pltr hitting $80 basically stock being way ahead of the actual business. Right now, the stock is trading at a p/e ratio of over 200. That’s wild even for a tech company. For it to stay at its current price of around $130, it has to basically never miss on earnings.
One big red flag for people is that Peter Thiel just dumped about $290 million worth of shares in March 2026. Usually, when the co-founder sells that much while the stock is near its highs, its a red flag.
Also, while their commercial AI business is growing fast, the government side is starting to show signs of cooling off. Analysts are looking at government revenue growth potentially slowing down to the 30% range next year. If the growth rates start to normalize but the stock is still priced for "infinite growth," the price is going to crater.
The stock has also been falling since it hit almost $170 earlier this year. bottom soon, technical traders think $80 is the next logical place where the value actually makes sense based on the math.