10 Stocks with Potential to Rise 1000 Percent

2. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Hedge Fund Holders: 64

Palantir Technologies Inc. (NASDAQ:PLTR) is a software company specializing in data integration and analytics platforms for large-scale decision-making. Its core products – Palantir Gotham, Foundry, and Apollo – enable organizations to aggregate, analyze, and visualize complex data from disparate sources. PLTR serves both government and commercial sectors, with applications in defense, intelligence, healthcare, energy, and finance, and operates through long-term contracts and subscriptions, offering its software via cloud, on-premises, and hybrid environments. PLTR ranked ninth on our recent list of 12 Most Widely Held Stocks by Individuals in 2025.

Palantir Technologies Inc. (NASDAQ:PLTR) posted outstanding results in Q4 2024, with revenue climbing 36% YoY and 14% sequentially to $828 million. The US market was a major growth driver, with commercial revenue in the country surging 64% and government revenue rising 45% YoY. The company closed a record 32 deals valued at $10 million or more, contributing to a total contract value of $1.8 billion, up 56% compared to the prior year. PLTR’s AI Platform has been central to this momentum, helping the firm multiply its US commercial customer base nearly fivefold over the past three years. Operationally, the company delivered a stellar Rule of 40 score of 81 and posted its highest-ever adjusted operating margin of 45%.

The financial strength of Palantir Technologies Inc. (NASDAQ:PLTR) continued with adjusted free cash flow reaching $517 million in Q4, representing an impressive 63% margin. The company’s guidance for full-year 2025 points to continued growth, with projected revenue at a midpoint of $3.749 billion – an increase of 31% YoY. The company’s edge lies in its ability to transform artificial intelligence into tangible, high-value solutions rather than just focusing on developing models. Real-world impact includes streamlining a two-week process down to three hours for a global insurance firm and supporting Panasonic Energy North America with AI tools that enhance operations for the production of 5.5 million batteries daily. With 64 hedge funds owning the stock, PLTR is one of the stocks that will go up 1000 percent.