Palantir Technologies (PLTR) will release its second-quarter earnings on Monday, Aug. 4. Ahead of its earnings, the ...

The data mining and artificial intelligence (AI) specialist is firing on all cylinders, but the answer is still complicated.

Shares of Palantir Technologies are trading flat Monday morning. Investors are digesting a week that saw the stock hit a new all-time high.

In total, Palantir stock has returned 695% since January 2024 and 2,000% since January 2023. However, Palantir is also the most expensive stock in the S&P 500, as measured by price-to-sales ratio.

One of the year's most notable winners is Palantir Technologies (NASDAQ: PLTR), which has climbed 77% as of this writing, making it the top-performing stock in the Nasdaq-100 and S&P 500.

As of June 6, 2025, Palantir stock closed at $127.72 — marking a 69% increase year-to-date and an eye-catching 420% rise over the past 12 months.