Palantir’s AI Push Fuels 90% Stock Surge as Q3 Guide Signals 45% Growth and Tests a Rich Valuation

Investors look to the next earnings report for confirmation that rapid growth can justify a premium multiple.

Overview

Shares have climbed about 90% over six months on accelerating AI demand and momentum in defense work.
A reported £750 million UK defense opportunity is cited alongside large U.S. government wins as key drivers.
Management’s outlook points to year-over-year revenue growth of roughly 45% or more in Q3.
Profitability is expected to remain strong even with rising hiring and operating costs.
Valuation near 120 times sales and risks such as contract concentration and international commercial softness remain focal concerns.