Palantir Stock Investors Just Got Great News from Wall Street

Palantir (PLTR 1.49%) has been on an epic run in recent years, but it hasn't all been smooth sailing. The data analytics and artificial intelligence (AI) specialist has delivered stock price gains of 1,860% over the past three years, but has fallen 20% or more on at least 10 occasions. That's not all. Between 2021 and 2023, Palantir stock plunged more than 80% -- so it isn't for the faint of heart. The stock currently sells for a head-turning 244 times earnings and 117 times forward earnings (as of this wri ...