Palantir is an artificial intelligence, analytics, and automated decision-making company that leverages data to drive efficiency across its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. Palantir works only with entities in Western-allied nations and reserves the right not to work with anyone that is antithetical to Western values. The company was founded in 2003 and went public in 2020.
Nvidia Corp
Microsoft Corp
Alphabet Inc. Class A Common Stock
Alphabet Inc. Class C Capital Stock
Amazon.Com Inc
C3.ai, Inc.
Tesla, Inc. Common Stock
Meta Platforms, Inc. Class A Common Stock
Snowflake Inc.
Advanced Micro Devices
The chart shows the growth of an initial investment of $10,000 in Palantir Technologies Inc. Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Palantir Technologies Inc. Class A Common Stock (PLTR) has returned -18.11% so far this year and 122.75% over the past 12 months. Looking at the last ten years, PLTR has achieved an annualized return of 30.97%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Palantir Technologies Inc. Class A Common Stock (PLTR) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -19.15% | -9.11% | 3.91% | 0.99% | ||||||||
| 2025 | 8.25% | 5.98% | -4.69% | 41.18% | 9.78% | 3.72% | 17.06% | 1.07% | 20.65% | 10.56% | -17.85% | 7.73% |
| 2024 | -5.07% | 54.72% | -9.05% | -4.40% | -1.14% | 16.73% | 5.53% | 16.51% | 18.66% | 11.69% | 59.98% | 12.14% |
| 2023 | 18.24% | 1.42% | 7.92% | -7.41% | 89.81% | 6.02% | 28.08% | -23.02% | 5.54% | -7.67% | 35.47% | -13.85% |
| 2022 | -25.33% | -16.73% | 14.51% | -24.47% | -16.38% | 4.01% | 13.61% | -24.68% | 6.83% | 7.92% | -16.57% | -14.51% |
| 2021 | 47.14% | -32.35% | -7.54% | -3.80% | -0.26% | 13.67% | -16.82% | 20.22% | -9.15% | 6.90% | -20.91% | -11.30% |
| 2020 | -5.00% | 4.54% | 165.00% | -16.16% |
The charts below present risk-adjusted performance metrics for Palantir Technologies Inc. Class A Common Stock (PLTR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of PLTR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Palantir Technologies Inc. Class A Common Stock volatility is 3.03%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 8.90B | 6.34B | 4.52B | 3.46B | 3.25B | 2.69B |
| Equity Attributable To Parent (USD) | 7.39B | 5.00B | 3.48B | 2.57B | 2.29B | 1.52B |
| Equity Attributable To Noncontrolling Interest (USD) | 100.74M | 91.13M | 85.40M | 77.11M | - | - |
| Equity (USD) | 7.49B | 5.09B | 3.56B | 2.64B | 2.29B | 1.52B |
| Noncurrent Liabilities (USD) | 236.80M | 250.46M | 215.44M | 230.86M | 296.36M | 564.13M |
| Other Current Liabilities (USD) | 988.86M | 688.98M | 650.80M | 499.66M | 524.42M | 502.00M |
| Wages (USD) | 178.66M | 306.94M | 83.09M | 43.50M | 60.73M | 85.47M |
| Accounts Payable (USD) | 8.06M | 103.00K | 12.12M | 44.79M | 74.91M | 16.36M |
| Current Liabilities (USD) | 1.18B | 996.02M | 746.02M | 587.94M | 660.06M | 603.82M |
| Liabilities (USD) | 1.41B | 1.25B | 961.46M | 818.80M | 956.42M | 1.17B |
| Other Non-current Assets (USD) | 490.26M | 366.96M | 336.05M | 350.49M | 352.90M | 403.53M |
| Fixed Assets (USD) | 51.96M | 39.64M | 47.76M | 69.17M | 31.30M | 29.54M |
| Noncurrent Assets (USD) | 542.22M | 406.60M | 383.81M | 419.66M | 384.20M | 433.08M |
| Current Assets (USD) | 8.36B | 5.93B | 4.14B | 3.04B | 2.86B | 2.26B |
| Assets (USD) | 8.90B | 6.34B | 4.52B | 3.46B | 3.25B | 2.69B |
Anthropic's Claude CoWork, a new agentic AI suite, threatens traditional SaaS platforms by automating complex workflows across multiple applications. However, Palantir's AIP remains insulated due to its specialized domain expertise, rigorous governance, and mission-critical applications in defense and enterprise operations that require deep customization and compliance—capabilities difficult for general-purpose AI agents to replicate.
