PLTR

AI Research

$1B government AI contract + GE/NVIDIA partnerships → -14% YTD but +16% past month

Palantir secured a $1 billion government contract accelerating its leadership in defense-linked AI, and shares rose on new AI partnerships with GE, NVIDIA, Centrus, and Ondas. The stock has climbed 16.3% over the past month, aided by rising geopolitical tensions tied to the U.S.-Iran conflict, though it remains down 14% year-to-date. The company projects $7.182–$7.198 billion in full-year 2026 revenue (61% growth), with U.S. commercial revenue exceeding $3.144 billion (+115%), but the stock trades at 148x forward earnings, presenting a significant valuation risk.