Palantir Technologies (NASDAQ: PLTR) emerged as one of the biggest winners of 2024. Shares of the artificial intelligence (AI) and data analytics software company skyrocketed 340%. Palantir's additions to the S&P 500 and Nasdaq-100 indexes helped fuel investor excitement.

Detailed price information for Palantir Technologies Inc Cl A (PLTR-Q) from The Globe and Mail including charting and trades.

We recently published a list of 15 AI Stocks That Skyrocketed in Q4. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other stocks that skyrocketed in Q4.

The carbon capture and storage market has become a major focus for oil and gas companies looking for low-carbon investments as part of emissions reductions efforts

Palantir Technologies (NASDAQ: PLTR) was one of the hottest artificial intelligence (AI) stocks in 2024, and for good reason. Growth accelerated as U.S. commercial clients began adopting the company's Artificial Intelligence Platform while its largest customer,

Palantir Technologies was the best-performing member of the S&P 500 ( ^GSPC -1.11%) in 2024. Its share price surged 340% last year as growing demand for its artificial intelligence platform excited investors. Palantir has grown into a $181.9 billion business, but I think semiconductor comany Arm Holdings ( ARM -2.06%) can top that figure in 2025.

Perhaps the stock investors are most excited about when it comes to AI is Palantir Technologies (NASDAQ: PLTR). While a number of big tech companies have been rushing to create the best AI models, Palantir has been taking a different approach.

Wedbush analyst Dan Ives remains bullish and expects Tesla's market cap to hit $2 trillion in 2025, saying the coming four years will be a "total game changer" for Tesla. He expects the Trump administration to fast-track full self-driving (FSD), paving the way for the company's robotaxi agenda.

Enterprise software is a highly competitive industry. One way that smaller businesses can make headway in software sales is by partnering with larger industry incumbents. During C3.ai's second quarter of fiscal 2025 (ended Oct. 31), the company closed more than 60% of its deals through this partner ecosystem.

BigBear.ai (NASDAQ:BBAI) fell for the third consecutive day, but the losses accelerated as BBAI stock crumpled 16.2%. The stock is down almost 27% over those three days. It’s lost more than a third of its value since its all-time high achieved at the end of 2024.

ARKF ETF has sold $15 million worth of shares of Palantir stock, may have caused a bit of a sell-off. See why I maintain a long-term buy rating on PLTR shares.

Palantir Technologies (NASDAQ: PLTR) didn't join the S&P 500 until September 2024. Here are three artificial intelligence (AI) stocks to buy in 2025 (listed alphabetically) that could be better picks than Palantir.