Palantir stock is only getting more expensive. But Wall Street sees more upside Now, Palantir stock isn’t without its fair share of risks, especially if you’re unable to value the name.

For all the talk about the lofty valuation of Palantir stock, backers of the artificial-intelligence heavyweight aren’t backing down. In fact, they got reinforcements on Friday.

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC.

Palantir has been executing incredibly well, but it's overvalued and could be vulnerable to a correction.

Palantir aims to be top AI partner for Fortune 500 CEOs, with 100% stock gain in 2025. Its AIP Boot Camps attract big names and shift to private sector.

Once again, Palantir Technologies (PLTR 3.55%) is easily outpacing the S&P 500 this year. As of mid-2025, the stock has more than doubled, making it the best-performing stock in the index.

Comments from Palantir co-founder and CEO Alexander Karp in the company's first-quarter earnings call suggest he believes the company is still in its early innings.

Palantir Technologies' advanced data mapping and AI solutions give it a strong moat and impressive profitability. Click here to read why PLTR stock is a Hold.