Once among Wall Street's hottest growth stocks, Palantir (PLTR) and SoFi (SOFI) have fallen sharply out of favor in 2026. Palantir shares are down about 24% year-to-date (YTD), while SoFi has lost more than 29% of its value.
Despite the selloff, the underlying businesses of these companies remain solid and continue to deliver strong financial results. At the same time, valuations have become far more reasonable than they were at their recent highs.
