May. 29 at 4:15 PM
$PLTR "Palantir Technologies (PLTR) shares are up roughly 9% today, May 29, 2026, at approximately
$156. The stock is rebounding as technical signals suggest a "coiled spring" breakout following a period of consolidation.
Consensus Price Target: Approximately
$189.38 to
$194.81.HIGH Estimate:
$255.00 (B of A Securities, MarketBeat) to a bull-case target of
$382.00 from Morgan Stanley.
Investors are refocusing on Palantir's record-breaking first-quarter results, where revenue surged 85% year-over-year to
$1.63 billion. The company's U.S. commercial revenue, a key growth driver, jumped 133%.
After months of rangebound trading between
$130 and
$160, the stock is showing "classic technical coiled spring" behavior, catching a wave of renewed risk appetite for free-cash-flow-positive AI platforms."
