Palantir jumps to all-time high, becomes 20th most valuable U.S. firm
Alex Karp, CEO of Palantir Technologies, speaks at a panel called Power, Power and New American Century at the Hill and Valley forum in the US Capitol at Washington DC on April 30, 2025.
Kevin Dietsch | Getty Images
Palantir Meteoric hit another large milestone on the rise of stock. It is currently one of the 20 most valuable US companies.
Software and data analysis technology provider for defense agencies saw that stocks increased by about 3% on Friday and increased the company’s market value to $ 375 billion, which emphasizes it. Home warehouse And Procter & Gamble. The company’s market value was already higher. Bank of America And Coca.
Palantir, investors have gained more than twice this year as they bets on the company’s artificial intelligence business and closer ties with the US government. In 2003, since the establishment of Peter Thiel, CEO Alex Karp et al.
Palantir’s income in the US government business increased by 45% to $ 373 million in the last quarter, while total sales increased by 39% to $ 884 million. The company later reported the results on August 4th.
Earlier this year Salesforce– IBM And Cisco With Market CAP, the top 10 US technology companies.
Buying the stock at these levels requires investors to pay heavy floors. According to Factset, Palantir is currently 273 times further. The only company in the top 20 with a three -digit ratio Tesla In 175.
Palantir, which has been 3.1 billion dollars in a total of $ 3.1 billion during the last year, is a fraction of the next smallest company with its market value. MasterCardIt is the closest to sales of approximately 29 billion dollars in the last four quarters, worth 518 billion dollars.
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