Palantir's rally to fresh all-time highs shows Wall Street is buying into its AI growth story. PLTR now trades at a hefty 129x FY26 earnings, even though long-term earnings growth expectations have barely budged. Net dollar retention has climbed to 157%, showing that existing customers keep spending more, and there's good reason to believe this trend still has legs.
Some AI researchers are picking up cigarettes, Palantir's CTO said. Why? They think AI is going to cure cancer anyway, Shyam Sankar said.
Finbold's predictive machine learning algorithm forecasted that the Palantir (NASDAQ: PTLR) stock rally that started on September 10 and took the equity 26.04% higher to $209.05 at the latest close will slow down, but not stop, by October 31, 2026.
Palantir Technologies (NASDAQ: PLTR) stock has reached a record closing high of $209, extending its rally as demand for its artificial intelligence (AI) software continues to drive strong revenue growth.
Palantir is upgraded from 'strong sell' to 'buy' after a reassessment of its business model and prospects. Initial concerns that AI would turn customers into competitors proved unfounded, as PLTR benefits from customers building their own software. PLTR management actively encourages customer AI development, viewing it as complementary rather than a threat to its platform.
Palantir remains a bullish position after doubling since June, driven by record Q2 results and robust forward guidance. PLTR delivered 93% YoY revenue growth, 157% net dollar retention, and signed a record 220 $1M+ deals, fueling confidence in sustained momentum. Valuation at 130.8x 2026 earnings is justified by accelerating earnings growth, a $9.4B cash pile, and expanding FCF margins.
OpenAI's ChatGPT is predicting Palantir Technologies (NASDAQ: PLTR) stock could hit a new record high by the end of Q4 2026.
Goldman Sachs just broke from the Wall Street pack and handed Palantir a rare upgrade, arguing the AI data company is entering a new growth phase that could stretch well beyond what most analysts expect.
Palantir Technologies (NASDAQ:PLTR | PLTR Price Prediction) stock is at $205.77, up 4% in afternoon trading, after Barclays opened coverage with an Overweight rating and a $265 price target.
Palantir's rally gains steam as Goldman Sachs turns bullish and Dan Ives names it a top tech pick for 2027. Here we present some ETFs that offer exposure to PLTR.
Palantir Technologies NASDAQ: PLTR has been one of the biggest winners in the last earnings season. PLTR is up approximately 60% since August, and it's within about 5% of its 52-week high.
Gorilla Technology Group (NASDAQ:GRRR) stock is diving 10% to $10.77 after the company announced a non-binding letter of intent to acquire its first data center in the U.S.