Palantir (Nasdaq: PLTR) opened Thursday trading slightly below where it closed yesterday. However, that situation quickly changed and its share price rapidly rose in early morning trading. For most of the afternoon,

Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report)’s stock price was up 25.2% during mid-day trading on Tuesday after Citigroup raised their price target on the stock from $42.00 to $110.00. Citigroup currently has a neutral rating on the stock.

Data-mining and analytics company Palantir (NYSE:PLTR) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 36% year on year to $827.5 million. On top of that, next quarter’s revenue guidance ($860 million at the midpoint) was surprisingly good and 7.

Palantir delivered accelerating financial results this week that were far better than investors anticipated. Wall Street issued an upgrade and a wave of price target increases as a result. The valuation remains a concern,

Key Takeaways Palantir shares surged to an all-time high Thursday, extending gains earlier in the week.Several analysts have raised their price objectives for the stock since Palantir on Monday gave a strong forecast for 2025.