The software giant Palantir (NASDAQ: PLTR) has enjoyed one of the most successful tenures in the stock market among all of the companies that executed their initial public offerings (IPO) since the COVID-10 pangemic started.
Indeed, PLTR shares met the September 30, 2020 – their first-ever – morning bell changing hands at $10 and ended the session trading at $9.50. On Friday, September 18, 2026, Palantir stock closed at $177.64 and is, at press time in the Monday pre-market, at $178.72.
Thus, a $10,000 investment made in PLTR equity early on its first day in the market would have risen 1,676.40% to $177,640 by the most recent close and 1,687.20% to $178,720 by September 21, 2026.
Meanwhile, a similar investment made on the evening of September 30, 2020 would have risen to $186,989 by the Friday closing bell and to $188,126 by the Monday pre-market.
How Palantir stock investment compares to other prominent 2020 IPOs
Elsewhere, Palantir’s stock’s persistent strength can also be seen in comparison to the other prominent IPOs of 2020. Airbnb (NASDAQ: ABNB) met its first close at $144.71 and ended the September 18, 2026 session at $166.22, meaning a $10,000 investment made just as it went public would have risen to $11,486.
DoorDash (NASDAQ: DASH) went from $189.51 to $192.94, meaning the hypothetical stock purchase would have grown to $10,181. Snowflake (NYSE: SNOW) is up 30.91% from $253.93 to $332.43 on the all-time chart, meaning $10,000 could have appreciated to $13,091.
Finally, the Chinese electric vehicle (EV) maker Xpeng (NYSE: XPEV) ended its first session at $21.22 and fell 49.95% to $10.62 by Friday, September 21, meaning a day-one investment would have crashed to $5,004.
$10,000 investment in Palantir stock at IPO could be worth this much in 2027
Looking ahead, institutional experts appear certain Palantir stock’s strong run will continue in the coming 12 months. Specifically, Wall Street is, on average, forecasting a 14.67% PLTR equity rally to $203.70, per the data Finbold retrieved from TradingView on September 21.
Thus, $10,000 invested when Palantir went public in 2020 could be worth as much as $214,421 in the third quarter (Q3) of 2027 for a 2,044.21% increase across seven years.
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