Palantir Technologies shares closed at another record high Friday, according to Bloomberg. Palantir shares closed at a record high Friday, with gains since its 2021 debut nearing 2,500. The stock is up nearly 150 in 2025, driven by AI adoption, U.S. government contracts, and strong earnings. Bloomberg Intelligence estimates Palantir would have to generate $60 billion in the next 12 months to match peers’ valuations, compared to Wall Street’s $4 billion 2025 forecast. Analysts at DA Davidson say sustaining a 50 growth rate for five years would bring valuations in line with Microsoft and AMD. Piper Sandler raised its price target to $182, citing aggressive growth goals and strong free cash flow potential. Morningstar’s Giarelli warned that Palantir’s lofty valuation leaves it vulnerable to a sharp selloff if future performance disappoints.