Nov. 09, 2025 3:53 AM ETPalantir Technologies Inc. (PLTR) Stock, PLTR:CAPLTR, PLTR:CANova Capital160 FollowersCommentsSummaryPalantir's Q3 results showcased a ninth consecutive double-beat, with U.S. commercial revenue surging 121% and a record $2.8 billion in contract bookings.The company's "Rule of 40" metric hit an impressive 114%, alongside a record 51% adjusted EBIT margin, demonstrating exceptional operating leverage and growth.The company's total addressable market and commercial opportunity seem underestimated, supporting the thesis that PLTR could reach a $1 trillion market cap by 2031.I believe their commercial segment, driven by the AIP offering and "ontology" layer, is poised to become 60% of revenue by 2030, fueling massive top-line expansion.Despite its high valuation, Palantir is projected to reach a $1 trillion market cap within 5-6 years. The near-term upside is about 6-7%. I rate PLTR as a "buy" after its Q3 earnings print.hapabapa/iStock Editorial via Getty ImagesInvestment Rating - "Buy"Palantir Technologies (PLTR) has become one of the most widely discussed and controversial tech plays in recent years on the stock market. Since its IPO in September 2020, PLTR has made aThis article was written byNova Capital160 FollowersA seasoned consulting specialist at a leading Central Asian bank. The author behind Novo Capital brings half a decade of experience delivering strategic insight and analysis for the bank's clientele within the private banking branch. Launching the career back in 2020 after graduating from a top CA university, the author developed a resilient methodology forged amidst global market volatility, focusing on corporate valuation, due diligence for investment opportunities, and crafting spot-on forecasts that guide long-term investment strategy. The goal of contributing to Seeking Alpha seems to be quite simple: ideas are worth discussing, and one can gain "alpha" only through gaining out-of-consensus information from opinions few professionals have nowadays. That's exactly the reason Novo Capital was created.Analyst’s Disclosure:I/we have a beneficial long position in the shares of PLTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments