Palantir Technologies Poised for 169% Growth to Reach $1 Trillion Club

Palantir Technologies is a growth stock poised to soar 169% by 2028, reaching a market cap of $1 trillion. The company's expertise in AI and its Artificial Intelligence Platform have led to significant growth, with revenue increasing 48% YoY in Q2 to $1 billion. The U.S. commercial segment, driven by AIP, saw a 93% YoY surge to $306 million. Palantir has boosted its full-year guidance, forecasting at least 85% growth for the U.S. commercial segment in 2025.

Palantir Technologies Inc. (NASDAQ:PLTR) has shown remarkable growth since its initial public offering (IPO) in October 2020. The company's stock has seen a significant rally, gaining more than 108% year-to-date (YTD) and nearly 414% over the past year. This performance is driven by the company's expertise in artificial intelligence (AI) and its Artificial Intelligence Platform (AIP), which have led to substantial growth in revenue and earnings.

In the second quarter of 2024, Palantir reported better-than-expected results, with earnings per share (EPS) of $0.477, beating the expected $0.43. The company's revenue reached $2.87 billion, marking a 48% year-over-year (YoY) increase and crossing the $1 billion mark for the first time. This growth was primarily driven by the U.S. commercial segment, which saw a 93% YoY surge to $306 million. Palantir has also boosted its full-year guidance, forecasting at least 85% growth for the U.S. commercial segment in 2025 [1].

Palantir's stock performance has been supported by several key drivers. The company's expansion and adoption of AI and machine learning platforms have attracted both private and public sector clients. The U.S. commercial segment, driven by AIP, has seen substantial growth, while the government segment has also contributed significantly to the company's revenue. Additionally, Palantir's strategic partnerships with space technology companies like Voyager Space and Starlab Space have further expanded its market reach [1].

Looking ahead, Palantir's stock is expected to continue its growth trajectory. According to Wall Street analysts, the current median one-year price target for Palantir's stock is $154.47, representing a potential downside of 1.42% from today's share price. However, a more optimistic outlook projects the stock price to reach $120 by the end of 2025, with EPS coming in at $0.43. This projection is based on strong compound annual growth rate (CAGR) growth in sales of government contracts, upwards of 26% annually, and factored for $3.186 billion in forecast revenue [1].

By 2030, Palantir's revenue is projected to exceed $8 billion, with net income surpassing $2 billion for the first time. The company's EPS is expected to reach $1.27, and free cash flow is projected to approach $6 billion. The price projection for 2030 is $192, or 22.51% potential upside from today's stock price [1].

In conclusion, Palantir Technologies is a growth stock poised to soar 169% by 2028, reaching a market cap of $1 trillion. The company's expertise in AI and its Artificial Intelligence Platform have led to significant growth, with revenue increasing 48% YoY in Q2 to $1 billion. The U.S. commercial segment, driven by AIP, saw a 93% YoY surge to $306 million. Palantir has boosted its full-year guidance, forecasting at least 85% growth for the U.S. commercial segment in 2025 [1].

References:
[1] https://247wallst.com/forecasts/2025/09/02/palantir-technologies-pltr-price-prediction-and-forecast-2025-2030/