Can Palantir Stock Hit $200 in 2025 or Is the Best Already Priced In?

Core Insights - Palantir's stock has surged over 2,000% since 2022, driven by strong demand for its AI product suite, particularly the Artificial Intelligence Platform (AIP) [1] - The company's valuation has increased significantly, with a price-sales ratio of 134.42x and a forward price-earnings multiple exceeding 738x, yet it continues to achieve hypergrowth [2] - Palantir's recent quarterly earnings show revenue surpassing $1 billion for the first time, with a year-over-year growth rate of 48%, indicating rising demand for its solutions [3] Revenue Growth - U.S. commercial operations revenue grew 93% year-over-year and 20% sequentially, increasing its share of total revenue from 23% to 31% [6] - Total contract value (TCV) bookings in U.S. commercial operations reached $843 million, a 222% year-over-year increase, with trailing twelve-month bookings at $2.8 billion, reflecting 141% growth [6] - The customer base expanded to 485 U.S. commercial customers, marking a 64% increase from the previous year [6] Future Outlook - There are high expectations for Palantir to maintain its hypergrowth trajectory, with a potential price target of $200 by 2025 [4]