what is palantir stock

Palantir Technologies Inc. (stock symbol: PLTR) is a publicly traded American software company specializing in big data analytics and software platforms for integrating, analyzing, and making sense of large datasets. The company was founded in 2003 and focuses on serving government, defense, and commercial sectors. Palantir's main software platforms are Palantir Gotham (used primarily for intelligence and defense purposes) and Palantir Foundry (used by commercial clients for data integration and operational insights). Palantir went public in 2020, initially listed on the New York Stock Exchange, and in late 2024, transferred its listing to the Nasdaq Global Select Market, continuing to trade under the symbol PLTR. It was added to the S&P 500 index in September 2024. As of mid-August 2025, Palantir's stock price is around $177 per share. The stock has seen a significant rise, partly driven by the company's role in artificial intelligence (AI) analytics, with a 147% increase year-to-date in 2025. Palantir's market capitalization is over $400 billion, making it a major player in the software and data analytics space. Palantir's financials show strong growth, with trailing twelve-month revenue around $2.4 billion, year-over-year growth of 27%, and robust gross margins of about 80%. Its commercial revenue surged by 93%, with a 64% increase in customer count. The company is viewed as a key player in AI for mission-critical workflows, focusing on government, healthcare, finance, and regulated industries. However, Palantir’s stock valuation is considered very high, leading some analysts to caution about potential risks tied to its market price and competitive pressures from larger cloud and AI service providers. In summary, Palantir stock (PLTR) represents a high-growth technology company specialized in data analytics and AI platform solutions, trading on Nasdaq, with a strong market position but also notable valuation risks amid a rapidly evolving tech landscape. If you want details on the current price or financial metrics, Palantir stock is trading at about $177 per share as of the latest data, with substantial recent stock performance driven by AI sector momentum. Let me know if you want more specific financial data or investment analysis on Palantir stock.