"Shares of Palantir Technologies Inc. (NASDAQ:PLTR) continues to sell off to the start the new year, losing 3.80% over the last five trading sessions after losing 1.68% the five prior. The damage from a rotation out of AI stocks that began in late 2025 continues, but PLTR remains up 146.92% over the past year. Since going public on Oct. 2, 2020, it has gained an eye-popping 1,758.37%."
"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 shares sold off at the start of the new year, losing 3.80% over the last five trading sessions after a 1.68% decline the prior five, yet remain up 146.92% over the past year and 1,758.37% since the Oct. 2, 2020 IPO. Palantir posted Q3 earnings on Nov. 3, 2025, topping estimates with EPS of $0.21 versus $0.17 expected and revenue of $1.18 billion versus $1.09 billion expected, and attributed growth to adoption of its AI software platforms. Major contracts include a £1.5 billion U.K. defense partnership, a $10 billion U.S. Army contract, and federal immigration and citizen-database work. The data services market is projected to grow from $220.2 billion in 2023 to $401.2 billion by 2028, an 82.2% increase. Peter Thiel co-founded Palantir.
Read at 24/7 Wall St.
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