Palantir Is Developing the ‘Core’ of the Golden Dome. Does That Make PLTR Stock a Buy Now?

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Further, with healthy growth and deal acceleration, PLTR stock has trended higher by over 60% in the last 52 weeks.With a focus on innovation for the government and commercial enterprises, it’s likely that Palantir will continue to create value. It was recently reported that Anduril Industries and Palantir Technologies are working on software for the “Golden Dome” missile‑defense initiative for the United States. The Golden Dome project initiative is worth $185 billion and is focused on a space-based missile shield for countering ballistic and cruise missile threats.Everyone Is Talking About Volatility. That’s Not The Story.Iran, Oil Prices and Other Key Things to Watch this WeekShould You Buy the Dip in Western Digital Stock as Google Launches TurboQuant?Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!Palantir is also working with GE Aerospace (GE) on a multi-year partnership that’s focused on the deployment of “advanced agentic AI-powered solutions” that allow GE to “maximize production” and keep aircraft “mission ready.” Therefore, with critical projects that are backed by continued innovation, Palantir is attractive.Headquartered in Aventura, just north of downtown Miami, Palantir is a provider of operational artificial intelligence platforms. These AI-driven platforms support decision-making in critical government and commercial enterprises in the United States and internationally. The company’s current software portfolio includes AIP, Gotham, Foundry, Ontology, and Apollo.For FY25, Palantir reported robust revenue growth of 56% on a year-on-year (YoY) basis to $4.5 billion. The company’s operations remain U.S.-focused, with 73.3% of FY25 revenue from commercial and government clients in the country. Besides healthy top-line growth, Palantir reported adjusted free cash flow of $2.3 billion, which provides high financial flexibility for continued investment in innovation.Amidst strong partnerships, healthy growth, and an increasing number of deals, PLTR stock has corrected by 19% in the last six months. This correction provides a good entry opportunity for long-term investors. Amidst the selloff, UBS opined last month that PLTR stock is attractive at 50x 2027 FCF estimates.www.barchart.comFor FY26, Palantir has provided robust growth guidance, with the top line expected at $7.2 billion. This would imply a YoY growth of 60%. 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