Palantir Technologies ( (PLTR) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Palantir Technologies (NASDAQ:PLTR) has experienced a remarkable surge in its stock price, climbing 144% so far in 2025. This growth is largely attributed to the increasing demand for its AI-powered platforms and strong financial performance. The company has recently entered into a multi-million-dollar strategic partnership with Lumen Technologies to enhance AI deployment across industries. Despite its impressive growth, analysts remain cautious about Palantir’s high valuation, with some predicting a potential downside in its stock price.
As Palantir prepares to report its Q3 2025 earnings on November 3, expectations are high, with Wall Street forecasting a 70% increase in earnings per share from the previous year and a 50% rise in revenue. However, notable investors like Cathie Wood’s ARK Invest have been trimming their stakes in the company, indicating some skepticism about its current valuation. While Palantir’s future appears promising with its expanding AI ecosystem and robust deal flow, investors are advised to weigh the risks associated with its steep valuation.