Palantir stock is trading at a lofty valuation "which history suggests is nearly impossible to grow into," Deutsche Bank's Brad Zelnick said.

Palantir blasted Street earnings forecasts late Monday, with revenues rising 36% from the prior-year period to $827.5 million, thanks in part to a surge in demand for its AI-relat

Palantir Technologies stock closed at its highest level on record after the company posted a big beat with its fourth-quarter results.Earnings per share were up annually by 75% to 14 cents, compared with Wall Street’s consensus estimate of 11 cents,