Fool.com contributor Parkev Tatevosian discusses the factors that are driving Palantir's (PLTR -0.56%) stock price higher.
*Stock prices used were the afternoon prices of Aug. 27, 2024. The video was published on Aug. 29, 2024.
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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
$312B
Today's Change
(-0.56%) -$0.74
Current Price
$131.30
Price as of June 3, 2025, 2:11 p.m. ET
Palantir is accelerating revenue growth while continuing a streak of profitability on the bottom line.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Palantir Technologies
PLTR
$131.30
(-0.56%)
$0.74
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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