Palantir consistently positions itself as a leader in enterprise-level artificial intelligence. It has also secured strong federal contracts while also benefiting from robust defense spending. One has to assume that the current administration should be net favorable for PLTR stock, making it a worthwhile opportunity.

After “beating earnings” for the past four quarters in a row, Palantir Technologies (Nasdaq: PLTR) stock will attempt to do it again on Monday. The formerly private defense technologies giant, which has already rocketed 5x in value over the last 12 months,

Palantir (PLTR) stock is red hot to end the week, touching a new all-time intraday high of $85.22 on Jan. 31. This comes as investors anticipate its fourth-quarter earnings release on Monday, Feb. 3.

Palantir stock price has done well and is one of the best performers on Wall Street, helped by the ongoing artificial intelligence tailwinds. It has jumped by over 400% in the last 12 months, transforming it into a company valued at almost $200 billion.

Palantir Technologies (PLTR 1.83%) stock was one of the top performers on the stock market in 2024, jumping 340% in 2024. The defense tech stock was fueled by a ramp in revenue gr