JPMorgan Sets $262 Palantir Target on $11.7B Cash-Flow Forecast

JPMorgan's new $262 valuation assigns Palantir Technologies (PLTR) shares a December 2027 target and an Overweight rating, tying the call to projected cash flow ahead of the company's Nov. 2 earnings release. The valuation applies a 55-times enterprise-value-to-free-cash-flow multiple to JPMorgan’s calendar 2028 estimates. The bank forecasts $11.7 billion in free cash flow that year and a 77% compound annual growth rate over three years. Those figures are JPMorgan estimates, not company guidance. JPMorgan analyst Brian Essex placed Palantir on Positive Catalyst Watch. Essex wrote that “Palantir is already delivering ROI ...

Source: TokenPost