Veytics Intelligence
2026-11-03 · Yahoo

Why Palantir stock doesn't deserve to be caught up in the AI stock meltdown

Palantir's (PLTR) stock is being heavily defended post-earnings on Tuesday, as shares sell off 6% pre-market amid a broader meltdown in the AI trade. Wall Street is probably right to stick its neck out on Palantir after the type of quarter it reported late Monday. "Palantir reported another outstanding quarter with results coming in well above expectations as revenue growth accelerates further due to parabolic US demand for AI solutions. The growth thesis behind Palantir's commercial segment has manifesterd as commercial revenue surpassed government for the first time. We continue to believe Palantir is the best story in all of software," said D.A. Davidson analyst Gil Luria. (PLTR ) Go deeper with AlphaSpace 178.34 -5.77 (-3.

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