NYSE:PLTR 5 February 2026 - 27 February 2026

Palantir shares rose 0.6% to $136.74 Friday morning after UBS upgraded the stock to “Buy” and Rosenblatt began coverage with a buy rating. The gains came despite a broader tech selloff tied to inflation and AI concerns. Palantir is down 23% year-to-date. The Nasdaq and S&P 500 were heading for their steepest monthly drop since March 2025.

Palantir Technologies shares closed up 4.5% at $135.90 Friday as software stocks rebounded and the Dow topped 50,000. About 63 million Palantir shares traded after a volatile week for AI-linked names. U.S. government revenue for Palantir rose 66% last quarter to $570 million. Investors now await key U.S. jobs and inflation data next week.

Palantir Technologies shares rose 4.5% to $135.90 Friday after reporting a 70% jump in Q4 revenue to $1.407 billion and forecasting 61% revenue growth in 2026. The stock rebounded from a 6.8% drop Thursday, triggered by concerns over Big Tech capital spending and AI’s impact on software demand. A new partnership with Cognizant and U.S. government policy shifts kept Palantir in focus. Director Alexander D. Moore sold 20,000 shares on Feb. 2.

Palantir shares fell 6.8% in premarket trading Friday to $130.01, extending a sharp slide after Alphabet’s $185 billion capex plan rattled AI software stocks. The drop followed a 6.8% loss Thursday and nearly 12% Wednesday, despite Palantir’s new partnership with Cognizant and Q4 revenue of $1.407 billion. The S&P 500 software index has dropped seven days straight. Investors await key U.S. data and sector earnings next week.