Overview

• Palantir’s market cap reached $281 billion, surpassing Salesforce to join the top 10 most valuable U.S. tech companies.
• The company’s stock has risen 58% in 2025, making it the S&P 500’s top performer for the second consecutive year.
• A 45% growth in government business, including a $178 million U.S. Army AI contract, has been a key driver of revenue gains.
• Palantir trades at 520× trailing earnings and 90× revenue, far exceeding peer averages, prompting analyst warnings about its valuation.
• The stock is down 5% this week following a 12% drop after Q1 earnings revealed slowing international commercial sales.