Palantir Technologies Inc. Ranks Fourth in Trading Volume with $96.26 Billion, Stock Surges 10.13% in Two Days

Volume AlertsMonday, Jun 9, 2025 7:43 pm ET
2min read

On June 9, 2025,

(PLTR) saw a significant trading volume of $96.26 billion, ranking fourth in the day's stock market activity. The company's stock price surged by 3.40%, marking its second consecutive day of gains and a total increase of 10.13% over the past two days.

Palantir's stock has been on a remarkable run, surging 63% year to date, driven by the growing adoption of its AI platform,

suite, and defense-focused solutions. The company's Artificial Intelligence Platform (AIP) has been a key driver of its recent success, with U.S. commercial revenues skyrocketing 71% year over year and 19% sequentially in the first quarter of 2025. This growth pushed the annual run rate past the $1 billion mark for the first time.

The total contract value in the commercial segment increased by 239% year over year, with a significant rise in the number of $1 million contracts closed compared to the previous year. The popularity of AIP bootcamps, which are short, targeted training sessions for enterprise AI deployment, has been a major contributor to this growth. These bootcamps help reduce implementation timelines and showcase AIP’s plug-and-play value, enabling customers to scale AI operations more efficiently.

Palantir's flexible, modular sales model allows clients to start with specific components, further lowering the barrier to adoption. Combined with usage-based pricing, this strategy has broadened Palantir’s reach in the U.S. commercial sector, making AI integration more accessible and scalable for new clients.

As of March 31, 2025,

boasted a strong balance sheet with $5.4 billion in cash and no debt. This financial strength provides the company with strategic flexibility to reinvest in growth without external financing pressures. Revenue growth remains robust, with first-quarter sales soaring 39.3% year over year. Deal momentum is equally encouraging, with Palantir closing 139 deals of at least $1 million, 51 deals of at least $5 million, and 31 deals of at least $10 million in the quarter.

Earnings momentum for Palantir remains strong, with the consensus estimate for second-quarter 2025 EPS standing at 14 cents, up 55.6% from a year ago. Full-year earnings are projected to grow 44% in 2025 and 25% in 2026. Sales estimates are equally bullish, with 38% expected growth in the second quarter and full-year top-line increases of 37% and 28% for 2025 and 2026, respectively.

Despite its strong fundamentals, Palantir's valuation is a concern. Its forward P/E ratio of 197 dwarfs the industry average of 40. This lofty premium reflects high expectations around future AI monetization and government contracts. While the growth story is compelling, the stock is priced for near-flawless execution, leaving minimal margin for error. Such a valuation exposes the stock to heightened volatility, especially if earnings or guidance falter in any quarter.

Investors must weigh the long-term promise of Palantir against the short-term risk. While long-term investors should hold onto their positions, chasing the stock at these levels could prove risky. A better entry point may emerge after a pullback and valuation reset.

Ask Aime: Can AI Predict Palantir's Stock Surge?