PLTR Stock Recent News

Shares of Palantir Technologies (PLTR 3.90%) traded nearly 3% higher as of 10:55 a.m. ET today. The U.S. Department of Defense (DoD) yesterday announced it has awarded Palantir a contract modification to increase potential spending on work Palantir is currently doing with the Army.

On April 2, President Donald Trump announced "Liberation Day" -- marking the event with a host of new tariff policies aimed at virtually all major trading partners. Following the announcement, the capital markets experienced a period of intense selling with the S&P 500 and Nasdaq Composite both dropping by double-digit percentages.

Shares of Palantir Technologies (NASDAQ:PLTR) sold-off after reporting Q1 earnings on May 5, but since then, the stock has been surging on news of a 90-day U.S.-China tariff pause that was announced on May 11. Over the past month, Palantir is up more than 34%, bringing its year-to-date gain to 62.40% and its one-year gain to nearly 475%. While the stock’s forward P/E ratio — currently 227.27 — can be concerning, Palantir’s federal contracts and aerospace ties are expected to continue fueling growth. While earnings are rear-facing, the emerging trends seen in the company’s Q1 results can serve as a foundation for further rewards for shareholders. In the first quarter, Palantir saw year-over-year revenue growth of 39%. U.S. commercial business surpassed a $1 billion run rate, good for 71% year-over-year growth. Meanwhile, its U.S. government revenue grew 45% year-over-year. PLTR’s market multiple implies it could take an investor nearly half a century to recov

Palantir Technologies (PLTR -4.00%) has been one of the biggest winners of the artificial intelligence (AI) boom. It led the S&P 500 (^GSPC -1.61%) last year with a 340% gain, and it is currently the second-best performing stock in the index this year, with a 66% gain.

It may not be a stretch to call artificial intelligence (AI) this generation's most significant growth opportunity. Just think briefly about how much the world has changed since ChatGPT became a thing, and that was just at the end of 2022.

Cathie Wood doesn't shy away from taking risks. It's part of what has garnered her a loyal following of investors who like her bold style.

Palantir Technologies Inc.'s Q1 FY25 showed accelerating revenue in both Government and Commercial segments, with expanding margins and raised full-year guidance for revenue and operating leverage. The Golden Dome missile defense project highlights deepening collaboration between Silicon Valley and the Department of Defense, positioning Palantir for significant long-term government growth. Meanwhile, its Commercial segment momentum is strong, with US Commercial revenue up 71% YoY and AIP adoption driving enterprise customer growth and exceptional productivity gains.

Wedbush analyst Dan Ives is a well-known name in the investing industry. He has been a tech analyst for over two decades and made tech sector calls that have generated significant returns in the past.

Big Money inflows push shares of data mining company Palantir Technologies, Inc. (PLTR) higher.

Concerns about a potential bear market appear to be greatly eased, at least for now. The S&P 500 (^GSPC -0.39%) is no longer in the midst of a crash, and instead, it's actually been rallying in recent weeks.