Palantir Stock Forecast Today 2024 Elections. Palantir’s stock had a strong comeback today, helping the company to avoid a second consecutive week of losses. A big reason for that surge is the growing demand for the company's artificial intelligence platform,.

The stock trades at about 48x forward revenue and at more than 150x consensus fy’25 earnings. Palantir technologies (pltr) has seen its stock price soar almost 250% since the start of the year on the back of unprecedented artificial intelligence demand.