Palantir Stock Has Surged This Year. Retail Investors Are a Big Reason Why, Analysts Say
Key Takeaways
Shares of Palantir Technologies (
PLTR
) again hit a record closing price Thursday and are up more than 50% so far in 2025, growth that analysts attribute in part to the stock’s popularity with retail investors.
The
artificial intelligence
analytics software company has seen "record retail demand," including $339.72 million in the weeklong period ending Tuesday, Vanda Research said Wednesday.
Palantir stock has
soared to new highs
this month after the company projected
greater-than-expected revenue
for 2025 and announced the integration of
Grok
, the chatbot from Elon Musk’s xAI, into its AI platform.
Palantir Behind Only Nvidia, Tesla in Retail Hunger
Notably, Palantir trails only semiconductor giant Nvidia (
NVDA
) and Musk’s electric vehicle company, Tesla (
TSLA
), in terms of demand from
retail investors
. Nvidia and Tesla recorded net retail investor purchases of $579.14 million and $562.20 million, respectively, from February 5 to 11, according to Vanda.
Palantir shares rose marginally Thursday to a new record close of $117.91, and have skyrocketed 390% over the past 12 months.