The result has been tremendous growth. Just four years ago, Palantir had 14 U.S. commercial customers. Today, that number has reached 382. On top of that, in the recent quarter, Palantir closed a record $803 million of U.S. commercial total contract value -- that represents a 134% increase year over year.

Palantir Technologies Inc.'s exceptional Q4 report drove shares past $100, with revenue exceeding expectations. Click for my updated look at PLTR stock prospects.

Palantir Technologies reported strong revenue growth last quarter as the company that made its name providing software to the U.S. government said demand for its artificial intelligence products continues to expand.

Palantir Technologies (NASDAQ: PLTR) stock continued its winning streak on Thursday, climbing as much as 7.9%. As of 3:23 p.m. ET, the stock was still up 7.9%. The artificial intelligence (AI) software and data mining specialist continued a trend that began earlier this week when the company reported blockbuster financial results.

Palantir Technologies (PLTR), a software company that specializes in big-data analytics, will release its Q4 financials on February 3. PLTR

Key Takeaways Palantir shares surged to an all-time high Thursday, extending gains earlier in the week.Several analysts have raised their price objectives for the stock since Palantir on Monday gave a strong forecast for 2025.

Palantir (NASDAQ: PLTR) came into its fourth-quarter earnings report with its shares priced to perfection, but the AI stock lived up to the markets' expectations. Shares jumped as high as 28% on Feb.