--- title: "Should You Buy Palantir Stock Right Now?" description: "Palantir's stock has surged 940% since early 2024, driven by AI market interest and growth in its commercial business, which saw a 93% revenue increase in Q2. However, despite this growth, analysts ad" type: "news" locale: "en" url: "https://longbridge.com/en/news/258492314.md" published_at: "2025-09-23T09:41:03.000Z" --- # Should You Buy Palantir Stock Right Now? > Palantir's stock has surged 940% since early 2024, driven by AI market interest and growth in its commercial business, which saw a 93% revenue increase in Q2. However, despite this growth, analysts advise against buying the stock now due to its high valuation of 275 times projected earnings. Investors are cautioned that expectations may be too high, and any shortfall could lead to a significant stock price drop. Current shareholders are recommended to hold their shares rather than invest further. **Palantir**'s (PLTR -1.65%) stock has been on quite a run over the past couple of years, up 940% since the start of 2024. Much of it can be attributed to the overall artificial intelligence (AI) interest surrounding the market, while the other factor is the growth in Palantir's commercial business. While Palantir started as a data software and analytics company aimed at catering to government agencies, its new Artificial Intelligence Platform (AIP) has shown promising growth in the private sector. In the second quarter, its U.S. commercial business was its fastest-growing segment, increasing revenue 93% year over year to $306 million. Considering the impressive growth that Palantir has shown, is its stock a buy right now? Image source: Getty Images. The short answer to whether or not you should buy Palantir's stock right now is no, but it doesn't have to do with its business performance. The reason is its extremely high valuation. Palantir is currently trading at 275 times its projected earnings over the next 12 months. With such a high valuation, it's obvious that investors have extra lofty expectations for Palantir. In fact, many would argue that they are *too* lofty. To grow into this valuation, Palantir would need to sustain earnings growth over many years that seems very far-fetched. Anything short of Palantir meeting its lofty expectations would likely lead to a sharp pullback in its stock price. If you currently hold Palantir's shares, I would hold on to them. But now doesn't seem like an ideal time to make your first investment or add to your stake. ### Related Stocks - [PLTR.US - Palantir Tech](https://longbridge.com/en/quote/PLTR.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Palantir shares pop as strong growth continues. Is it too late to buy the stock? | Palantir continues its remarkable growth run. | [Link](https://longbridge.com/en/news/275525449.md) | | Michael 'Big Short' Burry's latest prediction: A bearish call on Palantir stock | Michael Burry, known for his role in 'The Big Short,' has issued a bearish prediction on Palantir stock, stating it is o | [Link](https://longbridge.com/en/news/275818521.md) | | Why Palantir Could Defy A Historic Software Selloff | Palantir Technologies Inc. (NASDAQ:PLTR) is defying the severe selloff in software stocks, showcasing 137% year-over-yea | [Link](https://longbridge.com/en/news/275335614.md) | | Palantir Stock Ignites AI Frenzy | Palantir Technologies has surged to prominence in the AI sector, with shares priced at $131.34 and a market cap of $313 | [Link](https://longbridge.com/en/news/275985906.md) | | $1000 Invested In Palantir Technologies 5 Years Ago Would Be Worth This Much Today | Palantir Technologies (NASDAQ:PLTR) has delivered an average annual return of 27.78% over the past 5 years, outperformin | [Link](https://longbridge.com/en/news/275049014.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.