Palantir’s $400 Billion AI-Fueled Surge: Stock Skyrockets on Big Deals & Bold Forecasts
Red-Hot Stock Rally Powered by AI 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 peers reuters.com. As of October 22, Palantir traded around $173 (just shy of recent highs around $182 earlier in the week), and it has roughly doubled in 2025 alone reuters.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