TSX:CURA 5 June 2026

June 28, 2026, 4:13 PM EDT. Palantir Technologies Inc. (NASDAQ:PLTR) shares jumped 5.28% to $112.93 on Friday after the U.S. Army selected it as a partner for the Next Generation Command and Control (NGC2) program. Although Palantir's role involves edge-to-cloud data mesh using its Foundry platform, the contract's financial terms remain undisclosed, contrasting with Anduril's lead position backed by a $20 billion enterprise licensing ceiling. Since June 18, Palantir's stock has dropped 12.1%, wiping out approximately $40 billion in diluted equity value amid concerns over its high valuation, trading at 38 times projected 2026 revenue of around $7.66 billion. Dip buyers including Cathie Wood's ARK Invest have increased holdings, and four of six analysts maintain "buy" ratings with an average price target near $202.