Palantir Technologies (PLTR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
A $10,000 investment at Palantir's $10 opening trade in September 2020 would be worth about $132,000 today. Shares have fallen roughly 37% from their 52-week high during the AI sell-off.
Palantir continues to deliver strong growth. The stock trades at too high a valuation to warrant an investment.
Palantir Technologies TodayPLTRPalantir Technologies$134.44 +0.68 (+0.51%) As of 07/16/2026 04:00 PM Eastern52-Week Range$106.37▼$207.52P/E Ratio151.06Price Target$190.85Add to WatchlistFew stocks generate the visceral reaction that happens when the name Palantir Technologies NASDAQ: PLTR is mentioned.
Hypergrowth is a demanding label in 2026. To wear it, a company needs to expand revenue at a pace that leaves the broader market in the dust, and it needs to do so while the market is actively rewarding profitable, cash-generating stories.
Palantir generated 85% revenue growth while operating expenses rose only 32%, driving 60% adjusted operating margins and 57% free cash flow margins. Stable stock-based compensation alongside rapidly growing revenue is allowing earnings and free cash flow to compound much faster than sales. Remaining performance obligations surged 134% to $4.5 billion, while 150% net dollar retention highlights expanding customer spending after deployment.
Palantir stock is having a rough year as investors rotate out of software names and into memory plays like Sandisk and Micron. PLTR has fallen 36% from its all-time high last year, but despite the pullback, the company still has notable catalysts that should support stronger performance over the long term.
PLTR's Ontology platform is helping deepen enterprise AI adoption by embedding operational workflows beyond standalone AI models.
Meta Platforms (NASDAQ: META | META Price Prediction) and Palantir Technologies (NASDAQ: PLTR) both posted Q1 2026 results that widened an already yawning valuation gap.
Palantir (NASDAQ:PLTR | PLTR Price Prediction) CEO Alex Karp has been making headlines for his heated rant on CNBC, critiquing OpenAI and Anthropic for how they're selling AI.
Palantir (NASDAQ:PLTR | PLTR Price Prediction) and Snowflake (NYSE:SNOW) both delivered blockbuster earnings reports this spring, and the results tell two very different AI stories.
Palantir is back on every screen this month, up 14.55% in a single week as retail traders pile back into the AI infrastructure trade that briefly wobbled in June.