Palantir’s stock is heading for its highest close of the year, in a dramatic comeback

Palantir’s stock is heading for its highest close of the year, in a dramatic comeback Palantir’s stock is heading for its highest close of the year, in a dramatic comeback Palantir’s last earnings report reignited investor enthusiasm, and now the company is basking in the glow of a real-world AI boom Palantir’s stock was on track for its highest close of 2026 on Wednesday. Shares of Palantir Technologies have been on a tear since the company posted earnings last month, helping to cement a remarkable comeback off their June lows. was gaining more than 3% Wednesday and was on track for its highest close since December 2025, when it closed at $194.17 a share, according to Dow Jones Market Data. It has been up for six consecutive days, gaining roughly 10% over that period, and has climbed nearly 80% since hitting its lowest point of the year about three months ago.

Copyright ©2026 MarketWatch, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 This test screens for 50 cancers — but whether Medicare and other health insurers will cover it hinges on FDA approval Bond yields surge to 5.12% as Wall Street fears more Fed rate hikes Businesses are growing at the fastest pace in over four years. Why war and inflation aren’t slowing the U.S. economy down.

What's next for SpaceX as more shares enter the market and capex jumps Fuel prices keep rising — and so do Democrats’ chances of winning both the House and Senate Hannah Pedone is a New York–based technology reporter for MarketWatch. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET.

All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.