Palantir Technologies Inc. (PLTR)
Why Palantir Stock Has Fallen 30% in a Month, and Why Continued Declines Are Inevitable
Since closing at its all-time high share price of $124.62 on Feb. 18, Palantir (PLTR 1.44%) stock has headed almost straight back down. By Thursday's close, just four weeks after hitting its high, Palantir had lost almost 30% of its value.
Palantir Stock Has Fallen 30% From Its High. History Says This Will Happen Next.
Palantir Technologies (PLTR 1.44%) shares advanced 340% in 2024 as the data analytics company reported strong financial results amid growing demand for its artificial intelligence (AI) platform. That made it the best-performing member of the S&P 500 (^GSPC -0.22%) by a wide margin.
1 Wall Street Analyst Thinks Palantir Stock Is Going to $60. Is It a Sell?
Following Palantir Technologies' (PLTR 2.53%) recent customer event, Jefferies analyst Brent Hill maintained an underperform (sell) rating on the shares with a $60 price target, implying potential downside of 29% from the current share price.
Why Archer Aviation Stock Could Soar After Palantir Partnership
Archer Aviation NYSE: ACHR, an electric vertical takeoff and landing (eVTOL) aircraft developer, is transitioning from research and development toward commercial flight. This is underscored by changes detailed in the company's Q4 2024 earnings release and the unveiling of its “Launch Edition” program, which highlights tangible steps towards bringing its Midnight aircraft to market.
Better Artificial Intelligence Stock: Strategy vs. Palantir
Strategy (MSTR 7.15%) and Palantir Technologies (PLTR 2.53%) are both investing in the growing artificial intelligence (AI) market. Strategy -- until recently known as MicroStrategy -- has for some time been considered more of a Bitcoin (BTC 3.05%) hoarder than a software company, but it has been rolling out more generative AI tools for its business intelligence (BI) platform.
Palantir Technologies Is 30% Below Its All-Time High: Here's How Far It Can Fall
For much of the last two-and-a-half years, the bulls have been in firm control on Wall Street. Since the 2022 bear market bottomed out, we've witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all gallop to numerous record-closing highs.
Should You Forget Palantir and Buy These 2 Millionaire-Maker Stocks Instead?
Palantir Technologies (PLTR 2.53%) has been one of the hottest stocks on the market in the past couple of years, rising an incredible 1,000% as of this writing and beating the S&P 500 index's gains of just 45% during this period by a heavy margin.
Palantir stock short interest spikes
Amidst a market-wide downturn, Palantir stock (NASDAQ: PLTR) crashed below $100 in late February.
Down More Than 30% From Its 52-Week High, Is Palantir Technologies Stock a Buy?
Palantir Technologies (PLTR -3.98%) has been a darling for tech and artificial intelligence (AI) investors over the past year, as it has continually hit new heights despite concerns about its soaring valuation. Lately, however, it has been falling sharply in value, along with the market as a whole.
Palantir Stock: Buy, Sell, or Hold?
One of the hardest-hit stocks in the recent market sell-off has been Palantir Technologies (PLTR -3.98%). While it is still trading up about 264% over the past year, the stock is down more than 31% from its recent highs, as of this writing.
Massive Palantir News: Insiders Keep Selling Billions in Stock
Palantir (PLTR -3.98%) stock has been on fire over the past year and shares have an extremely high valuation by most metrics. But management has noticed and is selling the stock rapidly.
Palantir Sank Today -- Is the Stock a Buy Right Now?
Palantir (PLTR -3.98%) stock got hit with another round of sell-offs in Tuesday's trading. The company's share price closed out the day's trading down 4% and had been off as much as 6.2% earlier in the session.
