Why These 15 Large Tech Stocks Are Skyrocketing So Far in 2025

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2. Palantir Technologies Inc (NASDAQ:PLTR)

Number of Hedge Fund Holders In Q3 2024: 43

Palantir Technologies Inc (NASDAQ:PLTR) is an advanced data company with strong links to the government.

The stock has delivered parabolic gains in the past year, and this has continued into 2025. This is mostly due to continuous blockbuster earnings reports. It reported Q4 2024 revenue of $828 million, up 36% year-over-year, and beat estimates of $776 million.

It also reported U.S. commercial revenue growth of 64% year-over-year to $214 million, and U.S. government revenue growth of 45% year-over-year to $343 million.

The 2025 revenue guidance is at $3.74-3.76 billion, up 31% year-over-year. This also exceeded the $3.52 billion estimate. Likewise, operating income guidance of $1.56 billion surprised analysts.

The consensus price target of $69.44 implies 40.84% downside.

PLTR stock is up 55.22% year-to-date.

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