Palantir Technologies (NASDAQ: PLTR) has seen a dramatic 2,000% surge in the past three years, driven by its AI capabilities through the Artificial Intelligence Platform (AIP). Revenue has climbed, customer count has increased, and contract value has surged. The company, established over 20 years ago, continues to attract government and commercial customers, with a record $1.3 billion in U.S. commercial contract value. Analysts project a growing AI market, indicating potential future growth for Palantir. While stock valuation may appear high, the Rule of 40 score suggests the company is effectively balancing revenue growth with profitability, possibly leading to positive stock performance.
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Read more at Nasdaq: Think Palantir Is Overhyped? This Metric Says It Still Has Room to Run
