Palantir Technologies Ranks 11th in Trading Volume with $59.89 Billion as Stock Surges

On July 24, 2025, Palantir Technologies Inc. (PLTR) saw a trading volume of $59.89 billion, ranking 11th in the day's stock market activity. The stock rose by 0.15%, marking its second consecutive day of gains, with a total increase of 3.88% over the past two days.

Piper Sandler initiated coverage of Palantir Technologies, assigning it an Overweight rating. This move reflects the firm's positive outlook on the company's potential, although the specific price target was not disclosed.

Palantir is making significant strides in the AI sector, positioning itself as a key player as AI transitions from experimental phases to full-scale implementation. This development is expected to drive substantial growth for the company.

Despite the recent surge in Palantir's stock price, the Zacks Consensus Estimate for its earnings has remained unchanged over the past 30 days, indicating a stable outlook for the company's financial performance.