Palantir Technologies Inc ( PLTR ) shares are trading higher by 7.2% to $118.43 on Thursday. The stock has been volatile this week after the company on Monday reported first-quarter earnings and lifted its 2025 outlook.

What To Know: Revenue climbed 39% year-over-year to $883.86 million, surpassing analyst expectations of $862.83 million. Adjusted earnings per share matched estimates at $0.13. U.S. revenue soared 55% to $628 million, led by a 71% jump in commercial revenue.

CEO Alex Karp highlighted accelerating demand for Palantir's ( PLTR ) AI-driven enterprise software, saying, "We are in the middle of a tectonic shift."

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What Else: The company raised full-year revenue guidance to between $3.89 billion and $3.90 billion, above analyst estimates of $3.75 billion. It also lifted expectations for U.S. commercial growth and free cash flow. For the second-quarter, Palantir ( PLTR ) forecasts revenue of $934 million to $938 million.

Despite this week’s overall pullback, shares have climbed over 400% in the past year. Analysts responded with modest price target hikes, though many maintained neutral stances.

Palantir ( PLTR ) on Thursday also announced a long-term strategic partnership with The Joint Commission, the nation’s oldest and largest standards-setting and accrediting body in U.S. healthcare.

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How To Buy PLTR Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Palantir Technologies’ case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, PLTR has a 52-week high of $125.41 and a 52-week low of $63.40.