Lake Street Loads Up 47,000 Palantir Shares

Core Insights - Lake Street Private Wealth has increased its stake in Palantir Technologies, acquiring an additional 47,089 shares, bringing its total to 54,798 shares valued at approximately $8.6 million as of August 21, 2025 [2][5] - Palantir's stock has surged 380% over the past year, significantly outperforming the S&P 500 by 365 percentage points [3] - The company reported a 31.0% compound annual growth rate (CAGR) in revenue over the past five years [3] Company Overview - Palantir Technologies has a market capitalization of $370.5 billion and reported a trailing twelve-month (TTM) revenue of $3.44 billion with a net income of $763.29 million [5] - The company specializes in data analytics and artificial intelligence platforms, serving both public and commercial sectors globally [6] - Key offerings include software platforms such as Gotham, Foundry, Apollo, and the Artificial Intelligence Platform (AIP) [8] Financial Performance - As of August 21, 2025, Palantir's stock is valued at a forward price/earnings ratio of 240 and a trailing EV/EBITDA ratio of 610.3 [4] - The operating profit margin has increased to 16.5% in the second quarter of 2025, indicating a turnaround in profitability [13] - Quarterly revenue exceeded $1 billion for the first time in Q2 2025, doubling in just 10 quarters [9] Customer Segments - The U.S. Government remains Palantir's largest customer, contributing nearly 43% of total revenue in Q2 2025 [11] - The U.S. Commercial segment is the fastest-growing area, with a year-on-year growth rate of 93% [11] - Enterprises across various industries are increasingly recognizing the operational benefits of deploying AI alongside Palantir's offerings [12] Market Outlook - Future growth is expected to be driven primarily by commercial enterprises, as demand for AI-based solutions continues to rise [12] - The company's profitability is expected to improve further as more customers adopt its systems, leading to lower overall unit costs [9][13]