The Palantir Technologies stock is currently experiencing strong demand, reflected in a significant increase in its price. On April 23, 2025, the stock price was about €89.70, which corresponds to a daily increase of approximately 8.9%. This positive development continues an upward trend: already in early April, the stock had crossed the important 20-day moving average with a rise to nearly €79.61 and has been in a long-term upward trend since May 2023, with a value increase of over 900%.
Strong Fundamentals Support the Trend
The price increase is backed by solid company figures: for the current year, an earnings per share of about $0.13 is expected, representing an increase of over 60% compared to the previous year. Additionally, Palantir is forecasting revenues of around $864 million. These fundamentals contribute to a positive sentiment among investors.
Long-Term Perspective
Looking at the long term, an investment in Palantir has proven to be extremely lucrative. Within a year, the stock price rose from about $20.47 to nearly $94 – a gain of more than 350%. This demonstrates the strong growth potential and the increasing significance of the company in the field of data analysis software.
In summary, strong demand for Palantir shares significantly drives the price upward and gives investors legitimate hope for further value increases due to positive business developments and a continuing upward trend.