Between early 2021 and early 2023, Palantir plunged more than 80% -- which helps illustrate why it isn't for the faint of heart. Yet one Wall Street analyst believes Palantir has broken the mold and could continue to climb. Citi says Palantir is a buyCiti analyst Tyler Radke turned heads recently, maintaining a buy rating and raising his price target to $235 for Palantir stock. The U.S. commercial segment -- which includes AIP -- surged 121% year over year and 29% sequentially, and now represents 34% of Palantir's total revenue. This provides a solid foundation for future revenue growth.