Is Palantir Technologies Stock a Buy Now?
Investors should be aware of the stock's steep valuation before buying shares.
![Is Palantir Technologies Stock a Buy Now?](https://g.foolcdn.com/editorial/images/806899/palantir-corporate-logo.png)
Shares of Palantir Technologies (NASDAQ: PLTR) have been one of the best-performing artificial intelligence (AI) stocks over the past few years. Another blowout earnings report sent the stock surging in early February. The stock rocketed 340% in 2024 and is already up 46% year to date in 2025.
When you're providing a product that delivers tangible savings to organizations, you're going to be growing like there's no tomorrow. Palantir's revenue accelerated to 36% year over year in Q4 and 14% over the previous quarter.
Let's look at why the company's momentum is for real and whether investors should pull the trigger at these highs.