1 Reason Wall Street Is Obsessed With Palantir Stock

Group 1 - Palantir Technologies has experienced significant stock growth, increasing approximately 400% over the past year, outperforming the S&P 500, which rose about 14% [1][2] - The recent surge in Palantir's stock is largely attributed to the success of its commercial business, particularly in the context of the artificial intelligence (AI) hype [2][5] - Historically, Palantir's primary platform, Gotham, has focused on government contracts, which may limit future growth due to potential budget constraints and political factors [4][5] Group 2 - The introduction of Palantir's AI Platform (AIP) has enabled the company to successfully target commercial businesses, leading to a 93% year-over-year revenue increase in its U.S. commercial segment, reaching $306 million in Q2 [5][6] - The commercial business now represents approximately 30.5% of Palantir's total revenue, indicating a widening total addressable market [5][6] - Despite the stock becoming expensive due to Wall Street's interest, the long-term growth potential for Palantir appears more promising [5]