Shares of Palantir Technologies ( PLTR 26.31%) charged out of the gate on Tuesday, spiking as much as 27.7%. As of 10:59 a.m. ET, the stock was still up 25.4%.

Key Takeaways Palantir Technologies shares soared to an all-time high Tuesday, a day after the company's outlook blew past analysts' expectations on strong demand for its Artificial Intelligence Platform.

Palantir Technologies Inc.’s PLTR share price has surged by 23.99%, which has investors questioning if this is right time to sell.

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 Inc.’s hefty premium will be in focus when the data analysis software giant reports earnings after the market close on Monday — with the stock trading at levels some see as difficult to maintain.

A woman walking past the Palantir Technologies logo during the World Economic Forum (WEF) annual meeting in Davos, Switzerland on January 19, 2023. Shares of software platform company Palantir (PLTR) soared close to 27% during Tuesday morning trading.

Palantir (PLTR) is one of the top-performing S&P 500 Index ($SPX) stocks, rising by an impressive 513% over the past year. This notable growth in PLTR stock reflects the strong demand for the data analytics and software company’s solutions.