Palantir stock has soared to new record highs, but concerns about its high valuation remain.

From Yahoo Finance: 2025-07-01 13:37:00

Palantir Technologies (PLTR) has seen its stock soar 72% this year and 403% in the past 12 months, hitting a record high of $148.21. The company, valued at $321.7 billion, creates critical software for government and defense agencies. Despite strong financial results, concerns about its high valuation persist.

Palantir’s first-quarter 2025 revenue rose 39% to $884 million, with U.S. commercial revenue up 71% to over $1 billion. The company closed 139 deals worth at least $1 million, with a robust pipeline for the future. Management raised full-year revenue growth guidance to 36%, emphasizing strong demand for its platforms.

Despite its strong performance, the market is divided on Palantir’s future, with a “Hold” consensus rating. Analyst price targets range from $40 to $155, with a median target of $104.94. Investors are cautious about the stock’s valuation, even as the company continues to deliver impressive financial results.

Read more: Is Palantir Stock a Buy at New Record Highs?