Palantir shares (PLTR) are charging toward a new record high after announcing a strategic partnership with The Nuclear Company to develop an AI-driven “Nuclear Operating System” for reactors. Deals like this could be exactly what propels Palantir’s stock into its next major leg higher.

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Fueling Nuclear Construction with AI

Palantir and The Nuclear Company are jointly developing a real-time, AI-powered NOS platform to streamline nuclear plant construction. That means faster builds, fewer delays, tighter budgets, and smoother regulatory compliance. Palantir is committing $100 million over five years. That translates to the company betting big on clean energy infrastructure.

Why now? Data centers and AI models are guzzling electricity, and nuclear is looking better than ever for stable power. Trump’s push to hit 400 GW of nuclear capacity by 2050 adds momentum

Investors Are Pouring into Palantir Stock

Palantir stock spiked 2.8% to $146.96 premarket, flirting with all-time highs and marking an 89% gain this year. Even trading at 246× forward earnings, investors seem willing to ride the wave—buoyant market sentiment and AI hype are keeping valuations elevated.

Index Reweighting Reminds Everyone

Its rally has been so strong that Palantir is reshaping the Russell indices. It’s on pace to move up into the Russell 1000, which means passive inflows and heavy volume as it exits the small-cap range. Every reconstitution forces funds to rebalance, it could add even more juice to the run.

Is Palantir a Good Buy?

Despite Palantir’s explosive run, Wall Street analysts remain cautious. Based on 17 analyst ratings in the past three months, the stock earns a consensus rating of Hold. Only three analysts call it a Buy, while 10 say Hold, and four recommend Sell. The average 12-month PLTR price target lands at $104.27 — nearly 28% below the current price of $144.16.

See more PLTR analyst ratings

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Palantir Technologies Inc PLTR saw its shares surge to new all-time highs this week, fueled by strong AI positioning and geopolitical factors. Here’s what investors need to know as the stock pulls back Friday.

What To Know: The stock is up approximately 85% year-to-date, building on a 500% rise over the past year. Momentum is linked to its expanding role in government and defense, including a $795 million U.S. Army contract for its Maven Smart System and a strategic agreement with the Israeli Defense Ministry.

Analysts remain bullish, with Loop Capital raising its price target to $155. Wedbush’s Dan Ives predicts a potential surge to a $1 trillion market cap within three years, citing CEO Alex Karp’s strategic initiative.

Palantir’s first-quarter results bolstered this optimism, with U.S. Commercial revenue growing 71% and U.S. Government revenue climbing 45%. The company also issued strong second-quarter revenue guidance, citing “surging and ferocious growth.”

Furthering its strategic expansion, Palantir announced a partnership with The Nuclear Company on Thursday. The collaboration will develop the first AI-driven software, the Nuclear Operating System, aimed at modernizing nuclear construction.

This move aligns with recent executive orders to expand U.S. nuclear capacity, positioning Palantir to capitalize on domestic energy and infrastructure initiatives.

Price Action: According to data from Benzinga Pro, PLTR shares are trading lower by 4.32% to $138.07 Friday morning. The stock has a 52-week high of $148.22 and a 52-week low of $21.23.

Read Also: Palantir Is A ‘$200 Stock Masquerading As $144,’ Says Jim Cramer: Highlights New Nuclear Operating System, Microsoft Endorsement

How To Buy PLTR Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Palantir Technologies’ case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

Image: Shutterstock

Key Takeaways Palantir Technologies will team with nuclear power plant builder The Nuclear Company as artificial intelligence-related electricity demand soars.

The companies will co-develop and deploy software designed to speed up construction of new plants.

President Donald Trump has called for more nuclear power to make sure the U.S. is the world’s leader in artificial intelligence.

Palantir Technologies (PLTR) shares rose to a record high Thursday as the data integration software maker struck a deal with a big nuclear power plant builder, taking advantage of the soaring demand for electricity to drive artificial intelligence data centers.

The company announced a strategic partnership with The Nuclear Company, which it calls the “leading gigawatt-scale deployment of nuclear power across America and pioneering the modernization of nuclear construction.”

The deal calls for the firms to “co-develop and deploy NOS, the first AI-driven, real-time software system built exclusively for nuclear construction.” NOS will be used to help The Nuclear Company build plants faster, safer, and at lower costs, Palantir said.

