Palantir Technologies: New All-Time High and Collaboration with the US Government
Palantir Technologies, a leading company in data analytics, has recently reached a new all-time high. This increase is attributed to an increasing collaboration with the US government, particularly regarding the use of the data platform Foundry for the integration of government systems.
Background and Significance
- Palantir and Foundry: Palantir was founded by Peter Thiel and Alex Karp and specializes in linking and analyzing large volumes of data, originally for the security sector. The Foundry platform is now being used as a central element for networking government systems in the USA.
- Collaboration with US Agencies: Four federal agencies, including the Department of Homeland Security (DHS) and the Department of Health, are already using Foundry. Discussions with the Social Security Administration (SSA) and the Internal Revenue Service (IRS) are also ongoing.
- Goal of Data Integration: The aim is to create a central database containing information such as bank data, student loans, health information, and immigration status. This could represent the largest access to personal data in the history of the USA.
Stock Performance
- New All-Time High: Palantir’s stock reached a new all-time high of $134.47 on June 2, 2025, attributable to the increasing collaboration with the US government and expectations for Foundry.
- Stock Performance in May 2025: In May 2025, Palantir’s stock saw a significant increase, rising by 33.64% within a month. Since the beginning of the year, the stock has gained 41.77%.
- Technical Analysis: Palantir’s stock shows high momentum and has recently reached a new all-time high. Technical analyses suggest a long-term price target in the range of $185, with supports around $125 and $105.
Interest in the Technology Sector
The increasing collaboration between Palantir and the US government has significantly heightened interest in the technology sector. Investors see great potential for future growth in the use of Foundry for government data integration and rely on Palantir’s ability to efficiently manage and analyze complex data sets.