Movement Alert｜Palantir Technologies Inc. Rises 3.15% in Regular Trading, Post-Earnings Momentum Sustained by Institutional Target Price Upgrades

Market Focus08-13

On August 13, Palantir Technologies Inc. rose 3.15% in regular trading, trading at $176.08/share, with turnover of $1.209 billion, extending the strong uptrend following its Q2 earnings release.

The move was supported by a wave of institutional target price upgrades. Deutsche Bank upgraded the stock to Buy, Citi raised its target to $245, UBS lifted its target to $220, and Phillip Securities most recently raised its target from $202 to $215 while maintaining a Buy rating. The analyst consensus mean target price stands at approximately $198.54, reinforcing bullish sentiment.

The stock remains in a post-earnings momentum phase after reporting Q2 revenue that nearly doubled year-over-year, with US commercial business surging 149% and total US commercial contract value exceeding $2 billion, up 153%. CEO Alex Karp described the results as extraordinary, stating that demand for AI sovereignty has been fully unleashed. The company also raised its full-year revenue guidance to $8.16 billion, well above market estimates.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 3.15% in Regular Trading, Post-Earnings Momentum Sustained by Institutional Target Price Upgrades\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-13 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 13, Palantir Technologies Inc. rose 3.15% in regular trading, trading at $176.08/share, with turnover of $1.209 billion, extending the strong uptrend following its Q2 earnings release.</p><p>The move was supported by a wave of institutional target price upgrades. 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