Could 2026 Be the Year Palantir Stock Hits a $1 Trillion Valuation?

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Artificial Intelligence Platform (AIP), which has gained significant popularity since its launch. Wedbush analysts also see Palantir hitting a $1 trillion valuation over the next two to three years.Will Tesla Stock Lose Its ‘Elon Musk Premium’ After the SpaceX IPO? And You Should Sell TSLA Here?‘Top Pick’ Amazon Had a Dismal Year: What’s AMZN Stock’s Forecast for 2026?Oracle May Not Be Able to Build Its Michigan Data Center After All. Should You Sell ORCL Stock Now?Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!Given this bullish outlook, we take a deeper look at Palantir.Based in Denver, Colorado, Palantir focuses on big data analytics platforms serving both government agencies and businesses. It unifies disparate data streams to enable real-time decisions in areas such as national security and corporate processes. Key offerings encompass Gotham for public-sector analysis, Foundry for business data management, and Apollo for deployment.A significant advancement, the AIP, links large language models to secure operational datasets. AIP drives AI applications in demanding fields such as healthcare and industry by integrating generative AI with practical execution. The company has a market capitalization of $460.91 billion.The stock has been trading higher as the company’s commercial operations continue to expand. Moreover, Palantir has been in the spotlight amid strong demand for AI. Over the past 52 weeks, the stock has gained 140.82%, and over the past six months, 41.28%. It had reached a 52-week high of $207.52 on Nov. 3, but is down 7% from that level.www.barchart.comPalantir’s stock has been trading at a stretched valuation. Its price-to-earnings ratio sits at 447.92x, considerably higher than the industry average of 31.09x.Palantir reported a successful third quarter, closing 204 deals of at least $1 billion, 53 of which were valued at least $10 billion. The company’s financials were also better than Wall Street expected. Its total revenues increased 63% year-over-year (YOY) to $1.18 billion, exceeding the $1.09 billion Wall Street analysts expected. Excluding strategic commercial contracts, Palantir’s revenue rose 65% YOY.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,982.50 +21.50 (+0.31%)Dow Futures49,029.00 +267.00 (+0.55%)Nasdaq Futures25,880.50 +68.25 (+0.26%)Russell 2000 Futures2,566.10 +7.00 (+0.27%)VIX13.47 -0.53 (-3.79%)Gold4,502.80 -2.90 (-0.06%)Trending tickersBTC-USD Bitcoin USD 87,592.84 +8.27 (+0.01%)NKE NIKE, Inc. 60.00 +2.66 (+4.64%)ETH-USD Ethereum USD 2,942.18 -24.06 (-0.81%)AMCI AMC Robotics Corporation 9.35 +3.03 (+47.94%)GROQ.PVT Groq 29.78 0.00 (0.00%)PortfolioSign in to access your portfolioSign inTop gainersEWTX Edgewise Therapeutics, Inc. 27.29 +5.55 (+25.50%)PSNYW Polestar Automotive Holding UK PLC 7.40 +1.00 (+15.63%)TVTX Travere Therapeutics, Inc. 40.28 +4.92 (+13.91%)PSNY Polestar Automotive Holding UK PLC 17.18 +2.05 (+13.55%)PATH UiPath Inc. 17.16 +1.20 (+7.52%)Top losersASTS AST SpaceMobile, Inc. 78.05 -7.62 (-8.89%)HYMC Hycroft Mining Holding Corporation 24.96 -2.18 (-8.03%)QBTS D-Wave Quantum Inc. 27.52 -1.60 (-5.49%)BETA BETA Technologies, Inc. 30.12 -1.50 (-4.74%)PPTA Perpetua Resources Corp. 26.58 -1.12 (-4.04%)Most activeNVDA NVIDIA Corporation 188.61 -0.60 (-0.32%)PLUG Plug Power Inc. 2.1000 +0.0500 (+2.44%)TSLA Tesla, Inc. 485.40 -0.16 (-0.03%)INTC Intel Corporation 36.16 -0.19 (-0.52%)NKE NIKE, Inc. 60.00 +2.66 (+4.64%)Top economic eventsEarnings eventsMy earnings eventsEarnings events