PLTR - If You'd Invested $10000 in Palantir Technologies Stock 5 Years Ago Here's How Much You'd Have Today
2024-06-25 05:10:00 ET
Palantir Technologies (NYSE: PLTR) once was most associated with its work with governments, helping them better harness the power of their data. But in recent times, this software-as-a-service (SaaS) player has become a key partner of companies as well. That and Palantir's use of artificial intelligence (AI) to boost its capabilities have helped earnings take off in recent quarters.
Today, Palantir's U.S. commercial revenue is growing faster than its government revenue. And the company's AI boot camps, training sessions that offer potential customers an introduction to its services, are driving gains too. Recently, the company reported its highest quarterly profit in its entire 20-year history.
Considering all of this, if you'd invested $10,000 in Palantir five years, ago, how much would you have today? Let's find out.
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If You'd Invested $10,000 in Palantir Technologies Stock 5 Years Ago, Here's How Much You'd Have Today