p.m. ET (22:00 UTC).