Unstoppable. That's the word that comes to mind in describing how Palantir Technologies ( PLTR -2.26%) stock performed in recent years. Since 2023, the stock has generated incredible returns of more than 2,100%. During that time frame, a $5,000 investment into the data analytics company would have grown to more than $110,000.

Palantir Technologies stock just hit another record, but the lofty valuation of the defense focused artificial-intelligence software company has analysts questioning whether it can go much higher. Palantir stock was up 0.

Palantir (PLTR) shares are pushing further to the upside this morning after Loop Capital issued a bullish note in favor of the big data analytics firm. On Monday, senior analyst Mark Schappel maintained his “Buy” rating on PLTR shares and raised his price target to a Street-high of $155,