Demand for Big Data services is increasing. Palantir, a leader in the field, should benefit. Here are the forecasts and price predictions for PLTR stock.

Shares of Palantir Technologies are climbing on Monday, continuing last week's rally. Investor optimism is being fueled by new partnerships, strong earnings and geopolitical tensions.

Palantir’s growth engine remains its dominance in high-stakes government work, now paired with accelerating U.S. commercial demand. Q1 figures beat estimates again, and Palantir upped its guidance. Revenue grew 39% year-over-year to $884 million, and its net income doubled to $214 million.