$100 in Palantir Stock 3 Years Ago? Here’s the Jaw-Dropping ROI You Missed

Palantir’s wild ride—from data-mining dark horse to AI darling—turned modest bets into fortunes. Shoulda, woulda, coulda?

The Setup: Big Data’s Black Box Bets

Three years back, Palantir lurked in the shadows—government contracts, Gotham-esque tech mystique. Then AI hype hit like a freight train.

The Surge: When Algorithms Print Money

Defense contracts morphed into LLM gold rushes. Commercial revenue? Up 300%. Stock price? Let’s just say early believers aren’t eating ramen.

The Punchline: Hedge Funds vs. Retail Reality

Sure, your $100 could’ve mooned—if you timed it perfectly between SEC filings and Elon tweets. Meanwhile, Wall Street whales rode the volatility like a private yacht.

Pro tip: Next ‘sure thing’? Probably another crypto meme coin. *Sips coffee*

Image source: Getty Images.

Had you invested $100 into the stock three years ago (with Aug. 14, 2022, as the starting point), your investment WOULD be worth over $1,850. Calling those returns impressive would undoubtedly be an understatement.

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What has changed with Palantir's business?

Palantir's Core business hasn't changed over the past three years, but the surrounding perception seemingly has. For a while, many people viewed Palantir as a niche government contractor, but it is now seen as a company whose software can be used for commercial businesses as well.

In the second quarter, Palantir achieved its first $1 billion quarter (up 48% year over year), with its U.S. government and U.S. commercial benefits increasing revenue 53% and 93% year over year, respectively.

After such an impressive run over the past three years, the one red flag with Palantir's stock is just how expensive it has become. At the time of this writing, the stock is trading at nearly 135 times its sales, which is, to put it lightly, absurd by even the most lax of standards.

Palantir has proven it's a great company and leader in its industry, but if you're investing expecting similar returns over the next three years, you could be in for some disappointment. If you're interested in investing in the company, make sure you approach it with a long-term mindset, and mentally prep yourself for the inevitable volatility.