Shares of Palantir Technologies (PLTR 1.67%) are up 280% in the past year. Although an impressive run-up, it is still nearly 30% lower than its three-year high of $125 on February 18.
Nvidia's solid quarterly earnings, which just about topped Wall Street's expectations, could help shore up confidence in the AI trade.
Palantir's strong 2024 results, including 38% YoY revenue growth and a $1.25 billion adjusted FCF, justify upgrading it back to a BUY. The company's commercial revenue surged by 54%, balancing its reliance on government contracts and driving future growth. Palantir's software, especially Palantir Prix, continues to deliver high margins and strong customer results, enhancing its valuation justification.
Rolls-Royce, the engine maker that's been one of the hottest stocks in Europe over the last two years, extended its winning ways on Thursday after beating analyst expectations and setting medium term guidance that points to continued growth.
Palantir (PLTR 1.67%) has been one of the stock market's biggest success stories over the last two years.
Direxion Daily PLTR Bear 1X Shares ETF is a new product that, like an increasing breed of these, essentially shorts a stock — here Palantir Technologies Inc. — via an ETF structure. I like this better than shorting and for stocks like Palantir that are so volatile, an inverse ETF suits my investing style well. Inverse ETFs on stocks or indexes are not for everyone. Investors should do extra tight due diligence to understand the risks before considering them.
One of the biggest movers so far in 2025 is Palantir (PLTR). Rick Ducat points to the recent surge to all-time highs and subsequent fade as investors factor in the A.I.
There's a pretty solid argument to be made that Palantir Technologies (PLTR -3.13%) has been the most lucrative of artificial intelligence (AI) stocks to own over the last 12 months. After all, Palantir's shares returned an incredible 340% in 2024, making it the top-performing stock in the S&P 500 (SNPINDEX: ^GSPC).
Palantir and the Nasdaq are both on a losing streak.
Palantir (PLTR -3.13%) has been on an incredible run since the start of 2024. At its peak, Palantir's stock has risen 625% since the start of 2024, but that number took a hit when CEO Alex Karp announced a plan to sell up to $1 billion in shares.
Palantir Technologies (PLTR -3.13%) was the best performing member of the S&P 500 (^GSPC -0.47%) last year. The stock advanced 340% in 2024 as the company delivered a series of strong financial results driven by demand for its artificial intelligence platform.
Palantir's stock plunged as much as 25% over the past week following CEO Alex Karp's adoption of a new stock trading plan and reports that the Pentagon has been directed to reduce the US defense budget.