Palantir Technologies demonstrates impressive growth with U.S. commercial revenue up 137% year-over-year and government revenue up 66%, driven by generative AI integration. However, the stock trades at 108 times forward earnings, requiring the company to triple earnings over three to five years just to reach reasonable valuation. The analyst argues this represents too much success already priced in and suggests better AI investment opportunities exist.
Ondas (NASDAQ: ONDS) completed its acquisition of World View Enterprises, integrating World View's Stratollite® system for high-altitude intelligence, surveillance, and reconnaissance (ISR) capabilities. The deal strengthens Ondas' multi-domain defense platform and expands its addressable market. The stock trades near 52-week highs with a Buy rating and $15.56 average price target, though technical indicators show mixed momentum with bearish MACD signals.
The Nasdaq-100 has historically achieved average five-year returns of 103% over the past two decades. With the Nasdaq recently entering correction territory, the Invesco QQQ Trust (which tracks the Nasdaq-100) presents a buying opportunity. The index is heavily exposed to AI-related technology and consumer discretionary stocks, though investors should be prepared for volatility due to concentration risk in its top 10 holdings.
While Palantir has shown strong financial performance with 70% YoY revenue growth and expanding margins, its valuation is extremely high at a forward P/E of 113. ServiceNow is positioned to outperform Palantir over the next year due to its diversified software suite, strong AI integration through NowAssist and AI Control Tower, and more attractive valuation at 25x earnings with conservative guidance that could drive upside surprises.
Hedge fund manager Eric Jackson is shorting major SaaS stocks including Salesforce, Asana, Five9, DocuSign, and Atlassian based on his 'AI Paradox' theory: companies that mention AI most frequently show 5.4% worse forward returns than peers. Jackson believes excessive AI talk is a red flag rather than bullish signal. He favors cybersecurity stocks (CrowdStrike, Zscaler, Palo Alto Networks) and infrastructure plays (NVIDIA, Palantir, Nebius) that show tangible AI benefits.
Legendary investor Michael Burry hinted on social media that his AI short positions against Palantir and Nvidia may be closing or profitable. Both stocks have declined significantly in 2026 after strong 2025 runs, with Palantir down 20% and Nvidia down nearly 9% year-to-date. Burry's cryptic posts suggest his 'Big Short 2.0' bet against the AI bubble may be paying off, though his actual trading activity and profits remain unclear from regulatory filings.
Palantir Technologies has experienced a 29% decline from its November 2025 peak despite reporting 70% year-over-year revenue growth. The primary concern is the company's extremely high valuation at 233 times trailing earnings, compared to 23x for Microsoft and 22x for IBM. While Palantir's innovative data analytics platform and significant defense contracts position it well for future growth, investors should be aware that near-perfect execution is required to justify its current stock price.
Nvidia stock has declined to its lowest level in about a year amid market uncertainties and concerns about AI spending. Despite remaining fundamentally a growth stock with strong revenue growth expectations (72% annually), the article argues that Nvidia now trades at valuations attractive to value investors. The company maintains its position as the world's leading AI chip designer with high profitability margins and expanding product portfolio including AI agents and networking tools.
Billionaire Stanley Druckenmiller's Duquesne Family Office significantly increased positions in Alphabet and Amazon during Q4 2025, marking the second consecutive quarter of purchases. Druckenmiller sold his stakes in Nvidia and Palantir, instead favoring these two AI-focused companies that are trading at historically attractive valuations relative to their projected cash flows. Both companies are leveraging generative AI and large language models in their cloud infrastructure platforms, with Google Cloud reporting 48% revenue growth and AWS accelerating to 24% growth.