Palantir stock price current benefits from geopolitical demand for intelligence platforms. Revenue growth forecasts remain in double digits, underpinning analyst target upgrades. A multiple of this magnitude is unsustainably high, particularly for a company with persistent cash burn and no tangible path to profitable unit economics. So, what's really happening here? Last week ended on a sour note for investors in Palantir Technologies ( NASDAQ:PLTR ) , an uncommon sight indeed for the AI stalwart. The companyâs share price has been on a steep incline throughout recent history, and PLTR has skyrocketed upwards by 345% during the trailing twelve months. Palantir stock price current movement has been positively correlated with Nasdaq gains this week, as investors rotate into data-driven software names. Volume surged 15% above average, hinting at short-term breakout potential.
