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MarketBeat
MarketBeat
Business
Chris Markoch

Palantir’s Rough 2026 Start Raises a Bigger Question About Its AI Moat

Palantir Technologies Inc. (NASDAQ: PLTR) has been among the worst-performing technology stocks in the first half of 2026. PLTR is down nearly 35%, and with lighter summer volume in place, the next catalyst won’t arrive until the company reports earnings on Aug 3. History says that may not be enough to lift PLTR.

To be clear, there are many reasons why investors may be hesitant to buy PLTR, particularly if that means starting a new position. But it’s important to understand what Palantir is about, and more importantly, what it’s not.

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