Overview

• Palantir’s shares reached a record near $153, marking a year-to-date gain of over 100%.
• Wall Street consensus forecasts Q2 profit at $0.54 per share and revenue of $937.5 million, up 54% and 38% respectively, ahead of the Aug. 4 report.
• Institutional ownership has climbed from 30% to nearly 60%, signaling robust confidence among major investors.
• Long-term price targets vary widely, from Dan Ives’s $400 view to Tom Nash’s $1,000 projection, driven by Palantir’s AI infrastructure role in scaling large language models.
• Despite strong fundamentals, valuation concerns persist as Mizuho upgraded to neutral with a $135 target, highlighting a forward P/E above 400x as a key risk.