PLTR Stock

Why Investors Keep Buying PLTR Stock?

Palantir (PLTR) trades at roughly 100x estimated 2026 earnings and 73x 2027 earnings - multiples that would look pretty alarming on almost any other business. After nearly 135% run over the last year, the stock is down roughly 30% year-to-date in 2026 (read Why). And yet, long-term conviction in the stock hasn't wavered.