Palantir Surges to Fifth Most Traded Stock with $124.83 Billion Volume

On April 30, 2025, Palantir Technologies Inc. (PLTR) saw a significant surge in trading volume, reaching $124.83 billion, marking a 36.26% increase from the previous day. This substantial rise placed Palantir as the fifth most traded stock of the day, reflecting a strong market interest in the company's performance. Over the past week, Palantir's stock has shown remarkable resilience, climbing by 30.44% and maintaining a positive trajectory for seven consecutive days, with a daily increase of 2.03%.

Despite recent gains, Palantir's stock remains volatile and risky, influenced by macroeconomic factors and geopolitical developments beyond its control. The company's stock ended Wednesday's trading in the green despite opening with a substantial valuation pullback, indicating a bounce-back from recent sell-offs.

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the US, the UK, and internationally. It provides different platforms, which include Palantir Gotham, Palantir Foundry, Palantir Apollo, and Palantir Artificial Intelligence Platform/AIP. On April 16, Morgan Stanley reiterated the stock as Equal Weight and lowered its price target to $90 from $95. The firm thinks that the company’s technical capabilities allow customers to realize early success on its GenAI initiatives. In 2024, Palantir’s US commercial sector grew by 54% year-over-year due to AIP and generated $702 million in revenue. In Q4 alone, the sector grew by 64%.

The US commercial sector booked $803 million in Total Contract Value in Q4, which indicated a 134% year-over-year improvement. The customer base for this segment also jumped by 73%. Palantir projects US Commercial revenue to surpass $1.079 billion in 2025 at a 54% growth rate. To drive this, Palantir Technologies Inc. is investing in technical talent and product development to remain at the forefront of the AI revolution.

Palantir's prospects remain solid, despite the current trade uncertainty. Tariffs have been around for a very long time, and the market has already priced in these risks. The company is set to report earnings, and despite a high valuation, PLTR stock could still keep delivering for investors. Palantir's AI-driven platforms are ideally suited to help identify inefficiencies, allocate resources effectively, and achieve cost reductions, making it a key partner for the U.S. government’s new Department of Government Efficiency (DOGE).