Palantir Technologies (PLTR) stock has risen significantly due to strong commercial revenue and AI expansion.
From Financial Modeling Prep: 2025-06-25 12:10:00
Palantir Technologies Inc. (NASDAQ:PLTR) has experienced a significant stock increase, rising nearly 5.5 times in the past year to approximately $140. The company’s U.S. commercial revenue surged by almost 70% year-over-year in the last quarter, showing strong growth in the commercial sector. Palantir is expanding its AI capabilities into the aviation industry by acquiring over one million shares of Surf Air Mobility Inc.
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