Palantir Stock Investors Just Got Fantastic News from Wall Street
2026-03-06 02:35:00 ET
Palantir (NASDAQ: PLTR) has been on fire over the past years, but volatility has been prevalent. The data analytics and artificial intelligence (AI) specialist has generated stock price gains of 1,730% over the past three years, but has fallen by at least 20% at least 10 times. There's more. During the two years between early 2021 and early 2023, Palantir stock plummeted more than 80% -- so it isn't for the squeamish.
The stock currently trades for an eye-popping 241 times earnings and 115 times forward earnings (as of this writing), yet one Wall Street analyst calls Palantir "extraordinary."
Image source: The Motley Fool.
NASDAQ: PLTR
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