Palantir (NASDAQ: PLTR) stocks posted another month of strong growth in December trading. According to S&P World Market Intelligence, the company closed the interval with a fragment trail up 12.7%.
Palantir turned into one of the biggest stocks of 2024, ending the period with another month of double-digit gains. The company’s shard trail has grown amid recent contracts and reviews of a seemingly disruptive modern partnership aimed at making waves in the defense industry.
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Palantir continues to strengthen its defenses
Palantir steadily racked up wins in the defense industry in an ideal month. On December 6, Palantir announced that it had partnered with Booz Allen Hamilton take on the innovation of US defense capabilities. A few days later, the company announced that it had secured an extension to its contract with US Particular Operations Expose to showcase alternative capabilities and strengthen products and services. The one-year contract is valued at $36.8 million.
On December 18, information came to the public that Palantir won an extended contract with the US military. The partnership will see the company introduce products and services within the military data platform and is likely to be worth approximately $400.7 million over a four-year period. The stipulations in the deal could possibly push the contract’s total track to about $618.9 million in the interval. Palantir has had some rocky wins in the public sector, and the momentum on this entry looks set to continue.
On December 22, The Monetary Times published a document highlighting that Palantir and Anduril are working to rank as a next-generation defense consortium. Anduril is an innovation-focused defense technology company founded by Palmer Luckey, founder of virtual reality company Oculus, sold Meta platforms in 2014. Love Palantir, Anduril has already won US defense contracts.
What’s next for Palantir stock?
Palantir was undeniably successful. Following its 2024 earnings, the company climbed 3.5% in early 2025 trading.
As nice considering the modern partnerships and complete hype surrounding the bogus intelligence house, Palantir has served up a very encouraging industry performance. In the third quarter, the company’s profit increased by 30% compared to a year earlier, reaching $726 million.
In the interim, the company’s earnings more than doubled to $149.3 million, and its adjusted free cash flow more than tripled to $434.5 million. With an earnings margin of 20% in the chart and a turnover margin of 60% in the third quarter, Palantir is undoubtedly posting profitability ranges. At the same time, the industry is growing immediately and has a lot of room for growth over longer time intervals.
Conversely, there could be a flurry of pretty strong growth already factored into Palantir’s valuation. The company is currently valued at about 168 times this year’s expected earnings and about 52 times expected sales. So, while Palantir is proving to be an undisputed industry and has a big future to save, investors should also consider that the company’s valuation, which is extremely dependent on growth, opens the door to volatility.
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