Palantir Stock Faces Longest Losing Streak Since April 2024 Amid Market Concerns

1 min read
Source: TipRanks
Palantir Stock Faces Longest Losing Streak Since April 2024 Amid Market Concerns
Photo: TipRanks
TL;DR Summary

Palantir Technologies has experienced over 2,000% stock growth in 2024 driven by strong fundamentals and AI expansion, but some investors, like Daniel Jones, believe the stock's high valuation may lead to future declines, with a cautious Wall Street consensus and a 12-month target of $154.47.

Share this article

Reading Insights

Total Reads

0

Unique Readers

3

Time Saved

2 min

vs 3 min read

Condensed

91%

52445 words

Want the full story? Read the original article

Read on TipRanks