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Still Down 26% in 2026, Is Palantir’s Rebound Just Getting Started?

The move follows a broader software and AI rotation as Palantir still trades at 148 times trailing earnings, analysts said.

Summary by 24/7 Wall St.
The post Still Down 26% in 2026, Is Palantir’s Rebound Just Getting Started? appeared first on 24/7 Wall St.. Shares of Palantir (NASDAQ:PLTR) are up 7% Monday afternoon to $131 and change, but the stock is still down 26% year to date (YTD). Today’s bounce is riding a broader enterprise-software and AI-adjacent rebound rather than a Palantir-specific catalyst or fresh piece of company news. The setup here is a classic tug-of-war. Palantir stock …

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24/7 Wall St. broke the news in Lakewood, United States on Monday, July 27, 2026.
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