Palantir Stock Is Down Nearly 30% in 2026. Here’s What It Will Take to Turn Around.

Palantir Technologies (PLTR) has come a long way from its roots as a post-9/11 intelligence software provider. Today, the company sits at the center of the artificial intelligence (AI) boom, helping governments and businesses use data to make faster, smarter decisions through its Artificial Intelligence Platform (AIP). That transformation turned Palantir into one of Wall Street’s hottest AI stocks and fueled a massive rally in 2025.

But 2026 has been a different story.