Prediction: Palantir Stock Will Drop to This Price After Aug. 3
Palantir stock is down 30% so far in 2026, and more selling pressure could be on the way.
Overview
Palantir Technologies (NASDAQ: PLTR) is scheduled to release its second quarter earnings on Aug. 3. Throughout 2026, Palantir stock has endured a difficult stretch -- falling about 30% as investors rotate out of enterprise SaaS names amid new model features from Anthropic and OpenAI.
While the decline in Palantir stock has already reset some of the optimism that supported shares in prior years, the upcoming report still carries the potential for another drop. Read on to learn why.
Image source: The Motley Fool.
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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.