Fed's Daly: AI could make country more productive

Fed's Daly: AI could make country more productive

Palantir Technologies (PLTR) stock has been on a rollercoaster ride in 2025, driven by a series of strategic partnerships and strong earnings reports. As of October 3, 2025, the stock opened around $186.40 and is trading near $184–185, down ~1.4% from the previous day. Despite today’s pullback, Palantir remains well above last year’s levels, having more than doubled year-to-date (YTD) by mid-2025.

The recent surge in Palantir’s stock price can be attributed to several key developments. On September 23, Boeing Defense & Space announced it would integrate Palantir’s AI/data platform across its operations. Boeing’s defense chief called this “game-changing,” noting that it allows them to make decisions “not in weeks, but in days and hours.” This partnership led to a 2% jump in Palantir shares.

In early August 2025, Palantir reported record Q2 results, with revenue up 48% year-over-year (YoY) to roughly $1.00 billion. The company raised full-year revenue guidance to about $4.14–4.15 billion, reflecting strong demand from both government and commercial segments. This strong performance has been a significant driver of Palantir’s stock price.

However, not all analysts are bullish on Palantir. Some, like Andrew Left of Citron, have called the stock “overvalued,” suggesting a rational value of only $65–$70 per share. Left argues that Palantir’s market is limited to defense and enterprise contracts, and growth is slow compared to more explosive AI peers.

Market sentiment has been intense, with Palantir being the top-trending ticker on StockTwits in mid-August. However, social sentiment scores were low (bearish) but message volume was high. Today’s news of a U.S. Army memo flagging security flaws in a new battlefield communications system built by Anduril and Palantir contributed to a modest pullback in PLTR shares.

Technically, Palantir’s chart shows it has climbed steeply all year but is in a short-term pullback. The stock filled in an early-August gap, and its RSI indicator cooled off. As of this week, the RSI has dipped back toward neutral, suggesting buyers have taken profits. The price is also nearing its 50-day moving average (~$150–$155), which could act as near-term support.

Palantir’s recent partnerships and product developments have also been notable. In addition to the Boeing partnership, Palantir has landed deals with the U.S. Army, a nuclear energy company, and a UK defense partner. The company’s two main products, Foundry and AI Platform (AIP), have seen updates, with new features like “AIP Evals” and improved data connectivity.

Palantir’s strategy seems to be leveraging its “sticky” platform to capture big contracts while also branching into commercial AI use cases. However, investors will be watching closely to see if the company can deliver on this strategy without overshooting costs.

In summary, Palantir’s stock has been driven by a series of strategic partnerships and strong earnings reports. However, market sentiment remains mixed, with some analysts bullish and others cautious. As of October 3, 2025, the stock is trading near its all-time highs, but technical indicators suggest a short-term pullback may be underway.