Palantir (PLTR -1.65%) stock crashed after the company reported first-quarter earnings on May 5, but has since recovered a bit. However, this slight recovery is only a blip in a more likely long-term trend.Palantir's stock is incredibly overvalued, and it may have its day of reckoning on the horizon as it's unlikely that it can live up to the expectations baked into the stock price. But how overvalued is Palantir? Palantir's business is doing incredibly wellPalantir has risen in popularity thanks to its art ...