Overview
- Shares jumped 150% in 2025 and nearly 3,000% over three years, closing at $188.71 on Dec. 26 with a market value around $450 billion.
- Third-quarter revenue rose 63% year over year to $1.18 billion, U.S. commercial sales climbed 121% to $397 million, and adjusted earnings reached $0.21 per share.
- Palantir won a U.S. Army contract in July potentially worth up to $10 billion and counts Airbus, Morgan Stanley, and Merck KGaA among key commercial customers.
- The company launched Chain Reaction with CenterPoint Energy and Nvidia to tackle AI power bottlenecks, as Nvidia expands use of Palantir’s AIP and Ontology with its CUDA X tools for supply-chain and infrastructure work.
- Valuation concerns include a trailing P/E near 435, with 11 of 16 analysts rating the stock a hold and an average target near $187, while Wedbush’s Dan Ives maintains a $230 target and projects a potential $1 trillion valuation in two to three years.