Palantir Technologies' Recent Growth and Government Contracts Under Scrutiny

Palantir Technologies stock surged 79% YTD, driven by strong Q1 earnings, increased government contract revenue, and positive analyst sentiment. The company's revenue grew 39% YoY to $883.86 million, beating estimates. US revenue increased 55% to $628 million, with commercial revenue up 71% and government revenue up 45%. Palantir expects Q2 revenue of $934 million-$938 million and full-year 2025 revenue of $3.89 billion-$3.90 billion. Analysts are bullish on the stock, with a consensus price target of $76.72. However, recent events, such as states accusing the Trump administration of illegally sharing Medicaid recipients' health data with immigration authorities, may dent the stock's growth.