Palantir Technologies stock (US69608A1088): shares extend AI-driven rebound after late-May Nasdaq move

Palantir Technologies continues to trade actively on Nasdaq in the United States after a late-May rebound, with investors focusing on the company’s strong AI-related growth metrics and recent share price moves ahead of the next earnings update.

Palantir Technologies shares remain in focus for US investors on the Nasdaq after a notable price move in late May, when the stock gained about 3.6% on 05/28/2026, outpacing the broader Software & IT Services sector on the day, according to TradingKey as of 05/28/2026.

The stock last closed at USD 132.51 on Nasdaq on 05/27/2026, with volume of 396,968 shares, which Charles Schwab data described as below its average trading volume as of 05/27/2026.

These recent moves keep Palantir squarely within the active AI-software segment of the US market, where investors are closely watching US-listed growth names that combine data analytics with artificial intelligence platforms to secure both government and commercial contracts.

From a US home-country perspective, Palantir’s listing on Nasdaq under the ticker PLTR and trading in USD positions the stock alongside other high-growth technology names that are sensitive to shifts in sentiment around AI adoption, cloud spending, and US federal technology budgets.

For German-speaking investors accessing US equities via local venues, Palantir is also available on off-exchange platforms such as Tradegate, where the stock typically trades in euros and reflects the underlying Nasdaq pricing adjusted for EUR/USD, offering a secondary access point but not replacing the primary US listing.

In fundamental terms, Palantir has underpinned its current valuation debate with strong reported growth in its latest fiscal numbers, supported by the ramp-up of its AI-focused products for both commercial and government customers.

The company’s most recently reported quarter, Q4 2025, showed revenue of USD 1.406 billion, representing 70% year-on-year growth compared with the prior-year quarter, according to coverage cited by 24/7 Wall St as of 05/28/2026, which drew on company disclosures.

Within that total, US commercial revenue stood out by growing 137% year-on-year in Q4 2025, highlighting the momentum Palantir is seeing in domestic private-sector demand for its software platforms.

The same report noted that management highlighted a Rule of 40 score of 127% for Q4 2025, a metric that combines growth and margin performance and is often used by US investors to benchmark software companies’ balance between expansion and profitability.

While these figures are historical and investors will look for confirmation in subsequent quarters, the scale of year-on-year growth in late 2025 serves as a key backdrop for how the stock is currently being traded on US exchanges.

Given the strong growth profile and the highly visible position of Palantir in the US AI and data-analytics ecosystem, price action around individual days such as 05/28/2026 often reflects shifting expectations for future contract wins, profitability, and competitive pressure in both government and commercial markets.

As of: 05/29/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Palantir Technologies
• Sector/industry: Software & IT services with a focus on data analytics and AI platforms
• Headquarters/country: Denver, United States
• Core markets: United States, Europe, and other government and enterprise customers globally
• Key revenue drivers: Long-term government analytics contracts and expanding US commercial AI and data-platform deployments
• Home exchange/listing venue: Nasdaq (PLTR)
• Trading currency: USD

Palantir Technologies: core business model

Palantir Technologies builds software platforms that help government agencies and commercial clients integrate and analyze large datasets, with revenue predominantly generated from multi-year subscriptions and usage-based contracts tied to its data and AI applications.

Valuation metrics and multiples for Palantir Technologies

With the stock trading at USD 132.51 at the close on Nasdaq on 05/27/2026, according to Charles Schwab as of 05/27/2026, Palantir’s valuation remains closely tied to expectations that its rapid revenue expansion can be sustained over multiple years, particularly in US commercial AI deployments.

While detailed real-time valuation multiples such as forward price/earnings or EV/EBITDA are typically derived from consensus forecasts and updated financial statements, the combination of 70% year-on-year revenue growth in Q4 2025 and a Rule of 40 score of 127% cited by 24/7 Wall St as of 05/28/2026 signals that the market is still treating Palantir as a high-growth software name rather than a mature, slower-growing technology stock.

Conclusion

Palantir Technologies continues to see active trading on its US home exchange after a late-May uptick that followed earlier strength linked to its rapid revenue expansion and growing US commercial AI business.

The valuation discussion now centers on whether the strong Q4 2025 growth profile, including a 70% year-on-year revenue increase and a high Rule of 40 score, can be maintained in upcoming quarters as new contracts are signed and existing deployments are scaled.

Against this backdrop, investors watching the Nasdaq-listed shares will weigh further data points from future earnings releases and contract announcements to refine their view on how Palantir’s growth and profitability trajectory should be reflected in its trading multiples.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.