Palantir Technologies (NASDAQ: PLTR) earlier this month reported fourth-quarter financial results that crushed Wall Street's expectations. The stock has rocketed higher on the news, such that its total return since January 2024 now stands at 585%.

Palantir, known for its data analysis work with the US and Israeli militaries, Palantir was the top-performing S&P 500 stock in 2024, soaring 340 per cent. The stock has continued to surge since reporting blockbuster earnings, and is up more than 50 per cent in 2025. There’s more to come, suggests chief executive Alex Karp.

Shares of Palantir Technologies (NASDAQ: PLTR) continue to prove all the doubters wrong. Despite its seemingly egregious valuation, the stock continues to soar. After another impressive performance, shares of Palantir are once again hitting new highs.

Palantir Technologies (NASDAQ: PLTR) stock is off to a remarkable start in 2025, rising more than 54% as of this writing on account of the company's accelerating growth and fast-improving revenue pipeline that points toward a bright future.