Palantir Technologies Inc. (NYSE: PLTR) has been on a roll in 2025. Up 100% in 2025, it is one of the best performing stocks in the past 12 months. Not many companies have been able to deliver this performance in a highly volatile year.

Palantir (PLTR) shares are extending gains today after a Piper Sandler analyst initiated coverage of the big data analytics firm with an “Overweight” rating. In his research note, Brent Bracelin announced a $170 price target on PLTR,

Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 3.1% in the morning session after the high-flying stock appeared to take a breather following a massive run-up in its share price.