PLTRBullpending
Meet KevinTarget Price
$222
“I think we're running this at like a 25 peg right now, which brings it to about a 222 fair value.”
Thesis at the time
BullishKevin owns Palantir, bought around $118, and believes it remains undervalued using a PEG-based model that yields a ~$222 fair value, though he thinks even that figure understates true upside by 20-30%.
Key arguments
- Bought shares around $118 before the Q3 rally
- PEG-based model (25 PEG) implies a $222 fair value
- Believes the $222 model output is 20-30% too conservative, implying more upside
Hedges and caveats (from the video)
- Acknowledges the software bottom 'probably isn't in yet' and could be 'pretty aggressive' when it arrives
- Notes that some stocks like QuickBooks are still lagging in recovery
- Mentions red flags alongside green shoots for Salesforce that will be discussed
- Discusses token/AI integration costs impacting software company margins as a headwind
- Valuation estimates presented are author's opinion and subject to market conditions
The call
- Date said
- Aug 29, 2026
- Current price (live)
- $184.99$37.01 below target
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
Specific model-derived target, softened by hedge phrasing ('I think', 'probably').
Source
The Software Stock Bottom is IN: Is it TOO LATE to Buy?
Said on Aug 29, 2026Open on YouTube ↗