Palantir Technologies Inc. (NASDAQ:PLTR) Stock Update

• Palantir's stock has seen a significant increase, rising nearly 5.5 times over the past year, with a current price of approximately $140.
• The company's U.S. commercial revenue surged by nearly 70% year-over-year in the last quarter, indicating strong growth in the commercial sector.
• Palantir is expanding its AI capabilities into the aviation industry, marking a strategic move by acquiring over one million shares of Surf Air Mobility Inc.

Palantir Technologies Inc. (NASDAQ:PLTR) is a prominent player in the software industry, known for its data analytics platforms. The company has gained attention for its work with government agencies and commercial clients. As of June 25, 2025, UBS maintained a "Positive" grade for Palantir, recommending investors to hold the stock, which was priced at $143.23.

Palantir's stock has seen a remarkable increase, rising nearly 5.5 times over the past year. In the last month alone, it gained 13%, reflecting strong investor confidence. The stock's current price is approximately $140, with a market capitalization of around $330 billion. This growth is partly due to securing more contracts under the Trump administration and benefiting from geopolitical instability.

The company is also making strides in its commercial sector, with U.S. commercial revenue surging by nearly 70% year-over-year in the last quarter. Despite these advancements, the stock's valuation is challenging to justify compared to other high-growth tech stocks. This surge in valuation is expected to impact the final reconstitution of FTSE Russell's benchmark indexes, leading to increased trading volume.

Palantir is expanding its AI capabilities beyond its established presence within the Pentagon, targeting the aviation industry. The company acquired over one million shares of Surf Air Mobility Inc., integrating its Foundry and AIP software into Surf Air's operations. This strategic move marks a significant step in Palantir's expansion into the aviation sector.

Currently, Palantir's stock is priced at $143.23, reflecting a 2.37% increase. The stock has fluctuated between $137.80 and $143.65 today, with a high of $144.86 and a low of $21.23 over the past year. The market capitalization stands at approximately $324.12 billion, with a trading volume of 55.90 million shares on the NASDAQ exchange.