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Palantir Technologies (PLTR) saw its stock jump more than 7% in pre-market trading on August 5, 2025. The hike came after a good Q2 earnings report that beat analyst expectations and marked a historic milestone.
For the second quarter of 2025, Palantir posted earnings per share of $0.16, surpassing Wall Street estimates of $0.14. It is a 77% year-over-year increase. Revenue surged to $1.004 billion, up 48% from the previous year. This figure is well above the projected $939.25 million. This marked the first time Palantir crossed the billion-dollar mark in quarterly revenue.
After slipping in May over valuation concerns, Palantir share price has shown a continued bullish momentum. It is now up over 110% year-to-date, far outpacing the S&P 500's 7.4% gain. Investors appear more confident in the company’s long-term AI roadmap.
Palantir share price chart on TradingView shows gains of 8.54% as of 7.05 PM on August 5, 2025:
The share price rebound was a result of the company recently landing a $10 billion contract with the US Army. This deal further solidified Palantir’s dominance in defense AI and analytics.
The company’s US commercial revenue soared 93% to $306 million. At the same time, its US government revenue climbed 53% to $426 million, both figures exceeding analyst expectations. Total contract value closed during the quarter was a staggering $2.27 billion, up 140% year-over-year.
Palantir earnings report sees the company raising its full-year revenue forecast to between $4.14 and $4.15 billion. Hence, reinforcing confidence in continued hypergrowth. The company continues to scale both commercial and government contracts at an accelerated pace.
CEO Alex Karp attributed the results to the convergence of Artificial Intelligence, computing, and Palantir’s platform. He emphasized that the company is uniquely positioned to capitalize on generative AI opportunities across commercial and government sectors.
While Palantir’s results are impressive, questions remain about whether it can maintain this growth rate. With rising competition in AI and software, the pressure is on to deliver consistent innovation and profitability. However, this landmark signals a new phase of accelerated growth and enhanced investor confidence for Palantir stock.
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