Overview
- Palantir shares have risen about 136% in 2025, lifting its market value above $400 billion and into the S&P 500’s top 20 by size.
- Q3 results topped expectations with EPS of $0.21 on revenue of $1.18 billion (~63% year over year), and guidance calls for $1.327–$1.331 billion in Q4 and roughly $4.4 billion for the full year.
- Palantir, Nvidia and CenterPoint launched Chain Reaction to accelerate power availability for AI data centers, targeting a constraint Deloitte estimates could push U.S. AI power demand to about 123 gigawatts by 2035.
- Defense momentum advanced with a U.S. Navy program across the Maritime Industrial Base and a three-year renewal with France’s DGSI, alongside BofA’s reiterated Buy rating.
- Skeptics highlight extreme valuation levels — roughly 120x sales and a trailing P/E above 400 — with some commentary predicting a potential 2026 pullback even as U.S. commercial growth remains strong.