Fool.com contributor Parkev Tatevosian discusses the factors that are driving Palantir's (PLTR 1.63%) stock price higher.
*Stock prices used were the afternoon prices of Aug. 27, 2024. The video was published on Aug. 29, 2024.
What's Driving Palantir Stock's Performance in 2024?
By Parkev Tatevosian, CFA – Aug 30, 2024 at 4:00AM
NASDAQ: PLTR
Palantir Technologies
Market Cap
$415B
Today's Change
(-1.63%) $2.84
Current Price
$171.17
Price as of November 17, 2025 at 3:58 PM ET
Palantir is accelerating revenue growth while continuing a streak of profitability on the bottom line.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.