Palantir's Stock Soars with AI-Driven Growth and S&P 500 Inclusion

Analysts predict further gains as Palantir's AI platform fuels revenue and profit growth.

Palantir Technologies has seen a 116% increase in its stock value this year, driven by strong demand for its AI software platforms.
Wedbush analyst Daniel Ives raised Palantir's price target to $45, citing the company's expanding AI platform and strategic enterprise deployments.
Palantir's recent inclusion in the S&P 500 has boosted investor confidence, with some analysts predicting the stock could reach $100.
The company's second-quarter revenue grew 27% year over year to $678 million, with non-GAAP earnings up 80% to $0.09 per share.
New contracts with major entities like Wendy's QSCC, BP, and the U.S. Army Research Laboratory highlight the growing adoption of Palantir's AI solutions.