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Palantir Technologies stock has climbed 79% year-to-date and surged over 385% in the past 12 months, according to Benzinga. The software company's gains have far outpaced those of the S&P 500 and the Nasdaq-100.

Palantir Technologies Inc. (PLTR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.