Palantir's business has been booming as artificial intelligence (AI) elevated the company's offerings, leading to a surge in demand, and multiple quarters of impressive results. But is this tech stock still a no-brainer buy heading into 2025?

Key Takeaways Palantir Technologies shares retreated Monday after hitting their latest all-time high earlier in the session.The software maker had a record-high close Friday after announcing a collaboration with defense tech contractor Anduril,

Palantir Technologies faces significant competition in both government and commercial AI markets. See why I reiterate my sell rating on PLTR stock.

On the surface, it would make sense for Palantir to engage in a stock split. For a company's market cap to rise by 1,000% in only two years is remarkable. Nvidia and Broadcom performed similarly, and both did split their stocks. However, Palantir is far from guaranteed to follow them.

Palantir stock has been on a roll but it's a bad idea to chase the software behemoth's shares now, a Baird analyst said.

Artificial intelligence outfit Palantir Technologies (NASDAQ:PLTR) may be poised to see its stock soar this Friday. Although it has already quadrupled in value in 2024 and has gained over 620% since its 2020 IPO,