Cantor Fitzgerald Raises PT on Palantir Technologies Inc. (PLTR) Following Record-Breaking Q2 2025 Results

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the 14 Best IT Stocks to Buy for the Long Term.

Cantor Fitzgerald Raises PT on Palantir Technologies Inc. (PLTR) Following Record-Breaking Q2 2025 Results

A close-up of a hand reaching out to touch a virtual animation, demonstrating the power of the company’s IoT technology.

On August 5, 2025, Cantor Fitzgerald raised its price target on Palantir Technologies Inc. (NASDAQ:PLTR) from $110 to $155, maintaining a ‘Neutral’ stance, following the company’s record-breaking Q2 2025 results.

For the quarter, Palantir Technologies Inc. (NASDAQ:PLTR)’s U.S. Commercial segment exceeded Street estimates by 15%, driving the management’s projected sustained 90% growth despite challenging comparisons ahead. Despite international commercial revenue slipping for a second straight quarter, the investment firm highlighted the company’s growing U.S. focus, which will now comprise nearly 80% of revenue by 2026, up from previous estimates of 75%.

Palantir Technologies Inc. (NASDAQ:PLTR) achieved record contract value bookings and a “Rule of 94” (the company’s key metric combining revenue growth and profitability) in Q2. Looking ahead, the company reported guidance of a “Rule of 95” for Q3 2025, and a “Rule of 91” for the full year.

Palantir Technologies Inc. (NASDAQ:PLTR) enables intelligence, counterterrorism, and data-driven decision-making with its advanced software platforms. It is one of the best IT stocks.

While we acknowledge the potential of PLTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLTR and that has 100x upside potential, check out our report about this cheapest AI stock.

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