After “beating earnings” for the past four quarters in a row, Palantir Technologies (Nasdaq: PLTR) stock will attempt to do it again on Monday. The formerly private defense technologies giant, which has already rocketed 5x in value over the last 12 months,

Palantir also continues to introduce new products, including a visual navigation AI that can guide autonomous drones in areas without GPS. As a business, Palantir looks solid. It has an impressive set of competitive advantages, given its focus on defense tech and experience in data mining and analytics.

Palantir (PLTR) stock is red hot to end the week, touching a new all-time intraday high of $85.22 on Jan. 31. This comes as investors anticipate its fourth-quarter earnings release on Monday, Feb. 3.

Palantir consistently positions itself as a leader in enterprise-level artificial intelligence. It has also secured strong federal contracts while also benefiting from robust defense spending. One has to assume that the current administration should be net favorable for PLTR stock, making it a worthwhile opportunity.

After a tremendous 2024, when it rose 340%, Palantir (NASDAQ: PLTR) hasn't had nearly as great a 2025. To start the year, the stock dipped more than 10%. Given how hot an artificial intelligence (AI) stock Palantir is,

It has been quite the roller-coaster ride for Palantir (NASDAQ: PLTR) shareholders in the past few years. Palantir is a software and services provider of AI tools to the government, military, and big business.