Palantir Technologies Inc. (NASDAQ: PLTR) remains one of 2025’s most polarizing AI stocks. As of the close on December 8, 2025, Palantir shares changed hands at $181.49, down a modest 0.15% on the day but up more than 156% over the past 12 months. The stock has traded between $63.40 and $207.52 over the last year, with an average daily volume of about 30.5 million shares. [1]
At that price, Palantir sports a market capitalization of roughly $433 billion and trades around 432 times trailing earnings and over 7 times its projected earnings growth rate, levels that many analysts describe as extreme even by high‑growth tech standards. [2]
Below is a detailed look at what’s moving Palantir stock today — including the latest earnings, institutional moves, analyst forecasts, valuation debates, and the growing political and regulatory scrutiny around the company.
1. Palantir Stock Today: Price Action and Technical Backdrop
Near‑term trading picture
- Last close (Dec 8, 2025): $181.49
- Pre‑market indication (Dec 9, 2025): ~$180.03 [3]
- Day’s range (Dec 8): $179.54 – $183.88
- 52‑week range: $63.40 – $207.52
- 1‑year return: +156.02% [4]
Technical service StockInvest.us notes that Palantir slipped 0.149% on Monday, but the price has increased in 8 of the past 10 sessions and is up roughly 17.2% over the last two weeks. The firm recently downgraded PLTR from “Buy candidate” to “Hold/Accumulate” after the latest session, citing elevated valuation and the potential for a near‑term pause after a sharp run‑up. [5]
Their algorithm pegs a “fair” opening price for December 9 at around $181.64, very close to the actual last close, suggesting the stock is currently trading near what their model considers equilibrium in the short term. [6]
In plain terms: Palantir is still in a strong uptrend, but the easy money from the most recent leg of the rally may have been made.
2. Earnings Snapshot: “Otherworldly” AI Demand in Q3 2025
Palantir’s fundamental story in late 2025 is driven by explosive AI demand.
In Q3 2025, the company reported:
- Revenue: about $1.18 billion, up ~63% year over year, beating analyst estimates near $1.09 billion. [7]
- Adjusted EPS:$0.21, topping expectations of $0.17. [8]
- U.S. commercial revenue: approx. $397 million, up 121% year over year.
- Government revenue: roughly $486 million, up about 52%. [9]
CEO Alex Karp described Palantir’s commercial business as an “absolute juggernaut” and the demand for its AI Platform (AIP) as “otherworldly,” as the company raised its full‑year 2025 revenue outlook for the third quarter in a row to about $4.396–$4.4 billion, up from previous guidance around $4.14–$4.15 billion. [10]
The Economic Times notes that Palantir guided Q2 2025 revenue to $1.0 billion (up 48% YoY) and Q3 to $1.1 billion (up ~50% YoY) and that the company’s customer base grew roughly 43% year over year. Analysts in that piece project full‑year 2025 EPS of about $0.52, a massive jump from the prior year. [11]
Taken together, Palantir is showing hyper‑growth for a mega‑cap:
- Rapid double‑digit customer growth
- Triple‑digit growth in key U.S. commercial revenue
- Consistent earnings beats and upward revisions to guidance
That growth is the core of the bullish case for PLTR.
3. Strategic AI Partnerships: NVIDIA, Data Centers and “Nvidia Moment” Hopes
On the strategic side, Palantir continues to deepen its role in the AI infrastructure stack:
- A recent Reuters report highlighted a partnership between Palantir, CenterPoint Energy and Nvidia on an AI‑powered data center initiative dubbed “Chain Reaction.” The project aims to use Palantir’s software and Nvidia’s chips to optimize energy usage and capacity planning across AI‑heavy data centers. [12]
- A Motley Fool analysis argues Palantir could become the “Nvidia of AI software”, noting that its Artificial Intelligence Platform has seen rapid adoption and is emerging as a go‑to orchestration layer for enterprises that want to operationalize large language models and predictive analytics without building everything in‑house. [13]
Third‑party benchmarks frequently rank Palantir’s systems — including Gotham, Foundry and AIP — among the most capable enterprise AI platforms, reinforcing the idea that the company sits near the center of the AI software ecosystem. [14]
For growth‑oriented investors, these partnerships deepen the moat around Palantir’s software and support a long‑term narrative in which the company could continue growing revenue at elevated rates for years.
4. Institutional Buying vs. Insider & Fund Selling
Big institutions are still adding
Several recent SEC filings, summarized by MarketBeat, show large asset managers increasing their exposure to Palantir:
- State Street Corp has grown its position, while
- Lombard Odier Asset Management Switzerland SA and
- Daiwa Securities Group Inc. have also reported meaningful purchases of PLTR shares.
