After the Recent Stock Market Drama, Where Will Artificial Intelligence (AI) Leader Palantir Be in 5 Years?

Palantir Technologies (NASDAQ: PLTR) started 2025 with a bang, jumping more than 60% in just over two months on the back of a solid quarterly report that was released at the beginning of February, but the stock has witnessed a remarkable pullback since hitting a 52-week high on Feb. 18.Specifically, Palantir stock is down 22% from its 52-week high. The decline can be attributed to multiple factors such as the overall negativity in tech stocks from the uncertainty caused by tariffs and other policies that are expected to weigh on the U.S. economy.And there has been a rise in the probability of a recession in the U.S. because of the potential direction that the economy is expected to take. All this explains why investors may have decided to book profits in Palantir stock, especially after the massive gains that it delivered in the past year. Again, its expensive valuation could be another reason behind its recent pullback.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool