Palantir's Stock Has Bounced 23% Off Its Low— One Research Firm Says That's the Trap: 'We Still Won't Buy

Despite Palantir Technologies Inc. (NASDAQ:PLTR) rebounding nearly 23% to about $130 following a sharp 40% drawdown from its 2025 peak, financial research firm Rebound Capital is warning investors to avoid the stock.

The firm explicitly stated, “we still won’t buy it”, cautioning that the recent market dip masks a structural trap driven by unsustainable “nosebleed valuations” and new competition from Big Tech.

Inside the Valuation Trap

Palantir’s heavy correction from its November 2025 peak of ~$207 down to a late-June low of $106 has caught the attention of growth investors looking for a discount.

However, Rebound Capital argues that at the current price of ~$130, the stock remains incredibly expensive, trading at an estimated 80x next-twelve-month forward earnings.