Despite Palantir Technologies Inc. (NASDAQ:PLTR) rebounding nearly 23% to about $130 following a sharp 40% drawdown from its 2025 peak, financial research firm Rebound Capital is warning investors to avoid the stock.
The firm explicitly stated, “we still won’t buy it”, cautioning that the recent market dip masks a structural trap driven by unsustainable “nosebleed valuations” and new competition from Big Tech.