Palantir Stock Finds Its Footing—and a Path to Global Growth

Core Insights - Palantir Technologies Inc. (NASDAQ: PLTR) has experienced a decline of approximately 14% over the last month, indicating that even strong technology stocks can be affected by market sentiment and profit-taking [2] - Despite the stock's downturn, there are no indications that negative predictions for PLTR will come to fruition, as the company has recently announced two significant deals that enhance its positive outlook [2] Global Expansion - A significant portion of Palantir's revenue is derived from the United States, but recent developments suggest a shift towards increased international revenue [3] - On November 20, Palantir achieved the IRAP PROTECTED level under the Australian Information Security Registered Assessors Program, enabling partnerships with Australian government agencies and commercial organizations while adhering to national security and privacy standards [4] - On November 19, Palantir expanded its strategic alliance with PricewaterhouseCoopers UK (PwC UK), supported by a multi-year, multi-million-pound investment from PwC [4][5] Strategic Partnerships - The partnership with PwC UK aims to align strategies and resources to deliver advanced AI and data solutions for complex challenges across various sectors, including financial services, healthcare, energy, manufacturing, and government [5] - The collaboration has already yielded value for customers, particularly in projects like the NHS Federated Data Platform, which enhances data usage for patient care and system efficiency [6] Market Potential - The recent IRAP certification in Australia and the strengthened partnership with PwC UK underscore Palantir's potential for global growth [7] - Analysts project that Palantir could achieve a market cap of $1 trillion, driven by its leadership in AI-powered data solutions [7] - PLTR stock has stabilized near critical levels, trading below its consensus price target and is positioned for a potential year-end rally [7]