Wall Street Analysts Warn of Overvaluation in AI Stocks Palantir and Super Micro Computer

Palantir Technologies (PLTR) and Super Micro Computer (SMCI), two high-flying artificial intelligence stocks, face steep downside risks according to select Wall Street analysts. RBC Capital's Rishi Jaluria projects a 75% decline for Palantir, citing unsustainable valuation at its current $182 share price. Goldman Sachs' Michael Ng sees 49% downside for Super Micro Computer due to margin pressures, setting a $24 target against its $47 trading level.

Both companies have delivered staggering returns since January 2023 - Palantir surging 2,700% and Super Micro Computer gaining 470%. Palantir maintains its position as a leader in decision intelligence software, serving government and commercial sectors with AI-powered data analytics platforms. The bearish calls highlight growing concerns about stretched valuations in the AI sector despite strong technological fundamentals.