Palantir Stock: Buy Now or Wait for a Dip?
Palantir Technologies (PLTR) has emerged as a dominant force in data analytics, fueled by its AI platform AIP. The stock's meteoric rise—up 440% in the past year—reflects soaring demand, but its $400 billion valuation now faces scrutiny. Recent trading patterns suggest volatility: shares dipped 8% from their August peak of $190, closing at $174 amid profit-taking.
Analysts remain divided. The consensus price target of $136 implies a 20% downside, yet Palantir's speculative nature defies traditional metrics. Institutional investors weigh whether this correction is a buying opportunity or the start of a broader retreat. The AI boom continues to distort valuation frameworks, leaving market participants to gamble on momentum versus fundamentals.
