Palantir stock rises as Changshin expands AI rollout test

Palantir Technologies is extending its commercial AI reach into manufacturing as Changshin plans to deploy Foundry and the Artificial Intelligence Platform, or AIP, across footwear development and production. The development gives investors another concrete test of whether Palantir can turn AI deployments into repeatable commercial demand.

Palantir stock traded at 155.80 euros on Lang & Schwarz at 17:12 CET on Thursday, November 12, 2026.

What has changed since our last report

The latest relevant report cited a Lang & Schwarz price of 153.03 euros at 14:30 CET on Thursday. The new quote was 1.81 percent higher, keeping the comparison separate from the daily performance against any Xetra close.

According to the report citing Simply Wall St, Changshin's planned rollout links Palantir software to both shoe development and factory operations. Foundry is designed to connect operational data, while AIP supports artificial intelligence within those workflows.

Commercial growth raises the bar

Palantir reported third-quarter 2026 revenue of 2.31 billion US dollars and net income of 1.13 billion US dollars. U.S. commercial revenue moved ahead of U.S. government revenue for the first time, while management raised its fourth-quarter and full-year 2026 revenue outlook.

The Changshin relationship broadens the commercial use case beyond public-sector work and isolated enterprise pilots. Investors still need to see whether new deployments lead to durable usage and follow-on contracts.

Simply Wall St cited a fair-value estimate of 171.06 US dollars per share from a five-year discounted-cash-flow scenario. The scenario assumes 36.0 percent annual revenue growth and a 40.0 percent net profit margin, so it is an analytical estimate rather than company guidance.

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