Palantir Technologies (PLTR -4.63%) has been one of the undisputed winners since the advent of artificial intelligence (AI). The data mining and artificial intelligence (AI) specialist has gained 333% over the past year (as of this writing) and continues to defy detractors.
Applications involving artificial intelligence (AI) seem to be evolving by the day. While it's obvious that different facets of the technology world can be enhanced through AI, it's become apparent that enterprise software is a particularly enormous opportunity.
Palantir (PLTR -4.63%) and BigBear.ai (BBAI -9.59%) are both enterprise AI software companies which crunch massive amounts of data for large organizations. Palantir, which went public via a direct listing in September 2020, is a much larger company which analyzes data for the top U.S. government agencies and big enterprise customers.
Palantir's stock experienced significant volatility, dropping from $125 to $106 due to defense budget cuts and a new trading plan by CEO Alex Karp. Despite strong revenue growth and impressive U.S. commercial sales, Palantir's valuation is seen as irrationally high, prompting a downgrade to "Strong Sell". Palantir's current valuation is unsustainable, trading at over 83x TTM revenue, far exceeding industry peers and even major tech companies.
Mass selling action on Friday plunged markets into the red on a shortened holiday week, with the RUT now in negative territory for 2025. Palantir (PLTR) shed a piece of its gargantuan rally as the Trump administration eyes defense budget cuts.
Chart-wise, the relative resistance zone sits right around 125 but traders are pricing in a wider range. The post Palantir Stock Today: This Double Butterfly In Calls And Puts Could Turn A Profit Of $1,547 appeared first on Investor's Business Daily.
Palantir Technologies (NASDAQ:PLTR) remains a highly divisive stock for certain investors.
CEO Alex Karp is selling many of his personal shares in Palantir (PLTR 0.10%) stock, causing shareholders to rush to the exits.
Palantir Technologies has arguably been one of Wall Street's top growth stocks in the past couple of years. Since January 2023, its share price has climbed by more than 1,700%.
Shares of Palantir Technologies Inc. NASDAQ: PLTR are down 17% in two trading sessions. For much of the last 18 months, Palantir has been like a boxer who continues to have opponents throw punches, none of which land with any effect.
After Palantir Technologies' two-day 15% slump, Friday looks set to be a crucial day for the stock as investors assess whether the weakness is a blip, or something more sustained.
Palantir Technology's (PLTR -5.17%) stock has been nearly unstoppable over the past year. It has risen around 600% since the start of 2024 and nearly 35% in 2025 alone.