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Palantir Shares Surge 38% as DB Upgrades to Buy

8/9/2026

Summary

Story summary

Palantir’s shares rose about 38% in seven trading days, ending Friday 9.88% higher at €148.84.
Q2 revenue reached $1.94 billion, up 92.8%, with U.S. commercial sales $764 million and government sales $809 million.
Deutsche Bank upgraded Palantir to Buy and raised the price target to $200-$230.
Executives sold $156.7 million of shares in the three months before earnings, while institutional investors added stakes including Montchanin Asset Management’s August 1 position.

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Story summary

Palantir’s shares rose about 38% in seven trading days, ending Friday 9.88% higher at €148.84.
Q2 revenue reached $1.94 billion, up 92.8%, with U.S. commercial sales $764 million and government sales $809 million.
Deutsche Bank upgraded Palantir to Buy and raised the price target to $200-$230.
Executives sold $156.7 million of shares in the three months before earnings, while institutional investors added stakes including Montchanin Asset Management’s August 1 position.