Palantir Technologies Inc. (PLTR) hit $1B in Q2 revenues, up 48% YoY, surpassing estimates with strong U.S. commercial demand. U.S. commercial revenues surged 93% YoY, now 31% of total sales, with customer count up 64%. PLTR raised 2025 revenue forecast to $4.142B-$4.150B and posted a 77% rise in RPO. NVIDIA (NVDA) and Amazon (AMZN) have seen growth due to AI, but PLTR’s record revenue growth is attracting investor interest. With shares up 512% in a year, is it still a good investment?

Palantir reported record Q2 results, with revenues hitting $1B, up 48% YoY. EPS was $0.16, beating estimates. U.S. commercial segment drove revenue growth, with customer count up 64%. Full-year revenue outlook raised to $4.142B-$4.150B. RPO increased 77% to $2.42B, indicating potential for future growth. CEO remains optimistic about company’s prospects.

Palantir’s strong quarter and AI focus suggest holding onto shares, but high P/E ratio of 308.1 may make stock overvalued. Steady defense contracts and commercial client growth hint at long-term expansion. New investors may want to wait for price correction before investing. Palantir currently has a Zacks Rank #3 (Hold).

Read more at Zacks Investment Research.: Palantir Achieves $1B Revenues, Is It Too Late to Invest? – August 7, 2025