8 Fastest-Growing AI Stocks to Buy Now

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6. Palantir Technologies Inc. (NASDAQ:PLTR)

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the fastest-growing AI stocks to buy now.

On April 22, 2026, Palantir Technologies Inc. (NASDAQ:PLTR) and the U.S. Department of Agriculture announced a $300 million Blanket Purchase Agreement to support the National Farm Security Action Plan and modernize how USDA delivers services to farmers. Under the deal, Palantir will provide operational software for USDA field staff and farmers, while supporting the “One Farmer, One File” initiative and extending the company’s existing work on USDA’s Landmark platform. The agreement matters for Palantir’s growth story because it shows the company’s government business expanding beyond defense and intelligence into large civilian agency workflows, where AI, data consolidation, and operational software can become embedded infrastructure.

The deal follows a very strong quarterly print. On February 2, 2026, Palantir reported fourth-quarter 2025 revenue of $1.407 billion, up 70% year over year and 19% sequentially. U.S. revenue rose 93% year over year to $1.076 billion, while U.S. commercial revenue surged 137% to $507 million and U.S. government revenue grew 66% to $570 million. Palantir also closed $4.262 billion in total contract value, up 138% year over year, showing that the company’s AI platform demand is translating into larger bookings, not just narrative heat.

Palantir Technologies Inc. (NASDAQ:PLTR) develops software platforms for data integration, analytics, AI deployment, and operational decision-making across government and commercial customers.

While we acknowledge the potential of PLTR to grow, our conviction lies in the belief that some other AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLTR and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see 5 Fastest-Growing AI Stocks to Buy Now.

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