I don’t know what to make of PLTR. They are the darling company of the government and seem to have positioned themselves to be involved in so many things in the near and far term future. They just signed a $300M government contract with the USDA and news of new govt contracts comes out on an almost weekly basis. Plus they are heavily involved in the intelligence and defense parts of the government. A company this integrated into the USA’s leadership is highly unlikely to fail imho
That said, they have an abhorrent P/E ratio and in many ways are the definition of an overpriced stock in a technology bubble. Many investors can barely even identify what it is that the company does.
Their stock rice has wavered over the last 6 months alongside other software companies and they now sit at roughly $142 a share, which is down from their ATH of $207 back in November 2025 (a drop of 31.4%)
Over the last 3 months, they seem to regularly bounce off of resistance around $128 - 130; which has happened 4 times over that span of time on Feb 4, Feb 11, Feb 23 and April 9.
When would you feel comfortable buying Palantir stock if you plan to hold it for 3-5 years? I don’t own any shares of PLTR currently because I’ve always worried that I’ve missed the boat on it, but I’d love to make a big purchase when the time is right.