Palantir Reports 65% Revenue Growth in Q2 2025, Stock Surges 385%
Palantir Technologies has reported impressive growth in the second quarter of 2025. The software company saw a 65% year-over-year increase in its revenue pipeline and a 43% rise in customer count. This news comes amidst a significant surge in PLTR stock price, which has climbed by 385% in the past year.
The company's success can be largely attributed to its Artificial Intelligence Platform (AIP). This innovative product has not only expanded Palantir's customer base but also driven significant growth. The AIP has been so successful that it has led to earnings growth outpacing revenue growth.
Palantir's strong performance has caught the attention of analysts. While the median 12-month price target stands at $165, indicating an 8% drop from current PLTR stock levels, the street-high target is $215, signaling a 20% increase. However, it's important to note that no investment banks or analysts have publicly released a price target above $173.41 in the past week.
Despite its high valuation, with a sales multiple of 130 and a price-to-earnings ratio of 592, Palantir's growth is undeniable. As the AI software platforms market is projected to grow at an annual pace of 41% and reach $153 billion in 2028, Palantir's future looks promising. The company's ability to leverage its AIP to drive customer growth and outpace revenue with earnings suggests a robust business model.
