Palantir’s share price closed the week of September 28 near $187 after trading in a $184.81–$190.99 range, supported by continued momentum from its August Q2 report that delivered 93% year-over-year revenue growth to $1.94 billion and a 149% surge in U.S. commercial revenue. Management raised full-year 2026 revenue guidance to $8.15–$8.158 billion, reflecting 82% growth, with adjusted operating income guidance also lifted. Elevated trading volumes accompanied the move higher earlier in the month as the stock approached its 52-week high near $207, driven by expanding AI Platform deployments, new government contracts, and analyst price targets clustered between $200 and $250. Traders are monitoring broader tech sentiment, Treasury yields, and the November 9 earnings release for the next catalyst.
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