Palantir Technologies Inc. (PLTR) has seen its shares rise significantly following a strong Q2 report, with the company also increasing its full-year 2026 revenue guidance by 11 percentage points. CEO Alex Karp stated that "demand for AI sovereignty has now been unleashed," contributing to the optimistic outlook. The Street's consensus 12-month price target is $191.68, while some analysts believe the stock could reach $300 by 2027.