business
Palantir stock has crashed this year, but there may be upside ahead
Key takeaways
- Quick insight: From a stock perspective, it has been a terrible year for former highflier Palantir.
- The sell-off can't be blamed on Palantir's fundamentals.
- Palantir delivered a blockbuster first quarter, generating $1.63 billion in revenue.
Palantir stock has crashed this year, but there may be upside ahead Brian Sozzi · Executive Editor Tue, June 30, 2026 at 8:42 PM GMT+7 2 min read PLTR ^GSPC The rocket blasters have fallen off the stock of AI software maker Palantir (PLTR).
Quick insight: From a stock perspective, it has been a terrible year for former highflier Palantir. The company's shares have plunged 35%, versus an 8.7% gain for the S&P 500 (^GSPC), and tanked 45% from their 52-week high.
The sell-off can't be blamed on Palantir's fundamentals.
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