On July 27, Palantir Technologies Inc. rose 3.36% in regular trading, trading at $125.45/share, with turnover of $166 million. The stock continues to gain momentum as Wall Street maintains a bullish stance ahead of the company's upcoming quarterly earnings report on August 3.

On the news front, Citi recently reaffirmed its Buy rating on Palantir, significantly raising its fiscal 2027 earnings forecast. Driven by accelerating AI platform adoption and a strong rebound in U.S. commercial business, Citi expects Palantir's quarterly U.S. commercial net additions to exceed $800 million in the second half. Despite intensifying competition, Citi highlighted the company's expanding benchmark client base and ecosystem advantages as core growth engines.

Additionally, Mizuho identified Palantir as a top pick ahead of software earnings season, while DA Davidson previously upgraded the stock to Buy with a $175 target price, citing its AI orchestration layer positioning as a key competitive moat. The convergence of multiple bullish analyst actions and approaching earnings has supported recent upward momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)