Shares of Palantir Technologies Inc. PLTR hit an all-time high of $63.39 on Nov. 13 before closing a tad lower at $60.7. It has risen a whopping 180.3% in the past six months. This rally significantly outperforms the broader industry’s 34.

Palantir’s Q3 shows strong AI-driven growth and profitability, but its high valuation raises concerns. Explore insights on performance and future potential.

Palantir ( PLTR 1.42%) has investors interested in the company following phenomenal results in 2024. *Stock prices used were the afternoon prices of Nov. 11, 2024. The video was published on Nov. 13,

Shares of AI darling Palantir (NASDAQ:PLTR) went parabolic following the release of some exceptional quarterly earnings results. Now up more than 260% year to date, questions linger as to whether the AI-first big data analytics has what it takes to keep delivering profoundly strong quarters to support its remarkable rally.

In the days leading up to the Q3 print and since reporting blockbuster Q3 FY24 results on November 4, Palantir Technologies ($PLTR) stock has been