Palantir (NASDAQ:PLTR) is among the most notable growth stocks that's absolutely ripped higher thus far this year.
Palantir Technologies (PLTR) stock has decreased by 5.6% in Wednesday's trading and is currently valued at $177.29. While the company has seen expanding partnerships and contracts, fueling growth of its commercial segment, investors have been skeptical about the broader AI trade.
Palantir Technologies is experiencing explosive revenue and earnings growth, driven by surging demand for its AIP platform in both government and commercial markets. PLTR's commercial segment outpaced government growth, with Q3 commercial revenue up 73% year-over-year and US commercial revenue growing 121%, signaling a major revenue mix shift by 2026. Despite a lofty 2026 P/E of 189.4, PLTR's 231% earnings growth and expanding business intelligence market exposure may justify its premium valuation for bullish investors.
Palantir Technologies Inc (NYSE:PLTR)' growth outlook remains supported by accelerating enterprise adoption of AI, Bank of America analysts have reiterated following a series of investor meetings in South Korea. The firm wrote in a note that it came away from the meetings “confident as PLTR's growth continues to build momentum in tandem with enterprise level AI adoption,” citing discussions with Palantir Chief Financial Officer Dave Glazer, deployment strategists Hind Kraytem and Austin Lee, and investor relations executive Cary Li.
Palantir Technologies Inc.'s advantage lies in its ability to consolidate diverse data sources and execute automated, high-quality decision workflows beyond traditional data presentation. Unlike competitors, PLTR uniquely enables operational write-back capabilities, enhancing reasoning and reducing errors in automated processes. Data privacy and governance are foundational, with PLTR emphasizing customer control, strict retention policies, and no access to client-processed information.
Palantir (NYSE: PLTR) and Snowflake (NYSE: SNOW) just reported earnings revealing two companies attacking AI from opposite ends of the stack.
Some investors are betting that BigBear.ai could be the next Palantir. Palantir is already posting a very strong gross margin, rapid sales growth, and reliable profits.
YieldMax PLTR Option Income Strategy ETF offers an exceptionally high yield, recently above 125%, driven by synthetic call option writing on Palantir. PLTY's total return since inception is 182%, but it significantly underperforms PLTR's 352.4% return; upside is capped while downside remains uncapped. I am downgrading PLTY to a hold, citing vulnerability to sharp declines in PLTR and the risk of rapid capital erosion if tech sector sentiment shifts.
Palantir Technologies Inc. (PLTR) concluded the recent trading session at $183.57, signifying a -2.12% move from its prior day's close.
Palantir Technologies (PLTR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Palantir Technologies Inc. NASDAQ: PLTR stock is up approximately 22.6% since closing at $158.21 on Nov. 21. Significantly, the stock is now within striking distance of the all-time high of $207.52 it made after it reported earnings on Nov. 3.
When a stock rallies sharply, is a downward correction inevitable? That's the billion-dollar question for anyone who owns or is considering buying Palantir Technologies (NASDAQ:PLTR) stock.