Palantir shares traded in the $172–$177 range during the week of September 14, buoyed by accelerating revenue growth and fresh AI infrastructure momentum. Q2 results delivered 93% year-over-year revenue expansion to $1.94 billion with U.S. commercial revenue surging 149%, prompting raised full-year guidance to roughly 82% growth; subsequent contract wins, including a $127 million U.S. Army TITAN award and partnerships with Nvidia and Nebius for sovereign AI deployments, reinforced backlog visibility. Analyst price targets from UBS and D.A. Davidson at $250, alongside elevated trading volume, reflected trader confidence in sustained Rule-of-40 outperformance above 150, though the stock’s forward P/E near 150 and sensitivity to broader tech sentiment remain key variables heading into the next earnings cycle.