"Shares of Palantir Technologies Inc. (NASDAQ:PLTR) continues to sell off to the start the new year, losing 5.28% over the last five trading sessions after losing 3.80% the five prior. The damage from a rotation out of AI stocks that began in late 2025 continues, but PLTR remains up 124.81% over the past year. Since going public on Oct. 2, 2020, it has gained an eye-popping 1,743.48% despite a more than 18% correction since its Oct. 31 all-time high."
"When Palantir reported Q3 earnings on Nov. 3, 2025, 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. In September 2025, the company announced a new defense partnership with the U.K. government valued at £1.5 billion."
Palantir Technologies stock declined to start the new year, losing 5.28% over the most recent five trading sessions after a prior 3.80% drop, while remaining up 124.81% year-over-year and up 1,743.48% since its October 2020 IPO despite an over 18% correction from its October 31 all-time high. The company beat Q3 2025 estimates with EPS of $0.21 and revenue of $1.18 billion, attributing growth to adoption of its AI software platforms. Palantir secured major government contracts, including a £1.5 billion U.K. defense partnership, a $10 billion U.S. Army contract, an ICE immigration tracking contract, and a large federal database contract. The data services market is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028. Peter Thiel co-founded the company.
Read at 24/7 Wall St.
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