Palantir Is Worth $413 Billion. The $500 Billion Line Sits Almost Exactly at Its Record High.

Palantir Technologies closed at $172.01 on Friday, valuing the AI software company at $413 billion. The stock is just 55 cents away from the $500 billion valuation threshold, which aligns with its November record high of $207.52. The company's strong Q2 performance—with 93% year-over-year revenue growth and a 55% net income margin—has driven the rebound. However, at 51 times guided 2026 sales, the stock remains expensively valued despite impressive growth metrics.