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Palantir Stock Fell 7% on Friday. Here’s Where Shares Could Go in 2026

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Key Stats for Palantir Technologies StockLatest Trading-Day Performance: -7%52-Week Range: $106 to $213Valuation Model Target Price: $172Implied Downside: 8%What Happened?Wall Street’s growing concerns about expensive AI stocks have put Palantir’s premium valuation under pressure, even as its business continues delivering exceptional growth. Palantir Technologies (NASDAQ: PLTR) stock fell 7% on Friday, October 16, closing near $186 per share, as a broad technology selloff overshadowed positive a