Palantir shares rose more than 60% in three months after a gain exceeding 1,200% in three years. The article’s author says shares could reward investors over five to 10 years if growth continues, but Palantir alone is unlikely to make someone a millionaire.
Palantir’s software aggregates customers’ often disparate data to support decisions and workflows; its Artificial Intelligence Platform adds generative AI and AI agents. U.S. commercial customers topped 650 in the latest quarter, up 35% year over year. Commercial revenue rose 149% to $764 million, nearing U.S. government revenue of $809 million, which increased 90%.
Palantir’s Rule of 40 score reached 155% in the latest three-month period. It raised full-year U.S. commercial revenue guidance to more than $3.4 billion, implying 134% growth, and its total revenue guidance midpoint to more than $8 billion, implying 82% growth. The article says share momentum had slowed over the prior year despite rising earnings, amid concerns about AI infrastructure investment and the broader economy.
