Palantir Technologies shares rose in pre-market trading on July 1, 2026.
Bank of America analyst Mariana Perez Mora reiterated a Buy rating on the stock. Perez Mora maintained a price target of $255. The analyst cited the company's strong position in the AI and defense sectors as a driver for long-term growth.
President Donald Trump’s latest financial disclosure revealed he holds at least $1 million in Palantir shares. This disclosure increased investor attention on the AI software company.
Palantir stock has experienced volatility in 2026 despite reporting strong revenue growth.