Palantir Stock Soars to All-Time Highs: My Prediction for What Comes Next
The company is doing well. The stock is doing even better.
The revenue growth acceleration theme continued to impress for Palantir Technologies (NASDAQ: PLTR) last quarter. Revenue in the first quarter of 2025 grew 39% year over year compared to 36% growth in the fourth quarter of 2024, a trend that has been going on for many quarters now. Investors are pleased with Palantir's booming growth from the artificial intelligence (AI) revolution, which is leading to increased spending from both government and commercial clients for its analytics software.
In the last five years, Palantir stock is up over 1,100%. Here's what I predict comes next for this huge AI stock market winner.
Palantir has been investing in AI for years, and it is now paying off with client deals for its real-time monitoring solutions for the military and big business. Last quarter alone it closed 31 deals worth $10 million or more, which shows how powerful the Palantir platform is for large organizations. These large deals spurred 71% year-over-year growth in U.S. commercial revenue last quarter, which is the key driver to overall revenue growth acceleration for Palantir.
