Palantir Surges 300% in a Year as AI Demand Drives Record Growth

Palantir Technologies (PLTR, Financials) is one of the best-performing AI stocks of 2025. Its stock price has gone up more than 300% in the past year as more and more government and business clients want its data analytics and AI platforms.

Palantir made $1.004 billion in the last quarter, which is 48% more than the same time last year. This was the company's first billion-dollar quarter. A 68% increase in U.S. revenue and a 93% increase in domestic commercial sales drove growth. This shows that many people are using the company's Artificial Intelligence Platform (AIP).

There is still disagreement on Wall Street over whether the rise can keep going. Gregg Moskowitz of Mizuho kept a Neutral rating with a $165 price target, which means that there isn't much room for short-term growth because of concerns about the company's value. In contrast, Mariana Perez Mora of Bank of America kept her Buy rating and boosted her target to $215, saying that Palantir's deal activity was picking up and its AI product line was growing.

Analysts think that profits per share will be $0.17 in the third quarter, which is a 70% increase from last year. Revenue is estimated to be over $1.09 billion, which is 50% more than previous year. Palantir thinks it will make between $4.14 billion and $4.15 billion in sales this year, mostly because of an 85% rise in U.S. commercial sales.