July 25 – Palantir Technologies (NASDAQ:PLTR) stock climbed to an all?time high of $158 on Friday morning, driven by strong investor demand, reflecting growing confidence in its data analytics platform. The company’s market value now tops $365 billion, driven by an 80% gross profit margin and a 481% one?year return.
U.S. Army awarded Palantir a $100 million, 11?month Next?Generation Command and Control prototype contract, part of a broader $3 billion Department of Defense request for fiscal 2026. That deal highlights Palantir’s expanding role in defense technology. Meanwhile, the data?analytics firm joined forces with Knightscope Inc. through its FedStart program to accelerate Knightscope’s entry into federal markets.
In the commercial arena, Palantir inked a partnership with Accenture Federal Services to deploy AI?powered solutions across U.S. agencies. A separate collaboration with Tomorrow.io integrates weather data into Palantir’s platforms, automating weather?based decision?making for clients. Wedbush analysts raised their price target on PLTR to $160, citing confidence in Palantir’s AI strategy. As the company deepens government ties and diversifies offerings, market watchers anticipate sustained momentum in both federal and enterprise sectors.
Based on the one year price targets offered by 21 analysts, the average target price for Palantir Technologies Inc is $112.34 with a high estimate of $170.00 and a low estimate of $40.00. The average target implies a downside of -28.69% from the current price of $157.53.
This article first appeared on GuruFocus.
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