Palantir’s $400 Billion AI-Fueled Surge: Stock Skyrockets on Big Deals & Bold Forecasts
Palantir’s stock has been on a tear in 2025, transforming the once-stealthy software firm into one of the market’s hottest names. Shares have nearly quadrupled year-to-date, vastly outperforming both tech and defense peersreuters.com. As of October 22, Palantir traded around $173, and it has roughly doubled in 2025 alonereuters.com. This red-hot run makes Palantir one of the top S&P 500 gainers of the year. Over a three-year span, the stock has now surged over 600%reuters.com, reflecting investors’ fervor for anything related to artificial intelligence.
