Palantir Technologies Inc. Class A (PLTR)

Over the past six months, Palantir's stock has experienced a significant surge, rising over 100% and reaching new all-time highs. This performance has been driven by accelerating revenue growth, strong demand for AIP, securing major government contracts and strong Q1 2025 financial results. In February 2025, the stock experienced a temporary decline due to concerns over CEO Alex Karp's planned stock sales and warnings about potential defense budget cuts, but has since recovered.

Palantir's business experiences some seasonality in demand. Typically, the third and fourth quarters of the fiscal year tend to show stronger performance compared to other quarters.

Palantir Technologies Inc. is a software company specializing in big data analytics and AI platforms. It builds and deploys software platforms that serve as central operating systems for its customers, enabling them to integrate, manage, and analyze vast amounts of data for decision-making. Palantir Gotham is designed for government agencies to integrate, analyze, and visualize data for actionable insights. Palantir Foundry provides data integration and analytics for enterprises across various industries. Palantir Apollo is a continuous delivery system that manages and deploys Palantir Gotham and Foundry. Palantir Artificial Intelligence Platform (AIP) integrates large language models (LLMs) into business operations.

Palantir Technologies has a substantial global presence, with operations spanning North America, Europe, Asia-Pacific, and the Middle East. Its headquarters are in Denver, Colorado, and it maintains offices in strategic locations. In 2024, 66% of its revenue came from customers in the United States, and 34% from international clients. The United States remains its most significant market, particularly within its government segment.

Palantir's brand reputation in the past year has been significantly influenced by its deep ties to government and intelligence agencies, particularly concerning data privacy and surveillance. The company has faced ongoing criticism for its role in expanding government surveillance and its contracts with agencies like ICE. A New York Times article in May 2025 led to renewed scrutiny, prompting Palantir to issue a public correction emphasizing its commitment to privacy and civil liberties. Palantir's contract with the U.K.'s NHS was met with protests due to data privacy concerns. Palantir has also been recognized for its expertise in applying AI to data sorting, particularly for governments.

Palantir Technologies' stock ownership is a mix of institutional, retail, and individual investors. Approximately 49.32% of Palantir is owned by institutional shareholders including Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual insiders own about 5.05% of the company, including Peter Thiel and CEO Alexander Karp. The general public, including retail investors, owns a substantial portion, around 45.64% to 55.19% of the company.