Palantir Technologies (PLTR) shares traded near $166–168 in the week of September 7, 2026, amid strong momentum from accelerating U.S. commercial revenue growth of 149% year-over-year in Q2 and a raised full-year 2026 revenue outlook to roughly 82% growth. Recent catalysts include expanded Nvidia partnerships for sovereign AI applications in supply chains and government use cases, plus customer momentum showcased at AIPCon 11. Analyst targets have been lifted to $225–$250, reflecting confidence in commercial adoption despite the stock’s elevated valuation above 100 times forward earnings. Key near-term influences include ongoing AI deal flow and broader market sentiment toward high-growth tech names.