In the latest trading session, Palantir Technologies Inc. (PLTR) closed at $168.3, marking a -1.15% move from the previous day.
Shares of Palantir Technologies Inc. (NASDAQ:PLTR) popped 8.14% over the past five trading sessions after gaining 3.11% the five prior.
Palantir Technologies (PLTR 4.14%) has been one of the hottest stocks on the market in the past year. The software specialist has seen a significant surge in the demand for its artificial intelligence (AI) platform, which allows organizations and governments to integrate generative AI tools into their operations and processes.
Palantir Technologies (PLTR 4.14%) has been one of the biggest winners of the AI boom. The deep data analytics stock has seen its revenue growth accelerate and its operating margin expand, thanks in part to the launch of its Artificial Intelligence Platform (AIP).
Marc Benioff, the CEO of software company Salesforce, is impressed with investor interest in rival Palantir. Benioff said Palantir's prices are making him wonder if Salesforce should update its own pricing.
Investors have many reasons to believe in Palantir Technologies Inc. NASDAQ: PLTR as a long-term growth stock. One of the original chapters of the company's bull thesis is its proximity and superiority in the defense sector.
Palantir Technologies (PLTR -1.39%) has been one of the top-performing stocks over the past few years, rising a jaw-dropping 2,500% since the start of 2023. Palantir started its artificial intelligence-driven data analysis business by catering to government clients, then expanded into the commercial sector after establishing a solid foothold.
I estimate that current remaining performance obligations (or cRPO) cover only 24% of Q3 revenue guidance ($1.085B), meaning 76% depends on cancelable sub-12-month contracts. That said, I remain bullish, as I don't see clear catalysts for government cancellations. Growth should be fueled by Maven, the $218M Space Force award, and the $10B EA agreement. Valuation looks stretched, with a P/E multiple in the low 500s, and, in my view, sector peer comps don't fully justify Palantir's multiple.
Palantir Technologies Inc.'s stock is up an impressive 110% this year so far. The reason for that success is simple but hard to replicate: artificial-intelligence offerings that are successfully adding value for customers.
Palantir Technologies ( PLTR ), one of the market's biggest winners of the past two years, and one of its most divisive stocks, appears to be on the verge of a compelling technical breakout. Shares have been on a relentless run over the last year, and when Palantir pauses to consolidate, as it has over the past month, it often sets the stage for the next leg higher.
PLTR's 18% pullback meets strong fundamentals, robust AIP adoption, and record revenue growth, creating an attractive buy opportunity.
Market Domination Overtime anchor Josh Lipton breaks down the day's market moves for September 5, 2025. Markets and Data reporter Jared Blikre breaks down the day's market moves as all three indexes closed lower.