Palantir (PLTR) Soars 7.27% on NATO AI Adoption, Earnings Hopes

Palantir Technologies Inc. (PLTR) shares surged 7.27% today, marking the second consecutive day of gains, with a total increase of 11.04% over the past two days. The stock price reached its highest level since February 2025, with an intraday gain of 10.39%.

One of the key drivers behind Palantir's recent stock surge is the adoption of its artificial intelligence system by NATO. This significant development has bolstered the company's AI-driven momentum, contributing to the positive market sentiment surrounding Palantir.

Additionally, Palantir's Q1 2025 earnings are anticipated to showcase a 62% increase in earnings per share (EPS), with revenues projected to reach $864 million. This substantial growth in earnings and revenue highlights the company's robust financial performance and promising growth prospects, further fueling investor confidence.

Palantir has also benefited from a combination of macroeconomic factors and business-specific catalysts. These elements have collectively driven the stock's recent upward trajectory, reflecting the company's strong market position and strategic initiatives.

Furthermore, Palantir's defense contracts, such as a $30 million deal with the Department of Immigration and Customs Enforcement (ICE), have played a crucial role in its recent success. These lucrative contracts, partly attributed to political connections, including those with Elon Musk and the Trump administration, have provided a significant boost to the company's revenue and market standing.