"Last week, shares of Palantir Technologies Inc. (NASDAQ:PLTR) lost 0.84% over past five trading sessions after gaining 6.56% the five prior. The damage from the AI-fueled sell-off that began in late October and carried deep into November appears to be in the rearview mirror, and the stock is now up nearly 151% in 2025, including a gain of 38.43% over the past six months. Since going public on Oct. 2, 2020, it has gained an eye-popping 1,951.20%."
"When Palantir reported Q3 earnings on Nov. 3, it topped quarterly estimates and issued strong guidance, assigning its strong growth to adoption of its AI software platforms. The company beat on the top and bottom lines, with EPS of 21 cents versus 17 cents expected, and revenue of $1.18 billion versus $1.09 billion expected. Earlier in September, the company announced a new defense partnership with the U.K. government valued at £1.5 billion."
"The ICE contract, which is said to be worth $30 million, will be used to create an immigration Lifecycle Operating System to be used in deportations. Big Data is expected to be big business in the years ahead. According to platform provider Edge Delta, the market for data services is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028 - an increase of 82.2%."
Palantir shares have rebounded from an AI-driven sell-off and are up nearly 151% in 2025 and about 38.43% over six months, with lifetime gains near 1,951.20% since IPO. Q3 results topped estimates with EPS of $0.21 and revenue of $1.18 billion, and management credited AI software platform adoption for growth. The company secured multiple large government deals, including a UK defense partnership valued at £1.5 billion, a $10 billion U.S. Army contract, and federal contracts tied to immigration and citizen databases. Market projections show data services expanding from $220.2 billion in 2023 to $401.2 billion by 2028, positioning Palantir as a major player. Palantir was co-founded by Peter Thiel, notable for PayPal and early Facebook investment.
Read at 24/7 Wall St.
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