Palantir Q2 revenue jumps; analysts set $250 targets
Palantir reported Q2 revenue of $1.94B, up 93% YoY. Analysts raised price targets to $250, and the company restricted OpenAI/Anthropic use amid an AI sovereignty push.
Palantir Technologies Inc. 94B, up 93% YoY, as enterprise AI and Foundry pilots, including a Chipotle food-safety test, boosted sales. Analysts raised $250 targets, while the company restricted OpenAI and Anthropic use as it pushed for AI sovereignty and tighter controls.