PLTR
Another government win
Palantir says it’s signed a $300 million software deal with the U.S. Department of Agriculture. That’s not chump change, and for a company that loves turning government relationships into long-term revenue, it’s basically catnip.
Why investors are paying attention
This is the kind of contract that does a few things at once:
- Adds more muscle to Palantir’s federal business
- Gives bulls another example of the company landing big, sticky deals
- Reinforces the idea that Palantir is becoming the software layer government agencies lean on when they want to modernize without hiring a small army of engineers
The Palantir playbook, in plain English
Palantir’s whole vibe is: take messy, mission-critical data, make it usable, then charge handsomely for the privilege. When a deal like this lands, it’s less about one check and more about the door it can open for more work later.
And because the company just posted a strong quarter, every fresh contract feels like another brick in the wall of the bull case. If you own the stock, this is the sort of headline that says the story is still very much alive.
Big picture: Palantir doesn’t need every deal to be flashy — it just needs enough of them to keep stacking into something that looks a lot bigger than the sum of its press releases.