Palantir's U.S. Revenue Soars 119% as Commercial Revenue Surpasses Government Revenue for the First Time. Here's Why Its Growth Is Still Surging, Even as Other AI Stocks Falter

Palantir Technologies delivered exceptional Q3 results with 96% year-over-year revenue growth to $2.3 billion, beating Wall Street expectations. The company's U.S. commercial segment revenue surpassed government revenue for the first time, growing 148% YoY. With a net dollar retention rate of 165% and remaining deal value of $6.52 billion, Palantir raised full-year guidance to 91% growth. Despite a lofty valuation of 125x earnings, the PEG ratio of 0.53 suggests the stock is undervalued given its growth trajectory.