Down 0.5% in 2026, Is Palantir Stock a Buy?
Is this AI stock still buyable, or already priced for perfection?
Overview
Shares of Palantir Technologies (NASDAQ: PLTR) are down 0.5% year-to-date, underperforming the Nasdaq Composite's roughly 14.4% gain. Much of that underperformance reflects the stock's lofty valuation coming into the year -- not a collapse in demand. In fact, Palantir continues to see explosive growth for its artificial intelligence (AI) platform.
Revenue growth has accelerated in every quarter since mid-2023, and the most recent period showed 93% year-over-year growth. With the stock rebounding after strong earnings, the question is whether it is still worth buying.
Image source: Palantir Technologies.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.