Palantir Stock Climbs After New Poland Defense Pact Sparks AI Military Push

Palantir PLTR gained about 1% on Tuesday morning trading after the company signed a letter of intent with Poland's defence ministry to supply data-analytics, AI and cybersecurity systems. The ceremony in Warsaw was attended by Defence Minister W?adys?aw Kosiniak-Kamysz and Palantir CEO Alex Karp.

Investors pushed the stock higher, with Palantir touching fresh intraday highs as buyers priced in a bigger European defence footprint and the broader AI rally. The shares have climbed sharply year to date, reflecting renewed demand for the company's platform.

Polish officials said the country is exploring multiple Palantir systems for battlefield management, logistics and secure data links, as Warsaw steps up defence spending. Financial terms were not disclosed.

Market attention is also focused on Palantir's upcoming third-quarter results on Nov. 3, when investors will look for evidence that government and commercial contracts are translating into revenue growth and margin progress. Analysts expect stronger per-share earnings and solid top-line gains heading into the report.

The deal underlines growing European demand for AI-enabled defence tools and gives Palantir another reference point on NATO's eastern flank, a development that may shape sentiment ahead of the company's earnings update.