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Barchart
Barchart
Sneha Nahata

Palantir Hits Record High Ahead of Q3 Earnings: Is PLTR Stock a Buy, Sell, or Hold?

Palantir PLTR Palantir Technologies United States

Palantir Technologies (PLTR) stock is in the spotlight as it heads into its third-quarter earnings release on Monday, Nov. 3. The data analytics and enterprise AI software company has seen its stock soar in recent months, gaining 25% over the past quarter and recently hitting a new all-time high of $199.85.

This impressive rally adds to an already remarkable year for Palantir. The stock has surged 162.49% year-to-date, and over the past 12 months, its value has skyrocketed by more than 354.38%, driven by growing enthusiasm for its Artificial Intelligence Platform (AIP) and its expanding government and commercial contracts.

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