MarketBeat’s coverage notes that roughly 45–46% of Palantir’s stock is now held by institutional investors and hedge funds, while corporate insiders retain a substantial ~13% ownership stake. [15]
Insider and Ark Invest selling raise questions
At the same time, insider selling and high‑profile fund trims have become a major talking point:
- The Economic Times reports that Ark Invest’s Palantir stake has fallen to around 3% of its assets under management after repeated sales in 2025, including over $185 million in July and another $57 million sale of 354,955 shares on December 4. [16]
- Ark still holds more than $660 million in PLTR and remains one of the company’s largest backers, but the steady profit‑taking has spooked some retail investors. [17]
- CEO Alex Karp filed to sell 585,000 shares in November, a transaction worth roughly $96 million at the time, which coincided with a one‑day drop of about 5.85% in the stock price. [18]
- The same article notes that famed investor Michael Burry placed put options on 5 million Palantir shares, adding to the perception that sophisticated investors are hedging or betting against the lofty valuation. [19]
Economic Times concludes that, for now, these moves appear more like profit‑taking and portfolio rebalancing in a wildly successful AI name than a mass exodus — but urges investors to watch future Ark trades and insider filings closely. [20]
5. Analyst Ratings and Price Targets: Consensus “Hold” at Rich Multiples
Despite the explosive business fundamentals, Wall Street’s stance is surprisingly cautious.
Street consensus
- Data compiled by MarketBeat shows 24 analysts covering PLTR, with:
- 4 Buy ratings
- 18 Hold ratings
- 2 Sell ratings
- Average price target: about $172.28, below the current share price. [21]
- StockAnalysis.com shows a similar picture from its analyst set, with a blended rating around “Hold” and a target range running roughly from $50 on the low end to $255 on the high end. [22]
In other words, most analysts think Palantir is fully valued or slightly overvalued at today’s price, with only a minority recommending aggressive new buying at current levels.
AI‑driven downgrade from TipRanks
In late November, TipRanks’ AI Analyst Rina Curatex downgraded Palantir from “Buy” to “Hold” and cut the price target from $232 to $188, implying only about 13–14% upside from current levels. [23]
TipRanks’ AI analysis tool assigns Palantir a score of 69 out of 100, citing:
- Strong revenue growth, especially in the U.S.,
- Strategic upside from the Nvidia partnership, and
- Solid cash flow,
but flags bearish technical indicators and stretched valuation as reasons for caution. [24]
Independent valuation models
- Morningstar assigns Palantir a 2‑star rating, calling it “moderately overvalued” relative to their fair value estimate. [25]
- A Webull discounted cash flow (DCF) analysis estimates that PLTR may be overvalued by roughly 110%, suggesting fair value at less than half of the current price. [26]
These models underscore a recurring theme: Palantir might be a phenomenal business trading at a price that already discounts years of perfection.
6. Growth Forecasts Through 2026: Wall Street’s Base Case
Looking ahead, consensus models still project rapid growth:
According to StockAnalysis aggregates: [27]
- 2024 revenue (actual): about $2.87 billion
- 2025 revenue (estimate): about $4.49 billion (+~57% YoY)
- 2026 revenue (estimate): about $6.40 billion (+~43% YoY)
Earnings are expected to ramp even faster:
- 2024 EPS: ~$0.19
- 2025 EPS estimate: ~$0.74
- 2026 EPS estimate: ~$1.03
Even using those optimistic numbers, Palantir still trades at:
- Well above 150x forward earnings, and
- Roughly 100x this year’s projected revenue if you compare consensus revenue estimates with the current market cap. [28]
That’s why some commentators argue Palantir may be “priced like perfection” — even if the company delivers its aggressive growth roadmap.
7. Bulls vs. Bears: $200 Targets vs. 70% Downside Scenarios
The spread between bullish and bearish views on PLTR is enormous.
Bullish narratives
- A widely cited 24/7 Wall St. piece, “Prediction: Palantir Will Be a $200 Stock This Year,” argued back in July that, up more than 100% in 2025 and 475% over 12 months, Palantir still had room to run and could hit $200 on the back of multiple catalysts, including AI demand, S&P 500 inclusion and new contracts. [29]
- A more recent 24/7 forecast article for December 8 highlights that Palantir stock gained over 10% in the last five trading days and more than 7% in the prior five, as investors continue to buy into the AI growth story. [30]
- Motley Fool analyses frame Palantir as a potential multi‑year compounder and argue the company is steadily becoming the default AI software provider for enterprises, akin to what Nvidia has become in AI hardware. [31]
Bearish warnings
On the other side:
- A 24/7 Wall St. column bluntly titled “Palantir Could Be the Most Overvalued Company That Ever Existed” notes that PLTR has traded around 360x trailing earnings and 153x forward earnings, and estimates the company might need to grow revenues by 1,500% over 25 years to justify today’s price. [32]
- A Motley Fool piece on “2 Seemingly Unstoppable AI Stocks That Can Plunge Up to 96% in 2026” includes Palantir, highlighting one Wall Street analyst’s target that implies up to 72% downside from recent highs. [33]
- Seeking Alpha recently ran an article titled “Palantir: The Valuation Has Lost All Touch With Reality,” pointing out that even with 62–63% revenue growth and U.S. commercial revenue up 121%, the stock’s multiples remain far above most AI and defense peers. [34]
The result: reasonable people, looking at the same numbers, arrive at drastically different conclusions about what PLTR should be worth.
