Amazon Founder & Executive Chair Jeff Bezos: AI's biggest impact will be enhancing productivity and quality across industries.

Amazon Founder & Executive Chair Jeff Bezos: AI's biggest impact will be enhancing productivity and quality across industries.

Palantir Technologies (PLTR) stock has seen significant movement in recent days, with the company's share price opening around $186.40 on October 3, 2025, and trading near $184–$185, down by approximately 1.4% from the previous day. Despite this pullback, Palantir remains well above its levels from last year, having more than doubled year-to-date (YTD) by mid-2025.

A major catalyst for this rally is Palantir's partnership with Boeing Defense & Space, announced on September 23, 2025. Boeing's defense chief described the integration of Palantir's AI/data platform across its operations as "game-changing," enabling faster decision-making. This news led to a 2% jump in Palantir shares.

Recent earnings and guidance from Palantir have also been strong. In early August 2025, the company reported record Q2 results, with revenue up 48% year-over-year (YoY) to roughly $1.00 billion. Full-year revenue guidance was raised to about $4.14–$4.15 billion, reflecting robust demand from both government and commercial sectors.

Analyst views on Palantir are mixed. Some, like Dan Ives of Wedbush, remain bullish on the company's AI prospects [1]. Others, such as Andrew Left of Citron, have expressed concerns about valuation, suggesting a rational value of around $65–$70 per share. Price targets range widely, from as low as $45 to as high as $215, with the consensus target around $125–$140, implying modest upside.

Palantir's stock performance today (October 3, 2025) reflects a slight pullback from its previous day's close, trading near $184.50 as of 9:48 AM ET. The stock remains close to its all-time highs, with elevated trading volume indicating investor interest following last week's news.

Palantir's share price has been driven by a series of recent developments, including Q2 earnings, a U.S. Army contract, a Boeing partnership, and a nuclear industry partnership. However, a recent Reuters report on an internal U.S. Army memo flagging security flaws in a battlefield communications system built by Anduril and Palantir contributed to today's modest pullback.

Technically, Palantir's stock has retraced some of its early-2025 gains, with the Relative Strength Index (RSI) cooling off from extreme levels. The price is approaching the 50-day moving average (~$152), which could provide short-term support.

Palantir is expanding its footprint into new sectors beyond defense, with recent partnerships and product developments. The company continues to invest aggressively in R&D and hiring, aiming to leverage its "sticky" platform to capture big contracts while also branching into commercial AI use cases.