PLTR Stock Recent News

AI platform spending will increase 51% annually through 2028, according to IDC. Palantir was recently recognized as a leader in AI, data science, and machine learning software.

In the latest trading session, Palantir Technologies Inc. (PLTR) closed at $37.12, marking a +0.6% move from the previous day.

The adoption of Palantir's AI software platform has continued improving ever since the company released its quarterly results last month. The strong unit economics of Palantir's business model is set to drive solid earnings growth for the company in the future.

Famed CNBC pundit Jim Cramer has been bullish on Palantir Technologies Inc ( NYSE: PLTR ) for some time.

Mike Gallagher, Palantir head of defense and former U.S. Congressman (R-Wis.) joins 'Squawk Box' to discuss President Biden's UNGA address, state of the Middle East conflict, dealing with Iranian threat, whether a ceasefire can be achieved, and more.

Palantir Technologies Inc. NYSE: PLTR began trading as a member of the S&P 500 index on September 23, 2024. Inclusion in the index was a long-time goal of Palantir.

I am initiating Palantir stock with a Buy for mid to long-term investors, despite its lofty valuation. I believe Palantir's U.S. commercial business will make a bigger chunk of revenue, positioning it for more upside surprise. In my opinion, the company's AIP innovations, particularly the recent Warp Speed offering, will drive new customer conversions and expansions, positioning Palantir for sustained top-line growth through 2025.

Palantir (NYSE: PLTR) has been on a roll since the beginning of the year — but institutions remain skeptical about the company's long-term prospects.

Even after soaring 168% over the past year, Palantir Technologies has room to run. Palantir recently joined the S&P 500, fueling a big move for the stock.

Palantir's high valuation should be a concern for shareholders as the company seems to have limited upside from here on after the stock rising over 500% in just a year and a half.