Palantir raised its U.S. commercial revenue guidance and provided higher overall revenue and cash flow outlooks, signaling strong enterprise AI demand. Hedge funds consider it a top long-term growth stock, and Truist initiated coverage with a Buy rating and a $223 price target. However, concerns were noted about its high valuation, reliance on government contracts, and rising competition in the AI software space. The company also sought a 12-month work ban on a former employee linked to a competitor.