On September 18, Palantir Technologies Inc. (PLTR) saw a significant rise in its stock price, with an intraday increase of 5.13%, closing at $176.97, marking a new high since August 2025.
The tokenized asset Palantir Technologies (Ondo Tokenized) (PLTRon) also pumped, with the latest price on September 19 being 1,205 RMB, which is a rise of 14.6% from the historical low on September 5.
01 The UK’s defense contracts boost Palantir’s strong expansion momentum.
Palantir recently reached a large-scale strategic agreement with the UK government, which is seen as an important catalyst for the rise in stock prices.
According to the agreement, Palantir will invest up to £1.5 billion (approximately $2 billion) in the UK and establish the UK as its European defense headquarters.
The core of this collaboration is that Palantir will work hand in hand with the UK Ministry of Defence to develop AI-based military capabilities. This technology has been tested in Ukraine and aims to accelerate the decision-making process, optimize military planning, and enhance strike accuracy.
02 Tokenization of stocks PLTRon performance is highly correlated with the US stock market trends.
Palantir’s tokenized asset PLTRon is a blockchain representation of its US stock, with its price closely related to the PLTR stock price in the US market.
According to data from CryptoRank.io, as of September 19, the real-time price of PLTRon is 1,205 RMB, with a total circulating supply of 2.35K Tokens (accounting for 100% of the total), and a market capitalization of $398,200.
The all-time high price of PLTRon occurred on September 15, 2025, reaching 1,225 RMB, while the all-time low was 1,148.02 RMB on September 5. Its price fluctuations are mainly influenced by multiple factors, including the stock price of PLTR in the US market, market liquidity, and the overall sentiment in the cryptocurrency market.
03 Core business growth is strong, and financial report data exceeds expectations.
The strong performance of Palantir’s stock is closely tied to its solid earnings support. The company’s recent financial report shows that revenue in the second quarter of 2025 increased by 48% year-on-year, exceeding market expectations.
The revenue for the fiscal year 2025 mid-term report (from January 1 to June 30) was 1.888 billion USD, a year-on-year increase of 43.82%, with a net profit of 546 million USD, achieving a year-on-year growth of as high as 126.07%.
Palantir was founded on May 6, 2003. It initially developed software for the U.S. intelligence community to assist in counterterrorism investigations and operations, and later began collaborating with commercial enterprises.
Today, Palantir focuses on developing and deploying the Palantir Gotham and Palantir Foundry software platforms at scale, serving as the core operating system for its clients.
04 Institutions are optimistic yet concerned, valuation disputes become the focal point.
Despite the impressive performance, there are still differing views in the market regarding Palantir.
Loop Capital has recently raised the target price for Palantir from $155 to $178 and maintained a "buy" rating. The agency expects PLTR to exceed revenue expectations again, with performance potentially surpassing the average rise of 4.3% over the past five quarters.
However, bearish views argue that Palantir’s valuation has embedded unrealistic AI optimism. Analysis indicates that its price-to-earnings ratio is as high as 552.29, suggesting a fair value close to $40, and believes there is significant downside risk based on recent prices.
In addition, Salesforce’s new national security division "Missionforce" has signed a significant contract with the U.S. Army, which may also pose a challenge to Palantir’s position in the government-level AI software market.
05 Invest in Palantir: Dual Paths of Traditional Stock Market and Cryptocurrency Market
For interested investors, there are now two ways to access investment opportunities in Palantir: through the traditional stock market and cryptocurrency exchanges.
In traditional stock markets, purchasing PLTR shares is usually done through a brokerage account, and many platforms allow for the purchase of "fractional shares," enabling you to own a portion of a stock without having to buy a whole share.
In the crypto market, investors can purchase tokenized stocks of Palantir, PLTRon, through exchanges like Gate, enjoying 7×24 hour trading, lower thresholds, and faster settlement speeds.
Future Outlook
With the advancement of the £750 million defense contract and the £1.5 billion investment plan in the UK, Palantir’s foothold in the European market is increasingly solidified.
Its tokenized asset PLTRon not only provides crypto investors with exposure to traditional quality assets but also signifies that blockchain technology is reshaping the trading methods of traditional financial assets.
