Palantir Stock Drops 17% From Its High. Wall Street Has Best- and Worst-Case Scenarios for What Happens Next.

Most Wall Street analysts expect Palantir to reach or exceed $200 per share in 2026.Palantir Technologies (PLTR 3.45%) stock has advanced 1,880% since the introduction of ChatGPT in late 2022, an event that jump-started the artificial intelligence (AI) boom. But the stock has also fallen 17% from its high because of valuation concerns and a recent rotation away from software stocks.Bulls argue the company provides indispensable analytics and artificial intelligence tools that help commercial enterprises and ...