PALANTIR PLUNGES: Is the Tech Giant Heading for Total Collapse?

Get ready, folks—Palantir Technologies (PLTR) is in full sell-off mode, and it’s not pretty! Just on March 6th, the stock took a nosedive, cratering by over 10% on almost double the daily trading volume! In just a flash, this once-mighty tech stock has tumbled over 27% in the last 30 days, officially plunging into bear market territory with a drop that exceeds 20%!

A Nightmare Scenario: Can Palantir Recover?

If PLTR doesn’t bounce back soon, it’s on track to wipe out ALL its gains from 2025! That’s right—fall another 5%, and you can say goodbye to all the upward momentum. Investors are sweating bullets as top-tier tech stocks have faced a similar fate this year. Alphabet has lost every ounce of momentum since its late November rally, while Apple has dropped a shocking 6%. Even NVIDIA is not immune, plummeting over 12%!

Eye-Popping Valuations: Is It Overpriced?

Despite this dramatic slide, Palantir is still strutting around with a jaw-dropping forward price-to-earnings ratio of 290.74 and a price-to-sales ratio of 73.77! You better believe that’s high by ANY standard! Experts are shaking their heads, warning that the stock could plunge even deeper, especially since the company isn’t scheduled to report earnings until May.

But hold on! It’s not all doom and gloom—Palantir has actually been making headlines, and not for bad reasons!

Shocking Turn of Events: Palantir’s Big Week!

You won’t believe what’s happening here! Amid the chaos, Palantir announced THREE major deals from March 4 to March 6 that could change everything!

• March 4: A groundbreaking contract with European banking giant Societe Generale to deploy its tech magic in their international retail banking activities!

• March 5: A thrilling joint venture with TWG Global, promising to revolutionize AI in the world of banking, investment management, insurance, and more!

• March 6: A game-changing three-year partnership with EYSA, a leader in sustainable mobility, integrating Palantir’s software for futuristic transport solutions!

With all these wins, you’d think the stock would soar! Yet, the bears are still lurking, and investors are asking: Will they jump in to buy this news?

Institutional Investors Are Turning Away—What Gives?

Despite the good news, institutional investors continue to dump this stock. The buzz is that Palantir needs about 40 new contracts every single quarter to justify its skyrocketing valuation. While three contracts are impressive, the skeptics are not convinced it’s enough. Short interest has dipped recently, but the dollar volume of short selling has skyrocketed by a staggering 250% year-over-year!

Retail Investors Are Bailing—But Not Everyone!

Many retail investors are bracing for a reality check, though die-hard Palantir supporters remain unfazed! Instead of panicking, they’re sitting back and watching from the sidelines as the stock remains above $80. Some are even flaunting gains of more than 400%! Sure, the dizzying heights of over $120 per share were thrilling, but anyone who’s been in the game knows to expect some turbulence.

The real concern will only kick in if PLTR crashes into the $40s. But by then, institutional investors might swarm in, snapping up shares at a “bargain” price!

Stay tuned, because this rollercoaster ride is far from over! Will Palantir recover, or is this the beginning of the end? Only time will tell!