(Ticker: PLTR)
Market Cap: $70B+ | YTD Gain: +73% | Sector: AI Software / GovTech
A Sleeper Giant Awakens
Palantir is back on everyone’s watchlist—and this time, it’s not just because I say so. The company has surged more than 73% this year, fueled by a monster combination: government contracts, AI momentum, and retail investors who refuse to let this stock chill.
Why Everyone’s Watching
Palantir has long been embedded in U.S. government infrastructure. From the Department of Defense and ICE to Fannie Mae, its Gotham and Foundry platforms are running serious data ops behind the scenes. But what’s changed recently is how much its commercial business is booming. Q1 revenue hit $883.9 million, up 39% year-over-year, and commercial revenue alone rose 71%. Its “Rule of 40” score—combining growth and profit margins—hit an impressive 83%.
On top of that, the company is building hype in the right circles. Its new partnership with Accenture Federal Services has bolstered credibility in both enterprise and government tech stacks. Meanwhile, Palantir remains a darling of the Reddit investing crowd. Platforms like WallStreetBets have poured in over $170 million in retail inflows, giving the stock extra liftoff.
Too Hot to Handle?
Of course, no meme-fueled rocket is without turbulence. Palantir is trading at around 78x forward revenue—wildly higher than peers like Snowflake or Cloudflare. And when the Russell index recently rebalanced, PLTR dipped nearly 10% in a flash. The stock is volatile, no question.
Final Thoughts
Palantir is one of those rare companies that blends deep government roots with cutting-edge AI capabilities. It’s the tech stack for the intelligence world—and increasingly for the Fortune 500 too. But the valuation is steep, and the stock isn’t for the faint of heart.
Retail verdict: High conviction play for AI believers. It’s got rockets, but it might also need a parachute.
Marc has been involved in the Stock Market Media Industry for the last +5 years. After obtaining a college degree in engineering in France, he moved to Canada, where he created Money,eh?, a personal finance website.
