Overview

• Shares have surged nearly 490% over the past year and climbed 13% in the last month, lifting the market capitalization to about $330 billion
• First-quarter revenue reached $883.9 million, a 36% year-over-year increase that prompted management to raise full-year guidance to $3.89–$3.90 billion
• U.S. commercial revenue jumped close to 70% year-over-year in the latest quarter, reflecting growing enterprise adoption of Palantir’s AI tools
• A $795 million Department of Defense contract awarded in May underscores Palantir’s expanding role in AI-driven defense analytics
• Trading at over 115 times sales, the stock’s lofty valuation highlights dependence on continued government spending and leaves little room for setbacks