Shares of Palantir set an intraday record high above $148 on Thursday. They finished up nearly 1% to $144.25, a closing record. They are up more than 90% this year.

Mike Gallagher, Palantir’s head of defense, said the agreement marked “the first time Palantir’s software will be used to help power the next generation of nuclear energy infrastructure.”

This article has been updated since it was first published to reflect closing share-price information.

TradingView

US stocks recovered on Friday afternoon to clinch fresh records despite renewed trade tensions after President Trump said he was terminating talks with Canada.

The S&P 500 (^GSPC) closed at an all-time high for the first time since February. The benchmark index was trading near record territory for much of the session over optimism on the trade front — the US and China clinching a trade truce — and hopes of a rate cut from the Fed sooner rather than later.

The Nasdaq Composite (^IXIC) also notched a record high. Meanwhile, the Dow Jones Industrial Average (^DJI) gained 1%, or about 400 points.

Stocks temporarily took a dramatic turn after Trump posted on social media that he was “terminating ALL discussions on Trade with Canada, effective immediately,” citing Canada’s digital services tax as the cause. He said he would set a new tariff rate on Canadian goods within the next week.

Markets had gotten a boost on the trade front on Friday after Trump said that the US and China have “signed” a trade deal. The two sides have cemented the tariff truce sealed last month in Geneva, and China has confirmed details of the agreed trade framework, per several media reports.

Under the pact, China has committed to delivering rare earth minerals to the US, Commerce Secretary Howard Lutnick told Bloomberg. Once that is underway, “we’ll take down our countermeasures,” he said.

Also on Friday, Treasury Secretary Scott Bessent on Friday said the US could complete the balance of its most important trade talks by Labor Day, raising hopes that the US wouldn’t be firm on its July 9 tariff deadline.

Meanwhile, the Fed’s rate path also remained in focus. The latest reading of the Fed’s preferred inflation gauge showed price increases accelerated in May as inflation remained above the Fed’s 2% target. Fed Chair Jerome Powell has stressed that an uptick in price pressures could be a stumbling block to a rate cut. That report also contained signs of an economic slowdown, however, which could further complicate the emerging debate between Fed hawks and doves.

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20 updates

Palantir Technologies Inc PLTR shares are hitting new all-time highs on Wednesday. Here’s a look at what’s fueling the momentum.

What To Know: Palantir shares have risen more than 500% over the past year and are now up approximately 93% year-to-date.

Much of the momentum has been driven by the company’s positioning in the AI space. The stock also appeared to get a lift more recently from the Israel-Iran conflict. Palantir has several government contracts and has seen an acceleration since President Donald Trump took office, securing more than $113 million in contracts. Palantir was also awarded a $795 million contract modification by the U.S. Army for its Maven Smart System in May.

As defense budgets increasingly incorporate AI, Palantir could be a potential beneficiary of heightened geopolitical tensions. Palantir signed a strategic agreement with the Israeli Defense Ministry to support war efforts last year, per Bloomberg.

Even as Palantir shares continue to climb to new highs, some analysts believe there could be more room to run. Loop Capital analyst Mark Schappel maintained Palantir with a Buy and raised the price target from $130 to $155 earlier this month. At the end of May, Wedbush’s Dan Ives predicted that Palantir shares will more than triple in two to three years to reach a $1 trillion market cap valuation, or approximately $427 per share.

“[Alex] Karp, he’s playing chess, others are playing checkers. And I think you are starting to realize more and more in government, enterprise, and that’s why you cannot talk AI revolution without saying Palantir,” Ives said in a CNBC interview.

Palantir has a strong momentum score of 99, according to Benzinga Pro data. The company beat analyst estimates in the first quarter as U.S. Commercial revenue grew 71% year-over-year and U.S. Government revenue climbed 45%.

Palantir also guided for second-quarter revenue in the range of $934 million to $938 million versus estimates of $899.12 million, and raised its full-year outlook. The company said in its earnings release that it’s experiencing “surging and ferocious growth.”

PLTR Price Action: Palantir shares traded as high as $147.67 on Wednesday, marking new all-time highs. The stock was up 0.18% at $142.94 at the time of publication, according to Benzinga Pro.

Palantir has an RSI of 66, per Benzinga data. A stock is generally considered overbought when its relative strength rises above 70.

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