Palantir shares rebounded after President Trump's social media endorsement, cutting losses to down 2% from earlier 6% drop.
The rebound came amid concerns that Anthropic’s new multi‑agent orchestration product could pressure the software sector.
Wedbush analyst Dan Ives kept an Outperform rating and $230 target, noting 137% YoY US commercial growth and 66% government revenue rise.
Palantir’s stock had fallen over 15% in five days prior to the endorsement, reflecting recent weakness.