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Is Palantir's Valuation Finally Catching up to Its Growth?

The AI-powered data mining company is still richly valued relative to its peers.

Is Palantir's Valuation Finally Catching up to Its Growth?

Published July 2, 2026 · Category: Finance

Overview

Palantir (NASDAQ: PLTR), an AI-driven data mining and analytics company, began trading at $10 per share after going public via a direct listing on Sept. 30, 2020. It set a record high of $207.18 on Nov. 3, 2025, but it now trades at about $129. Does that pullback make Palantir's stock, which has been richly valued ever since its public debut, a more attractive investment?

Palantir operates two main platforms: Gotham for its government clients and Foundry for its commercial ones. Both platforms aggregate data from disparate sources to help their clients make faster data-driven decisions. Most U.S. government agencies use Gotham, while commercial giants like Amazon and Walmart use Foundry.

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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.