Palantir Technologies Inc. (NASDAQ:PLTR) Maintains Neutral Rating Amidst Growth Surge

• Goldman Sachs maintains a Neutral rating for Palantir Technologies Inc. (NASDAQ:PLTR) as the company experiences a significant increase in U.S. commercial revenue by 71%.
• Palantir's Artificial Intelligence Platform (AIP) drives growth, surpassing a $1 billion annual run rate for the first time.
• The stock price of Palantir reflects a slight increase, with a market capitalization of approximately $311.6 billion.

Palantir Technologies Inc. (NASDAQ:PLTR) is a prominent player in the software industry, specializing in big data analytics. The company is known for its cutting-edge Artificial Intelligence Platform (AIP), which is gaining traction among enterprises. Palantir's competitors include companies like IBM and Oracle, which also offer data analytics solutions.

On June 2, 2025, Goldman Sachs maintained its Neutral rating for Palantir, advising investors to hold the stock. At that time, the stock price was $132.04. This recommendation comes amid a significant surge in the adoption of Palantir's AIP, which has driven a 71% increase in U.S. commercial revenue year over year.

Palantir's AIP is proving to be a powerful growth engine, with the company surpassing a $1 billion annual run rate for the first time. The total contract value in the U.S. commercial segment has increased by 239% year over year. This growth is supported by the company's AIP bootcamps and AI agents, which help clients deploy AI workflows efficiently.

The stock price of $132.04 reflects a slight increase of 0.26, or 0.1973%. Today, the stock has fluctuated between $128.86 and $134.47, with the latter being its highest price over the past year. The lowest price for the year was $21.01, indicating significant growth. Palantir's market capitalization is approximately $311.6 billion, with a trading volume of 92.1 million shares.