Palantir’s Rally Runs Into the Valuation Question: Inside the Numbers, the Narrative, and the Risk of Re‑rating
Palantir Technologies closed at $186.96 on Friday, August 8, 2025, notching a fresh 52-week high and capping a month-long surge that has more than doubled the stock since early July, according to Yahoo Finance. The immediate catalyst: a milestone quarter. SEC filings show revenue crossed the $1.0 billion threshold for the first time in Q2 of Palantir’s fiscal 2025 (period ended June 30, 2025), with operating leverage and a sizable boost from interest income pushing net income higher. Yet the rally rekindles a familiar question for institutions: how much is already priced in? A syndicated analysis on Nasdaq’s platform (from The Motley Fool) argues Palantir has become “the most expensive stock on the market” by certain measures and is vulnerable to valuation compression. The stakes are clear: if growth and profitability inflect as bulls expect, today’s multiples may be survivable—if not, downside from a re-rating could swamp operational gains. This article interrogates the numbers, reconciles conflicting claims, and frames the strategic scenarios that matter over the next year.