Earnings revisions upward lend further weight to the bullish palantir stock price forecast. Forecasted FY revenue is now $2.55 billion versus earlier $2.40 billion, supporting a higher valuation band. If you have been keeping an eye on Palantir Technologies, you are definitely not alone. Its recent chart action is the kind that gets investors talking. With the stock up 3.0% over the past week and an impressive 18.0% over the last month, momentum is building quickly. The bigger story is in the longer-term picture, where Palantir’s share price has soared a staggering 146.0% year-to-date and an astonishing 393.3% over the past year. Going back further, the numbers are even more eye-catching: gains of over 2,000% in three years and almost 1,750% across five years. Clearly, something is powering this surge, whether it is the excitement around the company’s role in AI and defense or shifts in how the market perceives its future risks and potential. Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use . Palantir's stock price forecast reflects strong fundamentals, with recent contracts from government agencies expanding backlog to over $3.9 billion. This robust pipeline gives analysts confidence in a medium-term target of $30, assuming macroeconomic conditions remain steady.
