Why these 3 Wall Street analysts are strongly for selling Palantir stock

Group 1 - Palantir's stock has reached a new all-time high of $141, reflecting a year-to-date increase of nearly 90%, driven by expanding government contracts [1][3] - The company's Foundry platform has been deployed across several federal agencies, contributing to its momentum [3] - Despite the stock surge, some Wall Street analysts express skepticism regarding its high valuation, with concerns about the sustainability of growth from government contracts [4][5][6] Group 2 - Mizuho analyst raised the price target for Palantir from $94 to $116 but maintained an 'Underperform' rating, citing high enterprise value-to-sales multiples [5] - RBC Capital's analyst noted robust margins of 80.25% and revenue growth of 28.79%, but kept a $40 price target and 'Underperform' rating due to high valuation concerns [6] - Deutsche Bank analyst increased the price target from $50 to $80 while maintaining a 'Sell' rating, arguing that the stock's valuation is excessive [7] Group 3 - Recent insider selling of Palantir stock has raised concerns among investors regarding the company's long-term outlook [8]