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It has now evolved into a front runner in the artificial intelligence (AI) infrastructure race. Its AI Platform (AIP) is gaining serious traction, weaving into operations across defense, healthcare, and finance. The company's shift from a niche intelligence partner to an enterprise AI backbone is showing up in contracts, revenue, and market momentum.PLTR stock’s recent surge past $160 has turned heads, fueled by back-to-back federal deals, sharp commercial adoption, and the Street’s bullish price targets. In high-momentum tech plays, analyst commentary can often become a catalyst in itself.Here’s What Happened the Last Time Novo Nordisk Stock Was This OversoldAs SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here?Earnings Will Be ‘Worse Than Expected’ for UnitedHealth. How Should You Play UNH Stock Here?Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.Palantir was previously called the “Messi of AI” by Wedbush analyst Dan Ives, one of Wall Street’s loudest tech bulls. Now, Piper Sandler is joining the chorus, calling Palantir an “AI All-Star” and setting a $170 target, banking on its rare mix of growth and margins to capture massive TAM.But with rich valuation, extreme volatility baked in, and sky-high expectations, can Palantir really hold its line and hit $170 in 2025?Founded in 2003, Palantir has grown from a counterterrorism startup into a major force in AI and data analytics. Headquartered in Denver, Colorado, it built platforms like Gotham, Foundry, Apollo, and now AIP, each designed to transform data into strategic action.The company's deepening role in U.S. defense shows its expanding influence. Today, Palantir powers decisions across governments and industries, redefining how intelligence, security, and enterprise operations are driven by data. With a $372 billion market capitalization, PLTR has officially entered large-cap heavyweight territory.Palantir’s rally has been nothing short of explosive. The stock is up 106% year-to-date (YTD), hitting an all-time high of $160.39 on July 25, making it the top-performing name of the S&P 500 Index ($SPX) in 2025. Its long-term returns are jaw-dropping, with shares up 477% in one year, 777% over two, and a staggering 1,264% across three.But here’s where it gets tricky. With resistance looming at $162 and overbought signals flashing — like the 14-day RSI nearing 70 — the road to Piper Sandler’s $170 target may not be smooth. Momentum is hot, but volatility is not far behind.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,354.50 -19.75 (-0.31%)Dow Futures44,203.00 -102.00 (-0.23%)Nasdaq Futures23,266.25 -98.75 (-0.42%)Russell 2000 Futures2,214.30 -5.90 (-0.27%)VIX16.72 +1.24 (+8.01%)Gold3,341.30 -7.30 (-0.22%)PortfolioSign in to access your portfolioSign inTop gainersNEGG Newegg Commerce, Inc. 63.79 +18.82 (+41.85%)APLD Applied Digital Corporation 13.14 +3.11 (+31.01%)FRGE Forge Global Holdings, Inc. 21.92 +5.10 (+30.32%)AMSC American Superconductor Corporation 56.85 +12.91 (+29.38%)PI Impinj, Inc. 154.58 +32.37 (+26.49%)Top losersALGN Align Technology, Inc. 129.01 -74.56 (-36.63%)CFLT Confluent, Inc. 17.73 -8.68 (-32.86%)BAX Baxter International Inc. 21.76 -6.29 (-22.42%)SPSC SPS Commerce, Inc. 108.87 -30.69 (-21.99%)KEX Kirby Corporation 95.31 -24.69 (-20.58%)Most activeNVDA NVIDIA Corporation 177.87 -1.40 (-0.78%)APLD Applied Digital Corporation 13.14 +3.11 (+31.01%)NIO NIO Inc. 4.8700 +0.3600 (+7.98%)SOFI SoFi Technologies, Inc. 22.58 +0.71 (+3.25%)F Ford Motor Company 11.07 +0.20 (+1.84%)Earnings eventsTrending tickersFIG Figma, Inc. 115.50 +82.50 (+250.00%)AAPL Apple Inc. 207.57 -1.48 (-0.71%)AMZN Amazon.com, Inc. 234.11 +3.92 (+1.70%)COIN Coinbase Global, Inc. 377.76 +0.28 (+0.07%)RDDT Reddit, Inc. 160.59 +11.26 (+7.54%)Top economic events