Is Palantir Technologies Stock a Buy Now?

Investors should be aware of the stock's steep valuation before buying shares.

Feb 10, 2025 - 12:51
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Is Palantir Technologies Stock a Buy Now?

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.

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