Palantir revealed as long-term IRS analytics partner since 2018, raising privacy and surveillance concerns

Palantir Technologies has been disclosed as a long-term analytics partner to the Internal Revenue Service, using its Lead and Case platform since 2018 to handle large volumes of personal and financial data.

The IRS partnership underlines Palantir's role in sensitive government analytics, which can support contract visibility but also brings intense scrutiny around privacy and surveillance concerns.

The stock trades at $143.1, with a P/E of 211.1 versus the Software industry average of 30.4, and shares are trading around 16.9% above the Simply Wall St estimated fair value.