Trump UK Visit: Palantir Software Purchases To Increase?

The United Kingdom's government will increase purchases of Palantir Technologies data analytics software, according to reports during President Donald Trump's visit to the country. Palantir stock gained on Thursday.

The U.K. military will buy more than $1 billion in Palantir software over five years, extending an earlier deal, Bloomberg reported.

On the stock market today, Palantir stock rose 5.1% to close at 176.97. With Thursday's gain, Palantir stock is up about 134% in 2025 but has retreated from its all-time high of 190 on Aug. 12.

Palantir stock has boomed amid views that the company seems poised to win more U.S. government business during the Trump administration. Also, retail investor enthusiasm for generative artificial intelligence plays has lifted Palantir stock, although commercial-related revenue has yet to ramp up.

Palantir Stock Technical Ratings

Meanwhile, Palantir's Relative Strength Rating stands at 97 out of a best-possible 99.

But PLTR stock holds an Accumulation/Distribution Rating of C. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.

Also, Palantir stock holds a Composite Rating of 98 out of a best-possible 99, according to IBD Stock Checkup. IBD's Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.

Palantir stock has a 21-day ATR of 4.43%. The average true range is a metric available on IBD's MarketSurge that gauges the characteristic breadth of a stock's behavior. Stocks that tend to make large jumps or dives in daily action, the kind that can trigger sell rules and shake investors out of a stock, have a high ATR. Stocks that tend to make more incremental moves have lower ATRs.

IBD suggests stocks with ATRs of up to 8%.

Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.