Palantir’s (PLTR) second-quarter 2025 results spread bullishness about the company’s growth prospects. The software maker beat earnings and revenue estimates and raised its revenue forecast once again, driven by the artificial intelligence boom. The company also made a historic milestone of achieving $1 billion in revenues, its first-ever billion-dollar quarter.
Palantir shares have more than doubled this year and have increased by more than 500% over the past 12 months. This has made its valuations lofty. Shares are currently trading at 276 times forward earnings, according to FactSet.
Investors seeking to tap the growth in the AI software maker should consider ETFs with a substantial allocation to Palantir.
This post originally appeared at Zacks.