business

Palantir stock has crashed this year, but there may be upside ahead

Yahoo Finance · Jun 30, 2026, 1:42 PM · Also reported by 2 other sources

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.

Article preview — originally published by Yahoo Finance. Full story at the source.

Read full story on Yahoo Finance → More top stories

Also covered by

CNBC Cramer says this aerospace stock is significantly undervalued, sees 35% upside Investing.com BMW slashes profit margin forecast to 1-3%; JPMorgan calls cut "radical" as stock hits six-year low

Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Palantir stock has crashed this year, but there may be upside ahead

Key takeaways

Also covered by

More in business