Palantir Technologies Inc. ($PLTR) has reached new all-time highs in its stock price multiple times throughout mid-2025, surpassing $140 per share in June and hitting $160 by late July. The stock has experienced substantial gains, rising over 87% year-to-date and approximately 93% since early April, outperforming major indices such as the Nasdaq, S&P 500, and Dow Jones. Palantir's market capitalization has surged to approximately $375 billion, making it the 20th most valuable publicly traded company in the United States, surpassing firms like Home Depot, Procter & Gamble, Bank of America, and Coca-Cola. Piper Sandler initiated coverage on Palantir with an Overweight rating and set a price target of $170, citing the company’s unique growth and margin model and a total addressable market exceeding $1 trillion by 2032. Analysts view Palantir as a key player in the AI sector and a secular growth winner, projecting over 30% growth and more than 40% free cash flow. The stock’s rise has been supported by strong partnerships and positive market sentiment, with some analysts anticipating a potential share price of $200 in the near future. Palantir has also been recognized as one of the top growth stocks since April lows, with a 500% gain over the last twelve months.