522% Gains in One Year – Is Palantir Still a Buy?

Palantir Technologies has soared over the past year, driven by explosive demand for its artificial intelligence (AI) tools. Despite a sky-high valuation, some insiders and analysts believe the company’s growth story is just beginning.

Decades of AI Leadership

Palantir has spent more than 20 years at the forefront of AI and data analytics. Its Artificial Intelligence Platform (AIP) helps businesses and governments make smarter, data-driven decisions. To bridge the knowledge gap for business leaders, Palantir offers “boot camps”-intensive sessions where executives work directly with engineers to solve real-world problems using AIP. This hands-on approach quickly demonstrates the platform’s value and return on investment.

Rapid Growth and Impressive Numbers

Palantir’s results speak for themselves:

• First quarter revenue hit $884 million, up 39% year-over-year.
• Adjusted earnings per share jumped 63%.
• U.S. commercial revenue (including AIP) surged 71% year-over-year, now making up nearly a third of all sales.
• The number of U.S. commercial customers grew 65%.
• Remaining deal value—future contracted sales—soared 127%.

This success has pushed Palantir’s stock up 522% in the past year and over 1,250% since its 2020 IPO. The company now trades at a premium, with a price of 563 times earnings and 104 times sales.

Insider Confidence

Former Chief Accounting Officer Heather Planishek recently bought 10,000 shares for $1.16 million, even as the stock traded near all-time highs. Her total holdings now exceed 66,000 shares, worth over $8.4 million. Having spent more than eight years at Palantir, Planishek’s significant investment signals strong confidence in the company’s future.

Analyst Optimism

Analyst Dan Ives from Wedbush predicts Palantir’s market cap could climb from $302 billion to $1 trillion in the next two to three years, despite the current high valuation.

Big Picture

Palantir’s combination of proven AI expertise, rapid growth, and strong insider and analyst confidence suggests its story is far from over. For investors with a long-term outlook, Palantir remains a compelling opportunity

The information provided in this content is for informational and educational purposes only and should not be construed as financial, investment, or trading advice. The author may hold positions in some of the securities or assets discussed. Past performance is not indicative of future results.