
For some Palantir Technologies Inc. (NASDAQ: PLTR) investors, it seems like the thrill is gone as it relates to PLTR. The stock is down about 20% in 2026. But dating back to its 52-week high in November 2025, PLTR is down about 30%.
Furthermore, the stock has been trading in a defined range since early February. Even a strong earnings report in February hasn't been able to give PLTR a bullish lift.