Palantir Technologies stock is up 274% in 12 months, but valuation is a concern.
From Nasdaq, Inc.: 2025-04-06 10:20:00
Palantir Technologies (NASDAQ: PLTR) has seen its stock drop over 30% from its high, but it’s still up 274% over the past year. The company is a game-changing AI powerhouse, with a focus on government and commercial sectors. Despite its strong financials and growth potential, its valuation is a concern, trading at a forward P/E ratio of 157. With its high price and market volatility, investors should avoid Palantir for now. For those seeking new investment opportunities, consider the “Double Down” stock alerts for potentially lucrative opportunities in the market.
Read more at Nasdaq, Inc.: This Artificial Intelligence (AI) Powerhouse Is Up 274% in 12 Months. But Is It a Buy?