Overview

• Loop Capital’s Mark Schappel raised Palantir’s price target to $178 from $155 and reaffirmed a Buy rating following the stock’s latest surge.
• Shares of Palantir have climbed approximately 110% year-to-date and more than 500% over the past 52 weeks, outpacing the S&P 500’s gains.
• In Q1, revenue reached $883.9 million, above estimates, but a 10% drop in global sales triggered questions about international demand.
• U.S. sales jumped 55% year-over-year in Q1 even as international revenue weakened, highlighting a widening geographic performance gap.
• Investors are focused on Palantir’s August 4 Q2 earnings report as the critical test of whether AI-driven growth can justify its premium market valuation.