"Shares of Palantir Technologies Inc. (NASDAQ:PLTR) sold off at the start of the new year, losing 14.05% over the first five trading sessions. But over the past five trading sessions, the stock is up 1.68%. The damage from a rotation out of AI stocks that began in late 2025 continues, but PLTR remains up 173.15% over the past year. Since going public on Oct. 2, 2020, it has gained an eye-popping 1,829.24%."
"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."
"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 is a major player in the space. The company was co-founded by entrepreneur and venture capitalist Peter Thiel, who was also the co-founder of PayPal Holdings (NASDAQ:PYPL) and the first outside investor in Facebook."
Shares of Palantir sold off at the start of the new year, losing 14.05% over the first five trading sessions, then gained 1.68% over the subsequent five sessions. PLTR remains up 173.15% year-over-year and 1,829.24% since its Oct. 2, 2020 IPO. Q3 2025 results topped estimates with EPS of 21 cents and revenue of $1.18 billion, and guidance linked growth to AI software adoption. Palantir secured major government contracts, including a £1.5 billion U.K. defense partnership and a $10 billion U.S. Army contract, along with federal immigration and citizen-database projects. Big Data market projections show data services growing to $401.2 billion by 2028.
Read at 24/7 Wall St.
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