Palantir Touches New All-Time High Before Fading After Hours

Shares of Palantir Technologies surged 3.72% Wednesday to close at a record $154.62, briefly touching $155.68 intraday, according to Benzinga. The stock has soared 105.64% year-to-date and 1,580% over five years. Analysts point to momentum from recent developments, including a NATO contract and Palantir’s involvement in Trump’s Project Stargate. Wedbush’s Dan Ives raised his price target from $140 to $160, citing Oracle-like potential. Analyst consensus remains bearish with a $76.72 target and “Sell” rating from 23 analysts.