Core Insights - Palantir reported quarterly revenue exceeding one billion dollars for the first time, with a year-over-year sales increase of 48%, surpassing Wall Street's consensus of 38% [1] - The company's share price has surged by 380% over the past year, prompting retail investors to advocate for a stock split to lower share prices and stimulate investment activity [2] - Analysts anticipate continued high growth for Palantir, particularly benefiting from government contracts, with US revenue increasing by 68% year-over-year in the second quarter [3] Government Relations - Palantir secured a 10-year contract with the Army valued at up to $10 billion, consolidating 75 existing contracts [4] - The company also won a $30 million contract with Immigration and Customs Enforcement (ICE) to develop a surveillance platform [4] - Recent partnerships with Boeing and Nvidia have bolstered Palantir's reputation in defense and technology sectors [4] Valuation Concerns - Some analysts, including RBC Capital Markets, have expressed concerns that Palantir's valuation may be unsustainable, maintaining a pessimistic price target of $45 while shares closed at $200.47 [4] - The company's forward price-to-earnings ratio stands at 217.39, significantly higher than the S&P 500's ratio of 23.45 [4] - Retail investors view a stock split as a relevant topic, as it could lower individual share prices and potentially increase trading activity [4]