8. Political, Ethical and Regulatory Overhang
Palantir’s story isn’t purely financial — it’s also deeply political.
“World’s scariest company?”
The Guardian’s Today in Focus podcast just released an episode asking whether Palantir is the “world’s scariest company,” exploring its role in surveillance, defense, and its CEO Alex Karp’s stated mission to “save the West.” [35]
Role in immigration enforcement
A recent Washington Post investigation details how Palantir now plays a central role in U.S. Immigration and Customs Enforcement (ICE) operations through an “Immigration OS” platform that helps track and deport undocumented immigrants at scale. The report describes a $60 million ICE contract awarded without open bidding, internal employee backlash, and concerns from former staff that Palantir’s tools may be enabling civil‑liberties abuses. [36]
These stories underscore key non‑financial risks:
- Heightened political scrutiny and the possibility of regulatory backlash,
- Reputational risk with customers, employees and governments, and
- Potential for future contract cancellations or constraints if public or political opinion turns strongly against Palantir’s role in security and immigration.
For some investors, these controversies are simply the cost of doing business in high‑stakes national security. For others, they represent material ESG and headline risks that could affect valuation multiples over time.
9. Extra Color: Culture, Talent and “Meritocracy” Experiments
Beyond numbers and politics, Palantir is also experimenting with unconventional talent pipelines:
- A recent Investopedia article highlights Palantir’s new “Meritocracy Fellowship”, which pays high‑school graduates about $5,400 per month to study philosophy, history and political thought — with the possibility of transitioning into engineering roles at the company. Some fellows reportedly turned down Ivy League offers to join. [37]
CEO Alex Karp has been openly critical of what he calls “broken” university systems and argues that institutional prestige doesn’t matter once people start working at Palantir. [38]
While this doesn’t move the stock in the short term, it signals Palantir’s ambition to build a unique culture and talent pool, which bulls see as reinforcing its long‑term edge in complex AI and data‑driven work.
10. What Today’s Picture Means for Palantir Investors
As of December 9, 2025, the Palantir stock story can be distilled into a few key points:
- Fundamentals are on fire.
- Revenue growing 60%+ year over year,
- U.S. commercial revenue more than doubling,
- Consistent earnings beats and rising guidance,
- Strengthening partnerships with Nvidia and critical infrastructure players. [39]
- The valuation is extreme by almost any traditional metric.
- Hundreds of times trailing earnings,
- Well over 100x forward earnings and close to 100x revenue,
- Multiple independent models — from Morningstar to Webull to 24/7 Wall St. — flag significant overvaluation risk. [40]
- Professional opinion is split but leans cautious.
- Consensus rating is “Hold”, not “Strong Buy,”
- Targets cluster around or slightly below the current price,
- Some high‑profile voices (Jim Cramer, certain Motley Fool writers, bullish analysts) see a potential path to $200+ and beyond, while others warn of 50–70% downside if the AI bubble deflates. [41]
- Sentiment is fragile and headlines matter.
- Insider sales, Ark Invest trimming, and Michael Burry’s short positioning all feed a narrative that “smart money” is locking in profits and hedging risk. [42]
- Political investigations and high‑profile podcasts cast Palantir as a controversial player in surveillance and immigration enforcement, which could influence regulators and customers. [43]
- Technical picture suggests short‑term consolidation is possible.
- After a 17% two‑week surge and a 156% 12‑month move, technical models see PLTR as extended, with some services downgrading it from “Buy” to “Hold/Accumulate” in the very near term. [44]
Final Thoughts
For now, Palantir sits at the center of the AI boom — a company delivering eye‑popping growth with a business deeply embedded in defense, security, and critical data infrastructure.
- Bulls argue that a once‑in‑a‑generation platform deserves a premium and that Palantir is on track to become the dominant operating system for enterprise AI.
- Bears counter that even great companies can be terrible investments when bought at the wrong price, and that Palantir’s valuation assumes a near‑perfect future in a sector that could face regulation, competition and sentiment swings.
Either way, PLTR is a high‑risk, high‑reward stock whose fate will likely be decided by whether it can sustain its current growth trajectory while gradually growing into its valuation.
Note: This article is for informational and educational purposes only and does not constitute financial, investment or trading advice. Always do your own research and consider speaking with a licensed financial advisor before making investment decisions.
References
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