Reported 2 days ago
Palantir Technologies (PLTR) stock fell 1.6% on Friday and saw a 5.6% drop for the trading week amid investor concerns regarding its high valuation. After a significant 12% decline on Tuesday following a disappointing earnings report, Palantir shares briefly rebounded but still ended the week below their previous levels. Analysts caution that Palantir's valuation, at 80 times expected revenue for 2025, presents risks, and while the company has experienced substantial growth, any signs of underperformance or competition could lead to even greater volatility in its stock price.
Source: YAHOO