Prediction: Palantir Will Hit $220 This Year. There's 1 Clear Reason Why.

Palantir Technologies stock surged over 35% following a strong Q2 earnings report, with shares recovering year-to-date losses. The analyst predicts the stock will reach $220 before year-end, driven by the company's effective AI software solutions for commercial customers. Revenue grew 93% in Q2, with U.S. commercial revenue jumping 149%, and a Citi analyst raised the price target to $245, citing strengthening fundamentals.