Key Takeaways Palantir's stock is surging after its latest results beat Street expectations.Analysts worry the company may be overvalued, with many maintaining sell or equivalent ratings despite a strong quarter.

After a jump of that magnitude, some investors may wonder if it's simply too late to buy the stock.

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 22.9% in the morning session after the company reported a "beat and raise" quarter. Third-quarter results blew past analysts' revenue and EBITDA expectations.

Given the dramatic rise of artificial intelligence, it’s no shock to see big data analytics firm Palantir Technologies (PLTR) swing higher. At

Shares of Palantir ( PLTR 23.47%) were soaring today after the artificial intelligence (AI)-focused software stock posted better-than-expected results in its third-quarter earnings report last night, as revenue growth accelerated for the fifth quarter in a row. It posted strong margin expansion as well.