Palantir Technologies Inc. (PLTR) has reached new all-time highs in its stock price, surpassing $140 per share in premarket trading on June 16, 2025. The stock has shown strong performance year-to-date, increasing by approximately 87%, and is viewed by some market analysts as potentially reaching $200 per share. Over the past three months, Palantir's stock has risen by more than 60%.
The company continues to be among the top performers in the market, with a reported 500% gain over the last twelve months. Palantir is ranked as the 28th largest stock globally and has been part of a broader trend of major technology and financial firms hitting record highs. Other notable companies reaching new all-time highs alongside Palantir include Nvidia (NVDA), Microsoft (MSFT), Broadcom (AVGO), JPMorgan Chase (JPM), Netflix (NFLX), Goldman Sachs (GS), CrowdStrike (CRWD), and Spotify (SPOT). This surge in stock prices is partly attributed to positive developments such as Palantir's recent nuclear partnership announcement. The momentum in these stocks contributes significantly to market indices, with key tech names like Amazon (AMZN), Microsoft, and Meta Platforms (META) driving gains in the S&P 500 index.