Deutsche Bank: Palantir Q3 Revenue Guidance Increases 83%, Target Price Raised to $225

according to Chaoxiang Research, Deutsche Bank's research report dated October 26, 2026, indicates that Palantir's median Q3 revenue guidance stands at $2.162 billion, up 83% year-over-year; commercial revenue is projected at $1.122 billion, up 105% year-over-year; government revenue is forecast at $1.041 billion, up 65% year-over-year; and the target price has been raised from $200 to $225.

Deutsche Bank assesses that Palantir's artificial intelligence platform (AIP) and Ontology platform bridge the gap between models and enterprise workflows. Its model-agnostic positioning enables it to consistently generate excess returns from token flows. As agent applications are deployed into production, demand for model invocations and governance will rise, thereby elevating the platform's strategic value. It maintains a Buy rating.