Palantir Stock Surges Amid AI Revolution, Reaches New Heights

NEW YORK, NY — Palantir Technologies Inc. has emerged as a leader in the AI-driven tech sector, with its stock skyrocketing 340% in 2024 and gaining another 64% in 2025. This surge came after the stock surpassed analyst price targets, peaking at over $122 on May 2, overshadowing the S&P 500’s 24% return in 2024 and decline of 3% in 2025.

Investor and advocate for Palantir, Guilfoyle, initially bought shares at $16 in 2023. He emphasized the company’s strong fundamentals, including a debt-free balance sheet, and highlighted its projected $1.25 billion in adjusted free cash flow for 2024. Guilfoyle emphasized the unprecedented demand for Palantir’s Artificial Intelligence Platform (AIP), which CEO Alex Karp noted has not been seen in 20 years.

Palantir’s fourth-quarter results reflect this momentum, with U.S. business growing by 52% year-over-year. The company closed 32 deals worth $10 million or more and achieved a revenue growth of 36%. This contributes to a full-year revenue increase of 29%, alongside profitability, with its adjusted earnings per share recorded at 7 cents and full-year EPS at $0.41.

The broader AI boom, sparked by OpenAI’s ChatGPT reaching one million users after its December 2022 launch, has significantly increased demand across various sectors, including banking, drug development, and military operations. Palantir’s expertise in data management, exemplified by its Gotham platform, has positioned the company to leverage these AI applications effectively.

However, 2025 has not been without challenges. Concerns over tariffs and fears of a spending slowdown led to a stock dip, bringing shares down to $66.12 on April 7. This downturn was reversed after President Trump announced a temporary pause on reciprocal tariffs on April 9, resulting in a market rally.

Throughout this volatility, Guilfoyle adapted his strategy, selling shares at $113 in February before repurchasing a larger amount between $102 and $68. His confidence remains strong, setting a new price target of $153, which is 23% higher than Friday’s close of $124.28. Guilfoyle plans to sell some shares to secure profits, reflecting his strategy to leverage market volatility for long-term growth.

Palantir’s ability to win large contracts and innovative AI solutions validates Guilfoyle’s investment thesis and his confidence in the company for 2024 and 2025. Despite market anxieties surrounding tariff risks and potential slowdowns by tech giants like Microsoft and Amazon, Guilfoyle’s cautious optimism remains; he views any future dips as opportunities to buy more of a stock he plans to hold for his family.