Palantir's stock soars 60% as AI and defence deals fuel record growth
Palantir Technologies has reported strong financial growth alongside new high-profile partnerships. The company's stock has climbed over 60% in the past year, with analysts predicting further gains. Recent deals with defence and aerospace firms highlight its expanding role in AI-driven solutions. Palantir's revenue surged 56% year-on-year to $4.5 billion in fiscal year 2025. Adjusted free cash flow also reached $2.3 billion, reflecting robust financial health. The bulk of its earnings—73.3%—came from U.S. commercial and government contracts.
The company has secured two major defence-related projects. One involves a $185 billion collaboration with Anduril Industries on the 'Golden Dome' missile-defence system. Another is a multi-year partnership with GE Aerospace to develop AI-powered solutions for aerospace applications. Analysts remain optimistic about Palantir's prospects. Wedbush set a $230 price target, citing its critical contributions to U.S. military operations. Mizuho Securities assigned an 'Outperform' rating with a $195 target. The average forecast among 25 analysts stands at $201.32, suggesting a potential 42% upside. Currently, the stock holds a consensus 'Moderate Buy' rating. With 4,429 employees globally, Palantir continues to expand its workforce as demand for its technology grows.
Palantir's financial performance and strategic partnerships position it strongly in defence and AI sectors. The company's stock momentum and analyst confidence reflect its growing influence. Further developments in military and aerospace projects could drive additional growth in the coming year.
